Nivaura Announces New Capital Markets Hire as Business Expands
LONDON, 7 October 2019 – Nivaura, a regulated fintech company focused on primary market digitization and automation, announced a new capital markets hire as its business continues to expand.
Chris Jones joins the company, focusing on market structure and product strategy. He will be working closely with the product development and commercial strategy teams at Nivaura, ensuring the company’s products fully meets the needs of its clients.
“We’re thrilled to have Chris work with us,” said Avtar Sehra, CEO of Nivaura. “Chris has a deep understanding of capital markets execution, and in recent years has also been involved in a number of proprietary and third-party capital markets technology initiatives. He will be a great addition to the team.”
Prior to joining Nivaura, Chris was Managing Director and Global Head of Local Currency Syndicate at HSBC for 15 years, working on a wide spectrum of international fixed income capital raising transactions. Before HSBC, Chris worked in a similar role at Deutsche Bank.
“There is a significant opportunity to help the capital markets become more digital,” said Jones. “The Nivaura team have made some great progress in this area by collaborating with the market incumbents, and I hope my experience and relationships will help enhance those efforts”.
Nivaura builds technology solutions that digitize and automate key processes in capital markets. Its modular and customizable products combine innovation with legal and regulatory rigour to deliver primary market service utilities.
Founded in 2016, Nivaura has participated in all five FCA regulatory sandboxes, gaining its MiFID and CASS approvals. In 2019 Nivaura closed a $20m strategic investment round, with investors including London Stock Exchange Group, Allen & Overy, Linklaters, Orrick, Santander InnoVentures, Aegon Asset Management, Middlegame Ventures and Digital Currency Group.
Nivaura’s flagship platform, Aurora, can be used by banks, issuers and law firms to create and execute legal documents relating to new issues, and to efficiently disseminate relevant data to paying agents, securities depositories and custodians. The platform is designed so that securities can be settled using traditional infrastructure or distributed ledger technology.