BondIT hires Goldman veteran David Curtis to lead global client business

Source: BondIT

BondIT, a market leading provider of next generation asset and wealth management technology, has appointed Dr David Curtis as Partner and Head of Global Client Business.

In this position, Curtis will spearhead BondIT’s client expansion globally to meet the growing demand from asset managers, advisors and asset owners for technology which generates greater speed, increased accuracy and lower cost in asset and risk management.

Curtis joins BondIT after 16 years at Goldman Sachs Asset Management, where he headed the firm’s UK Institutional Business. Prior to this, he was Head of UK Retail at Merrill Lynch Investment Managers (now BlackRock) after several years in Systematic Fixed Income, FX, Derivative and Commodity Trading at Dresdner Kleinwort Benson.

BondIT’s fully integrated portfolio management and research-as-a-service solution enables portfolio managers, advisors and asset owners to automate and optimise fixed-income research, portfolio construction and management. It empowers asset managers to create, analyse and rebalance investment portfolios in real time, leveraging AI and utilising machine learning to accurately anticipate changes in credit risk and find investment opportunities ahead of the market.

Etai Ravid, CEO of BondIT said: “David’s experience and in-depth understanding of the asset management industry will be invaluable as we support our clients’ increasing technology needs with the integration of greater digitisation into their investment processes. David’s appointment adds to our highly skilled technology and client teams in Israel, the US, Germany and Australia, and strengthens BondIT’s capabilities to serve our clients globally.”

David Curtis, Partner and Head of Global Client Business at BondIT, added: “Having worked in asset management and capital markets throughout my career, I see an exponential need for asset managers to innovate, differentiate and find efficiencies to counter the competition and margin pressures that they face. I’m excited to join BondIT at this important time to accelerate technology adoption across an industry that has lagged many others. There is huge potential for growth - the fixed income and credit markets alone represent a $100 trillion+ opportunity and the way in which risk is analysed often relies on fairly inefficient systems. In the UK, a key centre of the $89 trillion asset management industry, we have an incredibly exciting opportunity to develop rapidly over the coming years.”

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