Former Aviva Investors head of structured products and business management, Jez Bezant, has joined the recently launched RFQ-hub, the new derivatives request-for-quote platform, as partner.
Dr Jeremy Bezant, who was previously head of structured products and business management for Aviva Investors (Morley Fund Management), has joined RFQ-hub as partner. RFQ-hub was founded earlier this year by David Sagnier, an ex-JP Morgan Managing Director. The derivatives request-for-quote electronic trading platform for listed and OTC equity derivatives allows fund managers and their banks to automate their equity derivatives price discovery, dealing and processing.
Dr. Bezant said "Having spent time on the buyside trading derivatives I felt that decision support and trading areas, particularly in equities, were poorly served by technology. The highly manual and time consuming process to send and receive quotes challenges the dealer’s ability to get tradable competing quotes. Consequently the audit trail is likely to be poor and the chance of operational errors high. RFQ-hub addresses these issues and presents a great opportunity to develop an industry standard, and not just in equity derivatives."
David Sagnier, RFQ-hub’s founder and CEO, speaking from his Paris head office, said “Jez brings a wealth of experience in derivatives from the buy-side. Our business sits between the buy and sell-sides and needs to meet the needs of both. Jez’s skills and experience ideally compliment that of our team."
Dr. Bezant will be based in London and will report to David Sagnier. He will be responsible for developing the business in the UK and Europe.