Former Lloyds exec David Humphries joins First Derivatives as COO
Financial data analytics company First Derivatives (FD) has announced that it has appointed David Humphries as the company’s new Chief Operating Officer (COO), reporting directly to Seamus Keating, First Derivatives’ Chief Executive Officer.
Humphries will have global responsibility for First Derivatives’ operations including its business systems, methodologies, processes and controls. In this role, he will drive the company’s operational efficiency and effectiveness aligned to its strategy and in support of First Derivatives’ strong growth goals.
The move comes as FD recently reported a 9% rise in Revenue, and launched a new global partnership agreement with India’s Tata.
“We are excited to welcome David to the First Derivatives leadership team as our global COO,” said Seamus Keating, First Derivatives’ CEO. “David has a wealth of experience in technology and services companies where he has developed and operationalized growth strategies while delivering efficiency and effectiveness.”
David Humphries has worked for more than thirty years across the professional services, software and financial services markets in a series of financial, operational and M&A leadership roles. Prior to joining First Derivatives, David was the finance director of Group Transformation for the Lloyds Banking Group, working at Lloyds from 2012 to 2019. Before that, David held a number of senior finance and operational roles across software and professional services at Logica plc and at Axiom Systems Limited. David started his career at Deloitte in London where he worked for ten years in their corporate finance and insolvency practices.
“It’s an exciting time to join First Derivatives,” said David Humphries. “FD has a strong services and consulting heritage in the financial markets where it supports the trading, analytics and surveillance operations for the world’s leading banks. This has enabled FD to expand Kx software into other industry sectors such as automotive, high-tech manufacturing, telco and oil and gas. There is enormous growth potential as we further operationalize our strategy focused on helping businesses change the game with actionable data insights.”