Bringing you live news and features since 2006 

Handshake 2

Asset Match appoints Iain Saville as non-executive director


Asset Match, the electronic platform for trading shares in private companies, has appointed Iain Saville CBE as non-executive director to the board.

Saville spent over 20 years working at the Bank of England where he ran the foreign currency reserves, managing USD40bn of foreign reserves in bond and money market derivatives worldwide.

He founded, designed and oversaw the build of the CREST (the Central Securities Depository) stock settlement system which was sold to EuroClear.

Subsequently he was the main board director for the EMEA of Computershare, and spearheaded market reform at Lloyd’s of London before spending five years as adviser and consultant to the European Central Bank.

Currently Saville chairs the Risk Committee of EuroCCP and of a division of Bank of America, and is a director of the newly-established BNY Mellon CSD.
Saville says: “I have always sought to understand and predict the financial economy. I am delighted to take this new role in a company which I believe offers essential change in the financial structure to support greater economic efficiency in the UK economy. There is a growing need to focus on private companies and the trapped equity that exists but that has not yet been identified. I hope to assist Asset Match in unlocking this liquidity”.

The Isles of Scilly Steamship Company is the latest admission to the Asset Match platform. The first auction in the company’s shares will take place on 25 January 2013 and thereafter auctions will be held on the last Friday of every month.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by