Boat Services, a provider of solutions enabling MTFs, SIs and investment firms to comply with transparency obligations, has appointed Carl Nilsen, the former Head of Equities at Oslo Bors, as Director of Sales.
Nilsen’s appointment follows the former Liquidnet Head of International Corporate Strategy, as reported by Finance Magnates earlier this month. It is the outcome of the business gaining increased momentum with more clients continuously committing to the Pan-European MiFID II multi-asset trade reporting service TRADEcho.
TRADEcho is a partnership between the London Stock Exchange and Boat, together managing a substantial share of firms’ current MiFID trade reporting. The service will help firms efficiently comply with their pre- and post-trade transparency obligations under MiFID II.
At the his role at Oslo Bors Nilsen oversaw sales and marketing for the exchange’s equities business. At Boat he will focus on developing and managing the firm’s growing customer base for TRADEcho, focusing on the Northern European client base.
Carl’s past experience and relationships will be invaluable in developing the success of TRADEcho.
Commenting on Nilsen’s appointment, Jamie Khurshid, CEO of Boat Services, said: “With over 40 customers already committed to TRADEcho, and following our recent success in partnering with the LBMA for greater transparency in the precious metals market, I am excited to have Carl join Boat’s rapidly growing team.”
“Carl’s in depth knowledge and extensive network across Europe will further add to what is already a very experienced and knowledgeable sales team that are handling huge demand”, added Veronica Augustsson, CEO of Cinnober, which acquired Boat in 2014.
As well as Liquidnet’s Per Lovén, Boat’s regtech business has attracted a number of hires in the past 6 months, including Goldman Sachs Executive Director Ben Duckworth, UBS Associate Director Chris Machin and Fidessa Senior Analyst Tina Colville.