Giancarlo Named Advisor to Baton Systems
Posted by Colin Lambert. Last updated: April 14, 2021
Post-trade solution provider Baton Systems has announced that former Commodity Futures Trading Commission chair Christopher Giancarlo is to become a senior advisor to the company.
Giancarlo served as chair of the CFTC between 2014 and 2019. Prior to that he was executive vice president of financial services firm GFI Group, leading its initial public offering, and as executive vice president and US counsel of Fenics Software.
“We are honoured to welcome chairman Giancarlo to Baton’s Advisory Board,” says Arjun Jayaram, CEO and founder of Baton Systems. “His tremendous contributions to the industry and advocacy for emerging technology will be critical as Baton continues to innovate and advance the capital markets experience for all market participants.”
Giancarlo adds, “Baton is solving some of the most pressing pain points in the capital markets post-trade process that have plagued the industry for decades and demonstrating the true value of leveraging modern technology to address these challenges. [It is also] enabling a solution that is working today to improve the speed and precision of collateral management.”
Giancarlo is also senior counsel to the international law firm Willkie Farr & Gallagher and a co-founder of the Digital Dollar Project to advance consideration of a US central bank digital currency. In addition, he serves as chairman of the board of Common Securitization Solutions, a joint venture between Fannie Mae and Freddie Mac, and on the advisory board of the Chamber of Digital Commerce. Giancarlo also serves as an independent director of the American Financial Exchange, the sponsor of Ameribor and Ameribor Futures.