Tradeweb Appoints New Global Head of Compliance
August 23 2021 - 10:00AM
Business Wire
Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator
of electronic marketplaces for rates, credit, equities and money
markets, today announced the appointment of Devi Shanmugham as
Global Head of Compliance, effective August 16, 2021.
Ms. Shanmugham is responsible for continuing to foster
Tradeweb’s culture of compliance and further developing the
company’s relationships with regulators around the world. She
reports to Scott Zucker, Chief Risk and Administrative Officer.
“With a network that includes clients in more than 65 countries
and regulated trading platforms in North America, Europe and Asia,
Tradeweb plays an increasingly important role as global markets
become more electronified,” Mr. Zucker said. “Devi brings with her
a breadth and depth of experience in some of the world’s most
complex financial markets, and we are delighted to have her as part
of the Tradeweb team.”
Ms. Shanmugham joins Tradeweb from Bloomberg LP, where she was
Chief Compliance Officer for Bloomberg Swap Execution Facility
(SEF). Prior to joining Bloomberg in 2015, she was Assistant
General Counsel at GFI Group and Assistant General Counsel at
JPMorgan Chase Bank. Ms. Shanmugham spent the first decade of her
career representing corporate clients for: Harris Beach PLLC;
Schiavetti, Corgan, Soscia, DiEdwards & Nicholson; and Hughes
Hubbard & Reed. She earned a B.S. in cellular and molecular
biology and psychology from Tulane University and a J.D. from Emory
University School of Law.
About Tradeweb Markets
Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator
of electronic marketplaces for rates, credit, equities and money
markets. Founded in 1996, Tradeweb provides access to markets, data
and analytics, electronic trading, straight-through-processing and
reporting for more than 40 products to clients in the
institutional, wholesale and retail markets. Advanced technologies
developed by Tradeweb enhance price discovery, order execution and
trade workflows while allowing for greater scale and helping to
reduce risks in client trading operations. Tradeweb serves
approximately 2,500 clients in more than 65 countries. On average,
Tradeweb facilitated more than $920 billion in notional value
traded per day over the past four quarters. For more information,
please go to www.tradeweb.com.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the federal securities laws. Statements related to,
among other things, our outlook and future performance, the
industry and markets in which we operate, our expectations,
beliefs, plans, strategies, objectives, prospects and assumptions
and future events are forward-looking statements.
We have based these forward-looking statements on our current
expectations, assumptions, estimates and projections. While we
believe these expectations, assumptions, estimates and projections
are reasonable, such forward-looking statements are only
predictions and involve known and unknown risks and uncertainties,
many of which are beyond our control. These and other important
factors, including those discussed under the heading “Risk Factors”
in documents of Tradeweb Markets Inc. on file with or furnished to
the SEC, may cause our actual results, performance or achievements
to differ materially from those expressed or implied by these
forward-looking statements. Given these risks and uncertainties,
you are cautioned not to place undue reliance on such
forward-looking statements. The forward-looking statements
contained in this release are not guarantees of future performance
and our actual results of operations, financial condition or
liquidity, and the development of the industry and markets in which
we operate, may differ materially from the forward-looking
statements contained in this release. In addition, even if our
results of operations, financial condition or liquidity, and events
in the industry and markets in which we operate, are consistent
with the forward-looking statements contained in this release, they
may not be predictive of results or developments in future
periods.
Any forward-looking statement that we make in this release
speaks only as of the date of such statement. Except as required by
law, we do not undertake any obligation to update or revise, or to
publicly announce any update or revision to, any of the
forward-looking statements, whether as a result of new information,
future events or otherwise, after the date of this release.
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version on businesswire.com: https://www.businesswire.com/news/home/20210823005405/en/
Media contact Daniel Noonan, Tradeweb +1 646 767 4677
daniel.noonan@tradeweb.com Investor contact Ashley Serrao,
Tradeweb +1 646 430 6027 ashley.serrao@tradeweb.com
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