PrimeXM CEO Cristian Vlasceanu Leaves After Organizational Restructuring, Founder Clive Diethelm Steps in

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.

PrimeXM CEO Cristian Vlasceanu Leaves After Organizational Restructuring, Founder Clive Diethelm Steps in

January 8, 2019

restructuringPrimeXM, the pioneer in technology solutions for the finance industry is going through a restructuring process of its business operations and had made some major changes to personnel.

The company has relieved its current CEO Cristian Vlasceanu from his role in December and PrimeXM’s founder, Clive Diethelm, has stepped in to take his place. While speaking to FinanceMagnates, Diethelm said:

“We’d like to thank Cristian for his time with us and wish him the best for the future. Looking forward, we have built up a strong base of operations in Cyprus and are making a lot of headway in China.”

Cristian Vlasceanu was appointed as CEO in February 2016, and under him, the company has expanded tremendously into China and has set up offices in Shanghai and also has an office in Shenzhen. The company is also increasing support staff for its Chinese clients.

In 2018, the company moved its headquarters to a new office in Cyprus and centralised its development team there. Alongside, PrimeXM also managed to secure two important audits the ISAE 3000 third-party assurance standard and the Penetration and Vulnerability Assessment for protection against security attacks which will be done by PwC.

George Swann, Head of Global Infrastructure at PrimeXM spoke to FinanceMagnates on the issue:

“At PrimeXM, we have always maintained the highest security throughout our operations. Hiring PwC was a further means for us to give independent assurance on our processes and controls to our customers, auditors and regulators. Just like the ISO 27001, the ISAE3000 is proof of the high quality of our services.”

Cboe Global Markets Promotes Chris Isaacson and Eric Crampton in Senior Management Team

restructuringCboe Global Markets has announced the appointment of Chris Isaacson, existing Executive Vice President and Chief Information Officer as Executive Vice President and Chief Operating Officer. Chris Isaacson takes over the chief operating role from Chris Concannon and will report to Chairman and Chief Executive Officer Ed Tilly.

The company has also promoted Eric Crampton, Senior Vice President and Global Head of Software Engineering as Senior Vice President and Chief Technology Officer. Crampton will directly report to Chris Isaacson. Both the appointments will be effective from January 14th.

Ed Tilly commented on the moves:

The role of COO is a natural progression for Chris Isaacson, given his track record of success with the company and the importance we place on leading-edge technology and relentless execution. He is widely regarded as one of the top technology and operations professionals in the industry and is uniquely qualified to lead our daily operations during this next phase of our growth.

Eric Crampton is a world-class financial technology professional who has been instrumental in the integration of Cboe and Bats. Working alongside Chris, he and his team are successfully executing our technology integration, creating a common world-class trading platform across our equities, options and futures exchanges, which when completed, will be a game-changer for Cboe and its customers. On behalf of everyone at Cboe, we congratulate Chris and Eric on their promotions and know that they will continue to deliver value to our colleagues, customers, and shareholders.

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