Carl Nilsen joins Boat Services to further develop the company’s fast growing RegTech business, focused on MiFID II transparency.
With business gaining momentum and more clients continuously committing to the Pan-European MiFID II multi-asset trade reporting service TRADEcho, Boat have appointed Carl Nilsen, former Head of Equities at Oslo Bors, as Director of Sales. Carl joins hot on the heels of Per Lovén, former Liquidnet Head of International Corporate Strategy.
TRADEcho is a partnership between the London Stock Exchange and Boat, together managing a substantial share of firms’ current MiFID trade reporting. The service will help firms efficiently comply with their pre- and post-trade transparency obligations under MiFID II.
As the Head of Equities at Oslo Bors, Carl oversaw sales and marketing for the exchange’s equities business. At Boat, Carl will focus on developing and managing the firm’s ever growing customer base for TRADEcho, with an emphasis on the Northern European client base.
“With over 40 customers already committed to TRADEcho, and following our recent success in partnering with the LBMA for greater transparency in the precious metals market, I am excited to have Carl join Boat’s rapidly growing team. Carl’s past experience and relationships will be invaluable in developing the success of TRADEcho”, says Jamie Khurshid, CEO of Boat Services.
“Carl’s in depth knowledge and extensive network across Europe will further add to what is already a very experienced and knowledgeable sales team that are handling huge demand”, says Veronica Augustsson, CEO of Cinnober.
Carl Nilsen holds a Master (MSc) degree in Finance from the Norwegian School of Economics. Prior to heading up Oslo Bors’s equities business, Carl spent over five years at Oslo Bors in various roles.
Boat’s RegTech business has attracted a number of hires in the past 6 months, including former Liquidnet Head of International Corporate Strategy, Per Lovén, Goldman Sachs Executive Director Ben Duckworth, UBS Associate Director Chris Machin, and Fidessa Senior Analyst Tina Colville.
For further information, please contact:
Boat Services Ltd
Tel. +44 (0)20 7961 0795
Head of Corporate Communications
Cinnober Financial Technology
Tel. +46-(0)73 403 12 39
Services Boat was established in 2007, offering MTFs, SIs and investment firms an easy and cost-efficient way to comply with transparency obligations. Ever since, Boat has operated with exceptional uptime, and is the trade data monitor (TDM) with the most comprehensive offering of reportable instruments, including more than 10,000 stocks and ETFs across Europe, the Swiss and Russian markets.
Ever since Boat’s inception, its core technology has been supplied by Cinnober. In 2014 Cinnober acquired Boat ensuring the continued existence of a specialized provider, committed to the long term delivery of transparency services to the benefit of the industry. For further information, please visit www.theboatplatform.com.
Cinnober provides solutions and services to leading trading and clearing venues, including exchanges, clearinghouses, banks and brokers. Cinnober’s solutions are largely based on the TRADExpress™ Platform, incorporating everything needed for mission-critical solutions in terms of performance, robustness and flexibility. The portfolio of offerings includes price discovery and matching, real-time risk management, clearing and settlement, index calculation, data distribution and surveillance.
Cinnober’s customers include the Australian Securities Exchange, BM&FBOVESPA, Dubai Gold & Commodities Exchange, Euronext, Japan Exchange Group, Johannesburg Stock Exchange, the London Metal Exchange, LME Clear, NYSE and the Stock Exchange of Thailand. For additional information, please visit www.cinnober.com.