ICAP has appointed Standard Bank chief executive Jenny Knott to head up its post-trade risk and information services companies.
Knott will assume responsibility for Traiana, TriOptima, Reset, Euclid and ICAP Information Services businesses, which have been the market operator’s fastest growing segments over the past couple of years.
Revenues from the post-trade risk and information firms was up 10% for ICAP in the year ended 31 March 2015, while global broking and electronic markets were down 11% and 1% respectively.
Knott joins from African financial services group Standard Bank Group where she began working in December 2007.
Previously she also held positions at Nomura and UBS.
“Jenny is impressive and suitably experienced, having spent her entire career in the global financial markets,” said Michael Spencer, ICAP Group chief executive officer.
“The significant time she has spent in investment banking means she brings a valuable insight, as well as deep knowledge of the changing regulatory landscape and, crucially for ICAP, the opportunities this brings in the pre and post trade space.”