Meet the team
Meet the team
Laurent-Olivier (Leo) Labeis
Co-Founder and CEO
With 15 years’ experience in delivering innovative solutions to securities trading businesses, Leo’s core expertise is in the transformational impact of technology and regulation across the financial sector.
Leo was the Global Markets head of MiFID II implementation at Goldman Sachs. Earlier in his career he built the Trading Strats team for EMEA Emerging Markets and designed the modelling of wrong-way risk, liquidity and regulatory capital, later deployed across other Global Markets businesses. Then appointed head of Macro CVA Trading Strats and Global head of FX Trading Strats, he moved regulatory capital and liquidity from a back-office Treasury function to front-office workflows. The framework allowed the firm to dynamically manage its financial resources’ footprint and to position strategically for regulatory-driven market structure changes. Leo joined Goldman Sachs in 2003 and was named Managing Director in 2010.
Leo graduated from Ecole Polytechnique in 2001 and holds two MSc. from Ponts & Chaussées and UPMC Paris VI with majors in Applied Mathematics and Electrical Engineering.
Co-Founder and COO
Pierre is an industry leader with 20 years’ track-record delivering cross-asset solutions for the standardisation of data and process and the electronic representation of financial instruments.
As senior member of Goldman Sachs’ Technology division, he co-developed the ISDA FpML standard for OTC derivatives and chaired the FpML Standards Committee. He led Goldman Sachs’ initial technology response to Dodd-Frank obligations and advised the CFTC as member of its Subcommittee on Data Standardization and subsequently of its Technology Advisory Committee. As the ISO working group lead for Rates products, he drove the framing of an ISIN solution for OTC Derivatives in response to MiFID II. Earlier in his career Pierre delivered a cohesive trade processing platform for OTC derivatives and an architecture upgrade to the firm’s books & records. Pierre joined Goldman Sachs in 1997 and was named Managing Director in 2012.
Pierre graduated and holds a PhD in International Economics from Sciences Po Paris.
Head of Technology and Operations of CLS
CLS enhances financial stability through the mitigation of FX settlement risk globally, playing a fundamental role in the FX market.
Tom Zschach joined CLS in September 2014. He has extensive experience in delivering technology and business performance improvements in investment banking and clearing house technology businesses.
Before joining CLS, Tom was CIO at LCH.Clearnet where he led the technology function through a major business transformation program. Prior to this, he served as Managing Director and Global Head of Rate & Currencies Technology at Bank of America Merrill Lynch supporting the Markets businesses. He has also held various senior technology roles at Barclays Capital and Credit Suisse First Boston.
Tom studied computer science and finance at California State University, Sacramento and holds a MBA from Trium, an alliance between New York University Stern School of Business, London School of Economics and Political Science and HEC School of Management Paris.
Patrick de Nonneville
Chief Operating Officer of Lendix
Lendix is a leading European online marketplace for business loans, enabling investors to lend money directly to small and medium sized enterprises.
As a Partner at Goldman Sachs in London (2007 to 2014), Patrick was co-head of the European rates business and member of the Global Operating Committee for Rates.
He began his career at JPMorgan in Paris and London (1997-2003) as a “market-maker” on Treasuries, before joining Deutsche Bank (2003-2007) where he led the complex products trading activities and Inflation products.
Patrick is a graduate of Ecole Polytechnique.
News and Publications
In Phase 1 of Project Ellipse the BIS Innovation Hub partnered with the Monetary Authority of Singapore (MAS), the Bank of England (BoE) and the International Swaps and Derivatives Association (ISDA) to explore the concept of cross-border digital regulatory reporting, using a machine executable data model.read more
The Financial Conduct Authority (FCA) CEO Nikhil Rathi gives an update on their progress on data and digital ambitions, and the Digital Regulatory Reporting (DRR) initiative. Ledger Insights reports that the FCA blockchain regulatory reporting initiative is making progress.read more
Fragmos Chain, the OTC derivative workflow platform built on R3’s Corda Enterprise technology, has developed in conjunction with industry body ISDA and REGnosys, a Kotlin-native version of ISDA’s Common Domain Model (CDM).read more
The International Securities Lending Association (ISLA), a leading industry trade association representing the common interests of securities lending and financing market participants across EMEA, is delighted to announce the completion of the second phase of the association-led development of the Common Domain Model (CDM) for securities lending products.read more
The International Securities Lending Association (ISLA), a leading industry trade association representing the common interests of securities lending and financing market participants across EMEA, is delighted to announce the contribution of the code produced during the Securities Lending CDM Pilot, completed in 2020 in conjunction with REGnosys, to the core CDM codebase.read more
Rachel Wolcott takes the chair to talk to Dawd Haque, Deutsche Bank, PJ Di Giammarino, JWG and Leo Labeis, REGnosys about the industry’s ground-breaking collaborative effort to get derivatives trade reporting right.read more