Post-trade solutions provider OSTTRA has announced the appointment of London based executive Keith Tippell as Head of FX.

In this role, Keith will lead the OSTTRA foreign exchange (FX) business, driving the strategy and development of its services for the FX community. OSTTRA, acquired late last year by KKR, plays an important role in the post-trade processing of global FX flows, including trade confirmation, reconciliation and optimisation for both bilateral and prime-brokered markets. This high-profile appointment marks another step in OSTTRA’s growth strategy, following its acquisition by private equity firm KKR in October last year and subsequent investment from a consortium of global banks.

Keith Tippell brings more than two decades of leadership experience in capital markets and fintech, with a proven track record in post-trade services for OTC derivatives and FX. He returns to the business after previously serving as Head of FX for MarkitServ, one of the founding businesses that combined to form OSTTRA in 2021. Most recently, Keith served as Chief Product Officer at CLS Group, and has also held the role of Head of FX and Securities Markets for SWIFT.

Susan Schulte, Chief Product Officer, OSTTRA said,

“We are thrilled to welcome Keith to the OSTTRA product leadership team. Keith is a highly respected industry leader whose deep understanding of the FX and OTC derivatives landscapes will be invaluable as we continue to integrate and scale our services. His proven track record of innovation and collaboration across the industry aligns perfectly with our ambition to connect counterparties, streamline complex workflows and turn shared infrastructure into shared benefit for our global clients.”

Keith Tippell, incoming Head of FX, OSTTRA said,

“I am delighted to join OSTTRA at such a pivotal moment. Having spent over twenty years focused on post-trade, I know firsthand the critical role OSTTRA plays in the global FX markets. It is also an exciting personal milestone to return to the foundations built during my time at Markit. I look forward to working closely with the team, our clients and the wider industry to drive the next wave of post-trade transformation and efficiency.”

About OSTTRA

OSTTRA provides post-trade infrastructure to global financial markets. Launched in 2021 through the combination of four businesses that have been at the heart of post-trade innovation for more than 20 years (MarkitServ, Traiana, TriOptima and Reset), the OSTTRA network connects thousands of market participants to process millions of trades each day, streamlining end-to-end workflows – from trade capture and confirmation, through portfolio optimisation, to clearing and settlement.