Omgeo, the global standard for post-trade efficiency, today announced that Jeff Kiley has been named its new director of industry relations for the Americas.
In his new role, Mr. Kiley will focus on partnering with the industry to drive increased efficiency and reduced risk for the benefit of market participants, such as the Match-to-Settle initiative currently under discussion within the Securities Industry and Financial Markets Association, or SIFMA. Mr. Kiley's appointment is well timed as he and Omgeo look to support the local market as it considers accelerating settlement cycles for US equities and fixed income from the current T+3.
Mr. Kiley brings to Omgeo more than 25 years of industry experience, most recently as a vice president and managing director in prime services at JPMorgan in New York. In this position, he was responsible for sales and relationship management for broker/dealers, banks and insurance companies. Prior to JPMorgan, Mr. Kiley held senior roles at Bear Stearns, Pershing/Bank of New York and SG Cowen.
"Jeff joins us at a time of momentous change across the financial services landscape," said Marianne Brown, president & CEO at Omgeo. "We look forward to having him join our team, and helping us to usher in the next wave of industry advancement."
"Jeff's experience will be instrumental to Omgeo's success in driving the company's strategy around key industry initiatives that increase automation and lower settlement risk," said Tony Freeman, executive director of industry relations at Omgeo. "With a proven track record of results that span strategy, product, risk and credit, compliance, and technology, Jeff is uniquely positioned to help Omgeo promote meaningful industry change, and is a much welcomed addition to our team."
"Omgeo plays such a critical role in the operational efficiency of the financial markets, and I'm honored for the opportunity to participate," said Mr. Kiley. "I look forward to contributing to key initiatives that will help Omgeo continue to decrease risk and enhance efficiencies for financial market participants globally."