SmartStream further expands its collateral management team with the hire of Nick Dominy
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider today announces the appointment of Nick Dominy as new Business Development Director for the TLM Collateral Management solution. In this role he will look to introduce the solution to prospective partners and clients – highlighting the importance of a comprehensive, automated data management solution, which lowers operational risks for collateral management programmes.
Nick has over 25 years of experience in financial technology and banking. Prior to working at SmartStream he was at FIS for six years in sales, responsible for collateral, securities and derivatives processing solutions. Previous to this Nick worked at Torstone Technology where he sold back-office solutions to the sell-side. Before this, Nick held various collateral management roles within the industry with companies including Citibank and Omgeo.
Nick Dominy, New Business Director – TLM Collateral Management, SmartStream, states: “Recently SmartStream has invested heavily in their collateral management solution. I am looking forward to rolling out the latest version, helping clients address industry regulatory issues and making better use of their collateral inventory – which is a particularly important first step towards realising the effectiveness and modernisation for greater efficiency gains. Integration to the rest of SmartStream’s ecosystem is also key and we will be offering a unique solution in the collateral marketplace – this together with strategic partnerships will give clients greater control over their post-trade operations”.
Nick will report to Jason Ang, Program Manager – TLM Collateral Management, SmartStream, who states: “Hiring Nick further emphasises our determination to manage the continuous growth and interest in TLM Collateral Management. Our product has been developed year-on-year, and my goal is to have a highly experienced team wherever and whenever needed in-order-to service our clients with the best solution and advice”.