23 August 2017
visit www.avoka.com

SETL appoints cyber-secruity expert Martin Clements to its board

10 November 2016  |  3257 views  |  0 Source: SETL

SETL, the London based financial blockchain specialist, has appointed national security expert Martin Clements CMG OBE to its board.

SETL was launched in July 2015 to deploy a multi-asset, multi-currency institutional payment and settlements infrastructure based on blockchain technology. The SETL system will enable market participants to move cash and assets directly between each other, facilitating the immediate and final settlement of market transactions.

Martin Clements joins the SETL board having recently retired from his role as Director General responsible for Technology and Transformation at the UK Foreign and Commonwealth Office. This followed a career focused on national security issues and capabilities, serving in the Middle East, South Asia and Europe. For the last decade, Martin was Senior Information Risk Owner, in charge of managing technical risk and other vulnerabilities to strategic information systems in the most testing of circumstances. He has extensive experience in transforming of some of the UK's most sensitive technical systems and securing them against cyber and insider threats.

Peter Randall, SETL’s CEO, said: “We are in no doubt as to the importance of system resilience and cyber security in the payments and settlements world and the appointment of Martin is an indication that SETL will deal with these matters at board level. We are extremely pleased to welcome Martin to our board and expect to benefit from his very long and deep experience in security and the management of strategic information systems.”

Sir David Walker, Chairman of SETL and former Chairman of Barclays Bank, commented: “In building a team which can credibly offer innovation in payments and settlements, it is important to establish a culture of diligence and awareness of cyber security from the start. Martin’s career in government has been about implementing that at the highest level. We are thrilled to have him on our board and believe that it further strengthens our ability to deliver innovative and robust blockchain solutions to the market.”

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.vasco.comdownload the paper now

Top topics

Most viewed Most shared
Rabobank constructs physical model to understand IT architectureRabobank constructs physical model to unde...
16854 views comments | 40 tweets | 77 linkedin
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
13118 views comments | 28 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11758 views comments | 22 tweets | 34 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
10968 views comments | 21 tweets | 35 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10862 views comments | 10 tweets | 8 linkedin

Featured job

Find your next job