TP ICAP Hires Aldeco-Martinez as CEO of Parameta Solutions

(Picture Source: LinkedIn)

TP ICAP Group (TP ICAP), a world-leading markets infrastructure and data solutions provider, announced on Wednesday that it has appointed Silvina Aldeco-Martinez as Chief Executive Officer of Parameta Solutions, the Group's data and analytics division. Aldeco-Martinez takes over the role from Eric Sinclair, who has been named as Chair of the Parameta business.

Aldeco-Martinez joins TP ICAP from PitchBook, a research and financial data division of Morningstar, where she served as the Integration Management Officer and was a member of the executive team. She was also the CEO of Leveraged Commentary and Data (LCD), successfully overseeing the sale of LCD to PitchBook.

Aldeco-Martinez brings with her extensive experience in the industry, having spent nearly twenty years at S&P Global. During her time there, she held several key positions including Director for Corporate Credit Ratings in Latin America, Managing Director & Investment Banking and Private Equity Lead for EMEA & APAC, and Chief Product Officer for S&P Global Platts, a division of S&P Global that provides information and benchmarks for the energy and commodity markets.

Nicolas Breteau, CEO of TP ICAP Group, commented on the appointment: "Over the last six years, Parameta Solutions has grown rapidly to be the world's leading provider of OTC data. The business is now at the right scale and stage of maturity to take the next step in its growth story. Silvina is well qualified to lead and accelerate this growth. And with Eric moving to be Chair, the business and its stakeholders will continue to benefit from his deep industry knowledge and relationships."

Silvina Aldeco-Martinez, CEO of Parameta Solutions, stated: "I have been impressed by Parameta Solutions' client base, the quality of our people and partners, and the exclusive access to a wealth of data that is so core to the fabric of wholesale markets. From this unique position of strength, I look forward to working with Eric and the team on further empowering our clients' success through innovative solutions."

Last month, Fazzaco reported TP ICAP's partnership with FalconX​, the world's largest institutional digital asset prime broker and the first CFTC registered swap dealer. The collaboration aims to enhance liquidity and establish a connection between the crypto ecosystem and traditional financial markets.