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ON THE MOVE / 07-07-17
Traydstream, a new trade finance fintech company, has brought in three senior staff members to lead its technology, product development and agent relations teams.
Ray Sherry has joined as chief technology officer (CTO), overseeing the IT architecture and digital solutions for the company’s operations across Europe, Asia and Africa.
Sherry has more than 32 years of experience working in technology teams within various industries. Among others, he has held senior technology roles at Barclays and Catella Bank, and specialises in early stage business development, strategy and growth.
Matteo Bocchi Bianchi is the company’s new chief knowledge officer (CKO). He is a financial engineer with over 12 years’ experience within corporate banking and strategy consultancy in emerging technologies. He has previously worked in Citi’s trade finance team and specialises in business development, implementation and transaction protocol.
In his new role, Bocchi Bianchi leads Traydstream’s digital strategy, with a particular focus on regtech. He is also responsible for new partnerships, mainly looking at areas such as big data, logistics, mobile, AI and blockchain.
Lastly, Sante Zampini has joined Traydstream as head of agent relations. He has over 30 years of experience in corporate banking in the US and Italy, including at Citi, with a focus on relationship management and sales. At Traydstream, Zampini oversees the roll-out of a network of high-level agents operating across the globe, originating deals with banks and large corporations.
Based in London, Traydstream is a new fintech player which has recently launched a solution that digitalises trade documents and automates regulatory compliance screening using artificial intelligence. The company has to date spent US$1.2mn building the platform, self-funded by 15 shareholders, and is about to internally raise another round of funding in order to deliver pilot tests of the software with three banks and a large corporate. The first pilots are scheduled over Q2/3.