Cross-cutting:
ICMA FinTech Advisory Committee (FinAC)
In light of the pace of technological change, the ICMA Board decided in 2019 to expand the remit of the Board Sub-Group on Technology, tap into the expertise of ICMA’s broad membership, and provide guidance on ICMA’s work through the creation of the FinTech Advisory Committee (FinAC).
In line with ICMA’s mission statement to promote resilient and well-functioning international debt capital markets, the purpose of the ICMA FinTech Advisory Committee is to:
- Provide guidance on ICMA’s engagement on FinTech.
- Provide transparent advice with the aim to promote straight-through-processing (STP), common and open standards for data and lifecycle events and machine-readability across primary, secondary, repo and collateral markets.
- Foster the dialogue with industry stakeholders and regulators on regulatory as well as legislative FinTech developments impacting international capital markets.
Alongside ICMA’s commitment to green, social and sustainability markets, the ICMA FinTech Advisory Committee will work to ensure engagement and advice is applicable to and supportive of the move towards more sustainable financial markets.
The ICMA FinTech Advisory Committee is currently co-chaired by Emma Lovett, Executive Director for the Markets DLT team at J.P. Morgan, with areas of expertise in the lifecycle and operational components of new issuances including Technology, Regulation, Legal and Compliance, internal procedures and settlement of bonds on both the Issuer and Investor side, and Justin Chan, who leads legal and regulatory strategy for BlackRock’s fintech initiatives, including AI, blockchain, digital cash and trading and data partnerships. Gabriel Callsen (ICMA) is Secretary of the Committee.
Current composition of the ICMA FinTech Advisory Committee:
| Company | Name | Area of expertise / Involvement in ICMA committees |
| Allen Overy Shearman Sterling LLP | Shruti Ajitsaria, Partner, Head of Fuse (Alternate: Eleanor Ley) |
Legal |
| AXA Investment Managers GS Limited | Stéphane Janin, Head of Global Regulatory Development (Alternate: Yannig Loyer, Global Head of Trading) |
Co-chair of ICMA AMIC Committee |
| Barclays Bank PLC | Lee Braine, Managing Director, Chief Technology Office | Technology |
| BlackRock Investment Management (UK) Limited | Justin Chan, Managing Director | Co-chair of the ICMA FinTech Advisory Committee (FinAC) |
| Jennie White, Vice President, Capital Markets | ||
| Commerzbank AG | Andreas Biewald, Managing Director, Treasury / Funding | ICMA European Repo and Collateral Council (ERCC) |
| European Stability Mechanism (ESM) | Denver Chaplin, Funding and Investor Relations Officer (Alternate: Ivan Semerdjiev) |
|
| ICMA Centre, University of Reading | Richard Comotto, Senior Visiting Fellow & Senior Consultant | ICMA European Repo and Collateral Council (ERCC) |
| ING Bank N.V. | Stéphane Malrait, Head of Market Structure and Innovation, Financial Markets | ICMA Board, ICMA Secondary Markets Committee (SMPC) |
| JP Morgan | Emma Lovett, Executive Director | Co-chair of the ICMA FinTech Advisory Committee (FinAC) |
| Scott Lucas, Managing Director, Head of Markets DLT | Technology | |
| King & Wood Mallesons | Scott Farrell, Partner | Legal |
| LCH Ltd, LSE Group Post Trade | Richard Turrell, Director, Head of Repos & Collateral Market Infrastructure | ICMA European Repo and Collateral Council (ERCC) Operations Group |
| Linklaters LLP | Michael Voisin, Partner | Legal |
| MarketAxess Europe Limited | Geoffroy Vander Linden, MarketAxess and Trax Netherlands | ICMA Market Infrastructure Advisory Group (MIAG) |
| MUFG Securities EMEA plc | Fabianna del Canto, Managing Director, Co-Head of EMEA Capital Markets | ICMA Board |
| Santander | Alejandro Martin Parilla, Fixed Income e-Commerce (Observer) | ICMA Future Leaders Committee, ICMA Future Leaders FinTech Working Group, ICMA Regional Committee Iberia |
| UBS AG | Gareth Allen, Managing Director, Global Head of Treasury Assets, Group Treasury | ICMA Board, Chair of ICMA European Repo and Collateral (ERCC) Committee |
| Union Investment Privatfonds GmbH | Christoph Hock, Head of Multi-Asset Trading | ICMA Electronic Trading Council (ETC) |
