Howard Joins OSL

Digital asset and software-as-a-service provider OSL has named former RBS head of prime services, Jeff Howard, as head of North America business development and institutional sales.

Howard was global head of prime services at RBS from 2012-14, having joined the bank from Merrill Lynch, where he worked for 15 years, most latterly as Americas head of futures and options. Since leaving RBS, Howard founded a cannabis venture capital firm Salveo Capital.

In conjunction with the hire, OSL has acquired a Money Services Business (MSB) registration from the United States Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). The MSB registration is required to offer a compliant digital asset business to clients in the US.

“Coming from a long career in traditional regulated financial markets, OSL clearly stood out to me as a forward-thinking global leader in digital asset prime brokerage, custody and exchange SaaS,” says Howard. “It’s commitment to regulatory compliance and security is a key differentiator and an important element of its success to date.”