Event Speakers


Judson Baker
Senior Vice President and Product Manager, Northern Trust Corporation

Judson serves as Senior Vice President and Product Manager with a focus on derivatives and collateral management. He is responsible for coordinating and developing Northern Trust's investment operations outsourcing, fund administration and custody services as they relate to derivatives. This includes innovation and development, global expansion, and overall strategy for derivative services.

Prior to joining Northern Trust in 2006, Judson helped to develop a Product Control group at Citadel Investment Group for two years. He managed a team that was primarily responsible for the independent price verification as well as profit/loss reporting and analysis for all traded products. Prior to joining Citadel, Judson spent seven years at Bank One focusing on derivatives. In his later years at Bank One, he was an Equity Derivative trader within the firm's Capital Markets area.


David Felsenthal
Partner, Clifford Chance US LLP

David Felsenthal's practice focuses on trading, structured transactions and financial regulation. He has worked on a wide variety of financial transactions, including structured securities, funds, repos and securities lending. He has also worked extensively on a range of derivatives, including derivatives linked to credit, foreign exchange, interest rates, and equities. Mr. Felsenthal advises clients on the interpretation and implementation of applicable regulations, including those issued under the Dodd-Frank Act.

Mr. Felsenthal's expertise has been recognized by various industry-wide bodies: he has been retained by the International Swaps and Derivatives Association to assist with responses to regulatory proposals implementing Dodd-Frank; he is the primary author of the industry-wide netting and enforceability opinions for SIFMA for the master repo, securities lending and forward agreements; and he has been retained by the Foreign Exchange Committee to advise on netting of foreign exchange contracts.

He is recognized as a leading derivatives lawyer by Chambers Global and Chambers USA. He is on the Editorial Advisory Board of the Journal of Risk Finance and he is a guest contributor to The Harvard Law School Forum on Corporate Governance and Financial Regulation (http://blogs.law.harvard.edu/corpgov).

Prior to joining the firm, Mr. Felsenthal worked in the Legal Department of the Federal Reserve Bank of New York. He graduated from Princeton and Harvard Law School, cum laude.

Mr. Felsenthal has been a partner with Clifford Chance since 1997 and is based in its New York office.


Corry Bazley
Director, ICE Clear Credit

Corry Bazley is Head of OTC Financial Sales overseeing all sales and marketing for ICE’s U.S. credit derivative offerings as well as OTC FX clearing. Ms. Bazley joined ICE in August 2008.

In her previous role at Creditex, which was acquired by ICE in 2008, Ms. Bazley held a senior sales and marketing role supporting CDS technology solutions for trade execution, affirmation and compression. She also played an instrumental role in the company’s U.S. dealer-to-dealer portfolio compression initiative. Prior to joining Creditex, Ms. Bazley marketed an interdealer broker trading platform at CreditTrade, which was acquired by Creditex in 2006. Prior to joining CreditTrade in 2005, Ms. Bazley held various roles delivering project based solutions to financial services firms.

Ms. Bazley earned a Bachelor of Commerce degree from Queen’s University in Kingston, Ontario.


Joshua Q. Satten
Senior Vice President, Global Head of OTC Structured Products, Northern Trust Hedge fund Services

Joshua Q. Satten, Global Head of OTC Structured Products for Northern Trust Hedge Fund Services, oversees back-office and middle-office operations across a dynamic client base comprising over $120 billion in assets under administration. He is in the unique position of representing both firm and client operations in respect to working groups and initiatives across the OTC industry, while also acting in the capacity of operations management, client service, and implementation.

Before joining Northern Trust Hedge Fund Services, Mr. Satten was Head of OTC Structured Products for Omnium (founded in 2007 by Citadel and acquired by Northern Trust in 2011). Prior to that, he was Operations Manager for BlueMountain Capital Management where he oversaw global trade support for all Listed and OTC products. Mr. Satten began his career as an OTC Documentation Specialist, first with JP Morgan Chase and then with Bear Stearns, with a focus on Interest Rate, Exotic Equity, and Structured Credit derivatives.


Jeffrey M. Bandman
Head of Partnerships and Alliances, LCH.Clearnet Ltd.

Jeffrey M. Bandman is Head of Partnerships and Alliances for LCH.Clearnet Ltd.’s SwapClear business. He is responsible for SwapClear’s relationships and partnerships with SEFs, OTFs and other execution venues, as well as consultancies, technology system and service providers, trade repositories,custodians and other strategic partners in the OTC clearing ecosystem. He served with colleagues and industry delegates on the SwapClear Design Authority for the US FCM business and participates on the SwapClear BuySide Advisory Committee. He is the author of The New Clearing Landscape in the U.S., U.K. and Europe which appeared in the November/December 2010 issue of Journal of Taxation and Regulation of Financial Institutions.

Prior to LCH.Clearnet, Mr. Bandman worked on a variety of new initiatives in the derivatives industry in New York and London, including LiquidityHub and Project Rainbow. Before that he was responsible for rebuilding and managing Cantor Fitzgerald’s market data business after the events of September 11, and also managed eSpeed’s technology licensing business. Mr. Bandman started hiscareer as a corporate associate at Cravath, Swaine & Moore in New York and then served as General Counsel for Prebon Yamane and Prebon Energy for the Americas. His undergraduate degree is a B.A. with honors in both History and English from Yale, and he also has a law degree from Stanford.


Atanas Goranov
Managing Director, Derivatives Risk Officer, Investments, Guardian Life Insurance

Atanas H. Goranov is Managing Director in the Investments Department and the Derivatives Officer of the Guardian Life Insurance Company of America. As the leader of the Derivatives Risk Group, his responsibilities include oversight of all hedging programs, derivatives strategies and derivatives trading at the firm. He is also responsible for counterparty risk management, Investments Operational Excellence and certain hedge fund investment management. Prior to Guardian Atanas was Vice President, Risk Management at General Electric Asset Management (GEAM). There he was in charge of the fixed income and public equity risk team and was responsible for risk management of over $160BB of assets. His prior roles at the General Electric Co. involved acquisitions and dispositions of investment banks, asset management firms, and insurance companies globally. Atanas is a graduate of GE’s Global Leadership Development Program, holds a Diploma in Economics from Moscow State Institute of International Relations and an M. B.A. from the American University in Washington DC. Atanas is a member of GARP, PRMIA, New York Society of Security Analysts and the CFA Institute.


James Hartshaw
Assistant General Counsel, GM Asset Management

James Hartshaw is an investment and corporate attorney at General Motors Asset Management (GMAM). GMAM manages the U.S., U.K. and Canadian pension plans of General Motors Company. Prior to joining GMAM, Mr. Harshaw worked at Sullivan & Cromwell, Merrill Lynch Asset Management and American Re Financial Products. Mr. Harshaw has dealt with derivatives throughout his career and is currently responsible, among other things, for preparing the GM Pension Funds to comply with the swap clearing mandate under Dodd-Frank. Mr. Harshaw has been extensively involved in lobbying on financial reform and pension matters, including the Dodd-Frank legislation and related regulations.


Sanela Hodzic
Managing Director, Strategy & Business Development, Calypso

Sanela Hodzic is the Managing Director of Strategy and Business Development at Calypso, responsible for OTC clearing, risk management and liquidity business initiatives. Sanela brings a wealth of risk management experience from working with world’s largest banks, corporations, insurance and assert management institutions.

Prior to joining Calypso, Sanela worked as a risk practitioner in various risk management roles at Moody’s KMV, British Petroleum and Goldman Sachs. She earned a Masters in Engineering from Imperial College, London and a Masters in Finance from London Business School. Sanela is based in San Francisco, CA.


Brandon Greenberg
An independent consultant and President, Greenberg Partners

Brandon Greenberg is an independent consultant and President of Greenberg Partners. He specializes in advising financial firms on Dodd-Frank compliance issues and assisting them with the program and project management associated with carrying-out and implementing large regulatory change initiatives. Mr. Greenberg has advised a number of clients on the Dodd-Frank Act, including: two potential Swap Execution Facilities, the US branch of a leading UK bank, a Top 3 US Global Bank, among others. His work has centered on translating the Dodd-Frank and Volcker Rule requirements into executable tasks and developing strategies to comply with complex rules. He has developed Volcker Rule compliance approaches for both US and foreign financial institutions. Mr. Greenberg began his career at the US Treasury Department where he provided guidance to banks on how to comply with US sanctions regulations.

Geoff Cole
Senior Manager, Business Consulting, Sapient

Geoff Cole, Senior Manager with Sapient’s Market Initiatives practice, focuses on helping investment banks and asset managers plan and respond to regulatory change within their derivatives businesses both in the US and abroad.

Most recently Geoff has led several projects focused on SDR reporting and Swap Dealer readiness planning for Dodd-Frank.

Geoff has led a range of projects over his career in consulting helping clients with global business planning, client service strategy, product development, IT governance & business alignment, portfolio accounting, and client reporting across multiple business and product lines.

Geoff’s extensive consulting experience spans assignments with global investment banks/brokers, institutional asset managers, multi-strategy hedge funds, fund administrators, and middle office outsourcing providers.


Gregg Rapaport
Managing Director, Depository Trust and Clearing Corporation

Gregg Rapaport is a Managing Director with the Depository Trust and Clearing Corporation. Mr. Rapaport has been actively involved in the OTC Derivatives marketplace since 1989. Prior to DTCC, Mr. Rapaport was a consultant to a broad range of service providers in the industry. Previously, Mr. Rapaport served as Director – North American Derivative Operations for Deutsche Bank. Prior to that, Mr. Rapaport served as the Chief Administrative Officer of Mizuho Capital Markets, a market-maker of OTC Derivatives. He also served as a Senior Director of Global Trading Operations at Continental Bank in Chicago. Mr. Rapaport started his career in 1983 at Ernst & Whinney where he was a Senior Manager in their National Cash Management Consulting Group. Mr. Rapaport graduated from the Wharton School of Finance and Commerce at the University of Pennsylvania in 1983.


Felix Shipkevich
Principal, Shipkevich PLLC

Mr. Shipkevich’s practice focuses on regulatory, transactional, and enforcement matters in the fields of futures, commodities, and derivatives. He works with Futures Commission Merchants (FCMs), Retail Forex Exchange Dealers (RFEDs), Introducing Brokers (IBs), Commodity Pool Operators (CPOs), Commodity Trading Advisors (CTAs), Swap Dealers (SDs), Swap Execution Facilities (SEFs), and domestic and offshore hedge funds. Mr. Shipkevich guides clients on procedures related to registration with the U.S. Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA), as well as domestic and international regulators in local jurisdictions. Mr. Shipkevich prepares and helps implement compliance, anti-money laundering (AML), and Electronic Trading Systems (ETS) procedures for clients in the commodities and derivatives fields.


George Harrington
Global Head of Bloomberg Fixed Income Trading, Bloomberg LP

George Harrington is the global head of Bloomberg’s Fixed Income Trading (FIT) business, the world’s largest and most widely used fixed income trading platform. Based in New York, he is responsible for overall strategy and delivery of FIT, which provides liquidity for more than 150 of the world’s leading major and regional dealers. FIT also provides trading functionality and straight through processing across all fixed income asset classes including cash bonds, repos, money markets, interest-rate and credit derivatives, mortgages, money markets and municipal bonds.

Previously, Mr. Harrington was head of product management for Bloomberg’s Fixed-Income Derivative Trading business, overseeing single and multi-dealer execution services, clearing and legal execution services and VCON – Bloomberg’s voice trading network. Prior to joining Bloomberg in 2007, he worked at Tradeweb managing the credit default swap execution business and at PriceWaterhouseCoopers where he worked in corporate valuation.

Mr. Harrington has a master’s degree in business administration from Boston College and a bachelor's degree in economics from Old Dominion University in Virginia. He is a Chartered Financial Analyst.


Ted Brooks
Director of Clearing, Markitserv


Denis Mayer
Competency Lead – Compliance and Risk Management, Knowledgent

Denis Mayer has twenty years of experience providing management and technology services to the financial services industry. He has helped many buy and sell side organizations develop solutions for regulatory initiatives such as Dodd-Frank, Basel, FACTCA, Patriot Act, Policy/Procedure Management, Regulatory Reporting, Trade Surveillance, Anti-Money Laundering and Know Your Customer. Prior to Knowledgent, Denis worked at EMC Consulting, BearingPoint, Arthur Andersen, the National Basketball Association and Fidelity Investments. Recently, Denis has helped several banks implement a Legal Entity Identifier data solutions to comply with Title VII of the Dodd-Frank Act. Denis has a Bachelors of Business Administration from Hofstra University.


Laurian Cristea
Senior Vice President, Compliance and Regulation, LCH.Clearnet Ltd.

Laurian is responsible for LCH.Clearnet’s regulatory and compliance work for OTC clearing services in London, Paris, and New York. Prior to joining LCH.Clearnet, he was an attorney in the Division of Market Oversight with the Commodity Futures Trading Commission in Washington D.C., where he drafted regulations for the implementation of the Dodd-Frank Act and conducted examinations of registered exchanges. He has also advised clients on various aspects of the Dodd-Frank Act and drafted an application and rulebook for a Swap Data Repository seeking registration with the CFTC.

Laurian has a J.D. from Brooklyn Law School and a B.A. from the University of California at Berkeley.


Jeff Nason
Managing Director of Global and Strategic Relationships, Butterfield Fulcrum

Jeff Nason is a Managing Director for Global and Strategic Relationships with Butterfield Fulcrum Group. Prior to joining BFG in March 2011, Jeff was President of Marlin Holdings, LLC and its wholly-owned subsidiary Marlin Global Insight, LLC, which he founded in 2006. Jeff’s career has combined extensive experience in the worlds of investigations and investment opportunity sourcing/allocation and due diligence. He has more than 15 years of experience conducting complex investigations and has spent the past 10 years in asset management, matching capital with diverse investment opportunities.

An investigative journalist by training, Jeff investigated and wrote about the Iran-contra Affair and other election and policy issues in Washington, DC in the mid 1980s as a researcher for the Washington Post Foreign Policy Project and as an information analyst/investigator for the National Security Archive. In 1988, he joined The Investigative Group International where he managed and conducted corporate investigations, including related to hostile takeovers/mergers and acquisitions, litigation support, fraud investigations and internal inquiries, background investigations, security audits, and a variety of other complex fact investigations in support of disputes or business transactions. In 1997, he joined PricewaterhouseCoopers to build and oversee an international non-forensic investigative practice, including fraud and due diligence inquiries in the hedge fund and broader asset management spaces.

In 2001, Jeff joined Ritchie Capital Management, a global asset management platform, where he managed all aspects of manager identification, due diligence, selection, allocation of capital, and external portfolio management. He also sourced investment opportunities away from traditional hedge fund strategies, including in the private equity and venture capital spaces, real estate, reinsurance, trade finance, and other global niche strategies.

Jeff earned a B.A. from the University of Richmond.


Andres Choussy
Executive Director, FX Prime Brokerage and Clearing, J.P. Morgan

Andres Choussy, Executive Director FX Prime Brokerage and Clearing, J.P. Morgan Andrés Choussy is global head of FX Clearing at J.P. Morgan. He is responsible for offering intermediation (prime brokerage) and clearing services to a diverse set of buy side clients including hedge funds, high frequency trading firms, broker-dealers, asset managers, insurance companies, etc.

In addition, he serves on the management team for the FX trading business. Prior to his current role, Mr Choussy was head of Credit Derivatives Clearing in the Americas where he was responsible for coordinating the onboarding and client servicing of CDS clearing and intermediation clients, as well as for new product development for CDS clearing. Previous to this, he worked in Prime Brokerage product development where he was responsible for developing, marketing and supporting the credit derivatives portfolio margining service across vanilla and complex credit derivatives.

During his time at J.P. Morgan, Mr Choussy has also worked in Investment Banking Strategy, Market Risk Management and Financial Reporting. Prior to joining J.P. Morgan, he spent four years at Banco Cuscatlan, El Salvador, working on Retail Banking Strategic Planning and Credit Risk Management. He holds a Bachelor of Science degree in Agricultural Economics from Cornell University and an MBA from Wharton Business School.


Steve Lipof
Practice Leader – Compliance and Regulatory, Virtusa Corporation - Financial Services Consulting

Steve leads Virtusa’s Compliance and Regulatory Practice for Financial Services. He is responsible for developing and delivering compliance services and solutions across the industry to Banks, Broker Dealers, Asset and Wealth Managers and the Alternative Investment community. Steve manages complex engagements with major financial institutions that provide solutions and solve business problems in a changing regulatory environment.

Prior to Virtusa, Steve was most recently Director of Compliance Recruitment and Regulatory Services at Response Compliance and Regulatory Services. He was responsible for building out the business line from inception. Steve led the effort to create services and products, along with managing client relationships and engagements. As well, at Response, Steve led consulting teams in the areas of Accounting, Audit, Compliance and Regulatory and Operations (back and middle office). Steve began his career in financial services at Fidelity Investments.

Steve's experience also includes more than 15 years of business development, consulting, recruiting, sales and staff deployment.

Steve’s focus is on partnering with clients, domestic and international; to implement the required change brought on by Dodd Frank and other regulatory requirements.


Ron D’Vari
CEO & Co-founder, NewOak Capital LLC

Ron D'Vari, Phd, CFA, is the Co-founder and Chief Executive Officer of NewOak Capital created in response to the credit crisis to provide independent advisory, opportunistic asset management, and customer focused capital markets services to a broad range of investors and institutions globally. In addition to leading the firm, D’Vari focuses on dayto- day active management of the investment management and solutions side of the firm.

NewOak specializes in restructuring and asset management of distressed residential and commercial mortgage loans, corporate credit and the universe of structured products and related derivatives. Previously, D’Vari was the head of structured finance, and senior member of Investment Strategy Group, Alternative and Fixed Income Business Committees at BlackRock. Prior to BlackRock, D’Vari was a member of Bond Policy Committee responsible for MBS/ABS/CMBS sectors of the portfolios and overall fixed income research; D’Vari holds MBA, PhD and MS degrees from UCLA and has held adjunct faculty positions at UCLA, Boston University, and Brandeis.

Bikram Singh
Head of OTC Derivatives, Citigroup

Bikram Singh is the Global Business Head of OTC Derivatives services responsible for business strategy, product development, sales and management. Citi’s OTC derivatives platform serves hedge fund and large institutional managers, banks, insurance firms and pension funds, offering the full range of front, middle and back office functions.

Prior to Citi, Mr. Singh worked with Goldman Sachs to define the global derivatives processing and regulatory framework for the firm. Previously, he was at American Stock Exchange responsible for its initiative to modernize market making and specialist functions, bringing the exchange in compliance with Regulatory NMS prior to the NYSE merger. He was also at Lava Trading, focusing on business development and product management. Earlier in his career, Mr. Singh was at Lehman Brothers, in Corporate Strategy and later in Equities Trading, trading global merger arbitrage spreads on a proprietary basis for Lehman.

Mr. Singh started his career at McKinsey & Co. Bikram is a thought leader in the OTC derivatives regulatory and operational and technology space as it pertains to the impact of Dodd Frank rules governing the execution and processing of over the counter derivative contracts across business, operations and technology.

Mr. Singh participates in various industry associations and panels assessing the impact of legislative and regulatory changes. Mr. Singh holds a BS in Political and Computer Science from the Illinois Institute of Technology.


Diana Shapiro
NAM Head of Product Development, OTC Clearing, Citigroup

Mrs. Shapiro is the Americas Head of Product Development for OTC Derivatives Intermediation and Clearing for Citi, Prime Finance. In this role Diana takes an integral role in shaping the internal development to support central counterparty clearing for a business that has successfully cleared hundreds of billions of dollars in notional in Interest Rate Swaps and Credit Default Swaps on behalf of clients at a number of Clearinghouses including CME, LCH.Swapclear, and ICE Clear Credit.

Mrs. Shapiro is also an active participant in industry working groups, and is currently co-chairing the ISDA/FIA Messaging Protocol Sub-Committee whose focus is to design an industry standard messaging framework to ensure certainty of clearing.

Mrs. Shapiro joined Citi in 2011 and prior to joining the firm spent 7 years at Deutsche Bank managing several global project teams focusing on a number of areas including Dodd Frank/Regulatory Reform, Risk and P&L, Operations and Market initiatives. Diana received a Bachelor degree in Accounting and Finance from NYU Stern School of Business.


Mariam Rafi
North American Head of OTC Clearing, Citigroup


Aamer Quadri
Global Head of Collateral Middle Office, Operational Risk and Strategic Solutions, Bank of America Merrill Lynch

Aamer Quadri is Global Head of Collateral Middle Office, Control and Solutions at Bank of America Merrill Lynch (BAML). His unit is responsible for a wide array of activities including collateral performance, risk and decision support analytics, regulatory disclosures, control including portfolio reconciliations and dispute resolution and strategic solutions primarily dealing with regulatory reform. Aamer is in his third year with BAML. Previously, he has served in multiple geographies including South Asia, Middle East and Canada spanning nearly twenty-four years at top-tier institutions like Chase, HSBC and ABN Amro. Aamer has experience in a wide range of roles in financial control, middle office and product expertise in derivatives and capital markets instruments primarily in sales, trading and treasury context. Aamer is active in industry dialogue and represents BAML at ISDA Collateral Steering Committee. He has an MBA form Kellogg School of Management, Northwestern University, is a Chartered Accountant and a member of American Institute of Certified Public Accountants.


Sanjay Kannambadi
CEO, BNY Mellon Clearing

Sanjay Kannambadi is the CEO of BNY Mellon Clearing, LLC, a U.S. registered futures commission merchant (“FCM”) and a member of the National Futures Association. In his present role, Sanjay has the global responsibility for business management and strategic direction for the institutional derivatives clearing and electronic execution business.

Sanjay serves on the board of BNY Mellon Clearing, in the US and Dublin. Additionally, Sanjay serves as a Member of the Board of Directors of the Futures Industry Association (FIA) and is a Director on the Board of The NASDAQ OMX Futures Exchange (NFX).

Prior to his current position, Sanjay was the Head of the Office of Innovation, a corporate group responsible for developing revenue strategies globally. He has also held various senior roles leading numerous strategic initiatives across Finance, Operations and Technology.

Sanjay has over 20 years of business and management experience. Before joining BNY Mellon in 2001, he worked as a Senior Manager, Management Consulting group at JP Morgan Chase, where he led various engagements across Investment Banking, Capital Markets, and Auto Finance businesses. Prior to that, he worked at Bear Stearns in the Fixed Income Portfolio Strategies group serving Institutional clients. Sanjay began his career working as a Manufacturing Engineer and then a Marketing Manager.

Sanjay received an MBA from Carnegie Mellon University. He also holds Masters and Bachelors Degrees in Mechanical Engineering.

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