CLS Group Hires Matthew Hill as Senior Product Manager

Fazzaco learned that CLS Group, a US-based provider of settlement services to its members in the forex market, has hired Matthew Hill as its Senior Product Manager.

As seen on his LinkedIn profile, Matthew Hill joined CLS Group from TP ICAP, where he was responsible for product management and business development across rates, credit, Forex and Forex options in EMEA. Prior to TP ICAP, he was GBM Regulatory Technology Change Specialist at HSBC Bank. Before that, Mr Hill spent over 5 years with Markit, where he held senior roles as Vice President at FX Product Management Division and Director of Business Development. Additionally, he once worked at JPMorgan Chase for 1 year.

Mr Hill is a graduate of University of Kent with a bachelor's degree in Computer Systems Engineering, Maths, Electronics, Programming and holds a master's degree in Broadband and Mobile Communication Networks.

​CLS is a specialist US financial institution that provides settlement services to its members in the foreign exchange market. Although the forex market is decentralised and has no central exchange or clearing facility, firms that chose to use CLS to settle their forex transactions can mitigate the settlement risk associated with their trades.