TM Advisory Services announces the appointment of Chris Prior-Willeard and his team from Bank of New York Mellon (BNYM). Chris was previously the CEO of the CSD set up by BNYM. As BNYM has placed that operation on hold, TM Advisory Services is delighted to offer Chris and his team the opportunity to continue to explore further the opportunities in the post-trade landscape on which TM Advisory Services particularly focuses.
Tim Reucroft of TM Advisory Services says, "we are excited to have Chris and his team on board. With the advent of T2S and CSDR, the dynamics of the CSD industry are changing rapidly. This creates opportunities which we believe that TM Advisory Services - as an independent provider - can seize to offer the market a new paradigm that challenges the historical alignments by providing a pan-European solution that captures both favourable cost benefits as well as meeting the new regulatory requirements."
The team consists of:
Chris says, "we are delighted to have the opportunity of continuing to work in the Financial Market Infrastructure sector during this very dynamic period. TM Advisory Services is ideally positioned both as a trusted advisor and with many active relationships at all levels of the industry."
The team started on 1 July 2015.