Invast Global recruits Stephen Tudjman as head compliance

Sydney-based prime-of-prime provider Invast Global has hired compliance veteran Stephen Tudjman as its newest global head of legal and compliance.

Tudjman is a seasoned financial services industry professional with over 30 years’ experience cutting across brokerage and legal services. He has strong networks with international and local corporates, financial institutions, regulators and peers in the sector.

Stephen commented, “I’m thrilled about the opportunity to join Invast Global and to work alongside a passionate and experienced team in an award-winning business that focuses on providing innovative client offerings.”

Gavin White, CEO of Invast Global added: “Stephen’s wealth of experience, including over two decades at Ashurst, one of the most respected financial services legal and compliance firms in the region, is invaluable. We are delighted he has joined our business as we continue to expand rapidly. Stephen will play a crucial role in this growth and is responsible for running our global Legal and Compliance Team. Over the last decade we have maintained a strong emphasis on best practice and transparency. Stephen’s hire confirms our commitment to upholding these values.”

Most recently, Tudjman spent 18 months at AUSIEX, which is backed by a multinational trading technology powerhouse. There he was head of legal and governance for the company’s operations across equities execution, clearing & settlement services, and equities administration for financial intermediaries.

Tudjman also held senior roles in key Australian financial institutions, including General Counsel, MLC & NAB Wealth and Senior Legal Counsel for AMP. His most recent role prior to joining AUSIEX was as a consultant for Ashurst where he advised a range of financial services institutions on regulatory compliance and the management of dealings with regulators.

For 10 years (2001 to 2011), Tudjman was director and president of Triathlon NSW, for which he was conferred with life membership of Triathlon NSW in 2019.

Invast Global has been ramping up hiring to capture more market share in a booming PoP environment. Traditionally, only the largest funds and institutions have been able to get access to the benefits provided by the non-bank market makers. This is because access has relied on the client having a tier one prime broker relationship.

The new hires also follow growing global demand for Invast’s PurePrime facility. Tailored for institutional clients, brokerages, hedge funds and sophisticated traders, PurePrime offers optimised FX and CFD liquidity via multiple trading GUIs or API, backed by tier one prime brokers.