Nick brings with him over 25 years’ experience in the financial services sector having held senior roles at Barclays PLC and Nomura International PLC across product, cash and intraday liquidity management and collateral management.

Prior to joining Planixs, Nick held the positions of Head of EMEA Inventory Management and EMEA Head of Cash and Intraday Liquidity Management at Nomura International PLC. In these roles, Nick was responsible for managing the full trade lifecycle, optimising collateral and intraday credit usage, managing the funding of the firm’s Depots and Nostro accounts (cash and securities) in real time and working with Treasury to ensure intraday buffers were sufficient and appropriate monitoring was in place.

In addition, whilst at Nomura, Nick was a key individual in the development and implementation of the firm’s intraday liquidity reporting dashboard and payment control function.

Before this, Nick spent seven years at Barclays PLC, undertaking the roles of EMEA Head of Intraday Liquidity Management and FI Product Management (Treasury Solutions). As Head of Intraday Liquidity Management, Nick was accountable for calculating real-time liquidity positions to manage the firm’s cash position at central banks, whilst managing minimum reserve requirements and monitoring liquidity requirements. Nick was an early adopter of the Planixs Realiti solution suite at Barclays where Nick was a customer.

Nick’s role at Planixs will see him use his vast experience and knowledge to work with Planixs’ Sales, Customer and Product teams to help lead customer implementations and build out their Collateral proposition. Having spent most of his career in the banking and liquidity space, Nick is well-versed in the needs of Planixs’ target customers and how to deliver success across all functions including Collateral. Nick’s role will also see him provide support to Planixs’ Sales and Pre-Sales teams to further understand client and prospect collateral requirements.

Planixs has experienced significant growth over the last 12-18 months, from securing an initial £3.5 million strategic investment from private equity firm BGF to adding to its product portfolio with Realiti Essentials (the company’s out-of-the-box treasury software for smaller banking firms) and to adding new customers in the UK, Europe, North America, whilst covering the operations of several large banking firms in the Asia/Pacific region. Collateral management is just one of Planixs’ growth areas for 2020 and having Nick on board will help the company meet its objectives.

Neville Roberts, Planixs’ CEO, comments: “Collateral is a major focus for Planixs in 2020. We have already seen great success with our existing cash and liquidity management and optimisation capabilities and having Nick on board will allow us to accelerate the ongoing development of our Collateral module and engage early customer adopters. Nick will also be a great addition to the Planixs Customer Leadership Team, helping customers implement and gain value from our market leading solution suite. We look forward to Nick joining and working with him at this exciting time.”

Nick Applebee comments: “I am really excited to join Planixs and contribute towards the growth of its Collateral capability and join the Customer Leadership Team. Planixs has the leading capability in the cash, collateral and liquidity management space today and I am thrilled to be joining such a talented team.”