TransFICC Expands to New York

Fixed income and derivatives connectivity provider TransFICC has announced the opening of a New York office to be staffed by three recent hires, Sean Murphy, Bo-Yun Liu and Khagay Nagdimov.

Murphy is leading the business as senior sales executive. He joins from a period of consulting since he left BrokerTec in 2018. He was part of the management team that brought BrokerTec from being a concept to being a major player platform in the US Treasury marketplace, culminating in the sale to CME Group in 2018. At BrokerTec his mandate included leading a global sales team of 20 people.

Liu has been named as pre-sales engineer to lead client architecture solutioning globally. He joins from a year at Luma Financial Technologies in New York, where he was seniortechnical product manager. Prior to this he spent just over a year at Bloomberg as a product manager for the firm;s BVAL product, before which he spent almost seven years at Scotia Bank in New York, the last three in US Rates trading. As a pre-sales engineer, Luiu engages with TransFICC clients in product architecture, tech strategy and market structure to define product fit and roadmap.

Nagdimov, meanwhile, has also joined as pre-sales engineer. He comes from a software engineering background, having started his career at TD Securities building software for fixed income teams. He then moved to FinTech start-up DV01 rising to be a technology lead building out APIs, microservices, ETL pipelines, and managing a team of developers for analytics on asset backed securities.

“With six North American clients and a presence in the New York and Chicago data centres, it is important for TransFICC to have a US office,” explains Steve Toland, co-founder of TransFICC. “Sean, Bo-Yun and Khagay will all bring extensive experience and senior industry relationships, which will help TransFICC to engage with new clients in the Americas.”