London based Fintech company Nivaura is welcoming Chris Jones, former Managing Director and Global Head of Local Currency Syndicate at HSBC (NYSE: HSBC), to head its structure and product strategy. This became necessary as the company is expanding its business, a press release says.
Jones had worked at HSBC for 15 years and has rich experience in international fixed income capital raising transactions after working at one of Germany’s top banks, Deutsche Bank (NYSE: DB).
“We’re thrilled to have Chris work with us. Chris has a deep understanding of capital markets execution, and in recent years has also been involved in a number of proprietary and third-party capital markets technology initiatives. He will be a great addition to the team.”
Digitizing And Automating Capital Market Processes
Since it was founded in 2016, Nivaura became a certified, fully licensed, and regulated company. Its focus is on building technology that helps to digitize and automate the processes in capital markets through modular and customizable products. Speaking on the digitization of the capital market, Chris Jones, who is joining the company, said:
“There is a significant opportunity to help the capital markets become more digital. The Nivaura team have made some great progress in this area by collaborating with the market incumbents, and I hope my experience and relationships will help enhance those efforts”.
Working With Banks And Law Firms
Nivaura also enables banks, issuers, and law firms to create and execute legal documents relating to new issues and distribute data efficiently through its flagship platform, Aurora. It also allows securities to be settled between parties using both traditional infrastructure and Distributed Ledger Technology (DLT or blockchain), which is becoming widely accepted.
After 3 years of existence, Nivaura recently closed a $20m strategic investment round with a number of major investors including London Stock Exchange Group, Allen & Overy, Linklaters, Orrick, Santander InnoVentures, Aegon Asset Management, Middlegame Ventures and Digital Currency Group.