Keith Tippell has joined CLS, where he is responsible for overseeing the firm’s existing products and in all new product development for Settlement and Processing.

Keith joins CLS from Droit Financial Technologies, where he worked as Head of Business Development for Europe and Asia Pacific. Previously, Keith held numerous product management and business development roles, including with SWIFT and Markit. At Markit, he was a Managing Director within its trade processing division and was responsible for establishing MarkitSERV FX.

“Keith…has extensive product management and business development experience and a proven track record of delivering complex industry solutions,” said Alan Marquard, Chief Business Development Officer, CLS. “His appointment supports our growth strategy as we continue to expand the CLS offering globally.”

“Recent market developments further highlight the importance of the safe and efficient daily operation of the FX market,” said Keith Tippell, Head of Product, CLS. “I look forward to partnering with the industry to evolve existing CLS services to further mitigate risk and to establish new services where core CLS competencies can be leveraged for the broader benefit of the market.”