State Street Strengthens FX Platforms with Appointments of New Global Heads for Currenex and FX Connect
October 12 2017 - 6:00AM
Business Wire
Industry Leaders to Focus on Increasing Liquidity on
Market-Leading Platform, Expanding Market Data Products
State Street Corporation (NYSE: STT) today announced that James
Reilly has joined State Street as global head of Currenex, a
market-leading technology provider offering the FX community
high-performance technology and access to deep pools of liquidity
for anonymous and disclosed trade execution. Reilly will focus on
expanding the business and creating new partnerships. Additionally,
Stephen Dispenza has been promoted to global head of sales for
Currenex, reporting to Reilly. Dispenza previously served as North
American head of sales for the platform.
Reilly joins State Street from Cantor Fitzgerald, where he was
most recently global head of Foreign Exchange Sales and Trading. He
reports to David Newns, who assumes a newly-created role as global
head of GlobalLink Execution Services.
State Street also announced that Beverley Doherty has been
appointed global head of FX Connect, a market-leading FX execution
venue that helps firms efficiently manage multiple portfolios,
connect with brokers and streamline global operations. Doherty was
most recently the chief operating officer and North American head
for GlobalLink, State Street’s suite of e-trading platforms,
technology, data and workflow solutions. Prior to that she held
various roles in Currenex including Business Development and
corporate sales. Doherty will also report to Newns.
“I’m very pleased to welcome James to our team as well as
announce the promotions of David, Stephen and Beverley,” said
Martine Bond, head of GlobalLink. “David’s expanded role will allow
him to focus on leveraging technology across platforms and creating
synergies in GlobalLink’s core execution and trading platforms, and
will help us better meet our clients challenges in the FX industry.
I’m also excited to have James on board as his reputation as a
leader and innovator gives me great confidence in his ability to
bring our business to the next level.”
FX Connect and Currenex were recently honored with three awards
from Profit & Loss including ‘Best Platform for Hedge Funds’
and ‘Best FX Multi-dealer Platform’ for Currenex and ‘Best Platform
for Asset Manager's’ for FX Connect. FX Connect was also ranked two
in multibank and independent platform market share by Euromoney
Magazine, up 6.5 percentage points from 2016.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's
leading providers of financial services to institutional investors,
including investment servicing, investment management and
investment research and trading. With $31.0 trillion in assets
under custody and administration and $2.60 trillion* in assets
under management as of June 30, 2017, State Street operates in more
than 100 geographic markets worldwide, including the US, Canada,
Europe, the Middle East and Asia. For more information, visit State
Street’s website at www.statestreet.com.
* AUM reflects approx. $34 billion (as of June 30, 2017) with
respect to which State Street Global Markets, LLC (SSGM) serves as
marketing agent; SSGM and State Street Global Advisors are
affiliated.
State Street Corporation One Lincoln Street, Boston, MA
02111-2900.
© 2017 State Street Corporation - All Rights Reserved
CORP-3299
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State Street CorporationBrendan Paul,
+1-617-662-2903BPaul2@StateStreet.com@StateStreet
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