MarketAxess appoints Raj Paranandi as Chief Operating Officer for EMEA & APAC
MarketAxess Holdings Inc., an international financial technology company that operates an electronic trading platform for the institutional credit markets, and the provider of market data and post-trade services, announced it has appointed Raj Paranandi as Chief Operating Officer for EMEA & APAC, effective March 1st, 2021.
In his new role, Mr. Paranandi will have day-to-day operational oversight for EMEA & APAC, including technology and product development, client and account services, data operations, regulatory operations and controls, settlements and middle-office functions. Based in London, he will report to Christophe Roupie, Head of EMEA and APAC at MarketAxess.
As seen from his LinkedIn profile, prior to joining MarketAxess, Mr. Paranandi was Managing Director, Co-Head Digital Transformation for UBS Investment Bank. Prior to this position, he spent four years as Global Chief Operating Officer for FX, Rates and Credit at UBS Investment Bank. Previously, Mr. Paranandi held several leadership positions in technology and operation at Barclays, Credit Suisse and Accenture. He has also worked as a board member of the Global Financial Markets Association (GFMA).
“Raj brings with him an impressive record of front-to-back operational leadership and successful strategic transformation”, said Christophe Roupie, Head of EMEA and APAC at MarketAxess. “His experience in building new business lines and leading major technology and infrastructure change programs will be highly valuable to us as we seek to expand our international business into new markets, sectors and product lines.”
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