Invast Global promotes Riana Chaili to head EMEA business

abdelaziz Fathi

Sydney-based prime-of-prime provider Invast Global has once again made a key appointment to its executive personnel group, this time promoting Riana Chaili to head its EMEA business.

Riana had initially joined the Aussie broker back in July 2021 as Managing Director of Cyprus. In her new role as Chief Executive Officer of EMEA, she will remain based out of Invast Global’s office in Limassol.

Ms. Chaili had been a mainstay at IC Markets since 2017, when she originally joined the group as its head of RTO, a position he had served in for almost three years.

Finance Feeds had the opportunity to speak with Riana Chaili at the iFX EXPO Dubai. She headlined on the Female Industry Leaders panel, discussing the importance of accessibility and diversity in driving growth.

“We are very excited by the opportunities we see in the market and the skills, experience and connections Riana brings to the role. We are also particularly delighted to announce our first female CEO in what is a traditionally male dominated field of Prime Brokerage,” said James Alexander, Invast’s Chief Commercial Officer.

Invast Australia CEO Gavin White added: “This is a natural next step for Riana. She has many years of senior experience in FX dealing operations and risk management. I’m confident Riana will continue to effectively lead our Cyprus team and grow our presence in Europe and beyond.”

Invast adds a veteran banker from Credit Suisse

Invast Global has been ramping up hiring to capture more market share in a booming PoP environment. Traditionally, only the largest funds and institutions have been able to get access to the benefits provided by the non-bank market makers. This is because access has relied on the client having a tier one prime broker relationship.

The new hires also follow growing global demand for Invast’s PurePrime facility. Tailored for institutional clients, brokerages, hedge funds and sophisticated traders, PurePrime offers optimised FX and CFD liquidity via multiple trading GUIs or API, backed by tier one prime brokers.

Most recently, the company hired veteran banker Matt Harris from Credit Suisse Group AG, as it doubles down on investing in its liquidity franchise.

Harris is a seasoned financial services industry professional with over 20 years’ experience cutting across banking and prime brokerage services. He has strong networks with international investment banks, corporate clients, regulators and peers in the sector.

Most recently, Harris spent six years at Credit Suisse’s prime services for private banking (PS4PB). The unit caters to a client segment that includes mid-sized hedge funds and family offices and other buy-side institutions, which are currently experiencing a variety of challenges, such as accessing the wholesale ‎‎foreign exchange price matching community via a prime brokerage model‎. ‎

Read this next

Digital Assets

Binance executives sue Nigerian authorities over rights violation

Two senior executives from Binance have filed a lawsuit against against Nigeria’s national security adviser’s office and its anti-corruption agency, alleging violations of their fundamental rights.

Retail FX

Banxso announces 8.7% interest rate on deposits in South Africa

“With Banxso, they can enjoy the benefits of both worlds – earning competitive interest and having the freedom to trade, all within the same platform.”

Industry News

FINRA to publish transaction details in U.S. Treasury securities

“Consistent with our longstanding practice, FINRA is introducing greater transparency in a calibrated and careful manner, benefiting liquidity and resilience in this critical market while also mitigating potential information leakage concerns.”

Institutional FX

OpenYield launches “cheap and easy” fixed income trading for brokers

“We’re on a mission to make bonds cheap and easy to trade, and are excited about the opportunity to build generational capital markets infrastructure.”

Digital Assets

Sumsub and Mercuryo publish a guide for VASPs: “Mastering Travel Rule Compliance”

“At Sumsub, we’ve concentrated our efforts on filling the gap in understanding the complexity of Travel Rule regulation and helping organizations find the best solution to stay safe and compliant while minimizing costs and avoiding potential risks of non-compliance. This guide we created with Mercuryo, our trusted partner, is the ultimate navigation tool all VASPs can consult.”

Digital Assets

Bitget Wallet Leads with Record Swap Volume & New Crypto Innovations

This week, Bitget Wallet achieved a milestone by surpassing Metamask with a record 388,757 Swap order transactions, securing the global lead. The significant 7-day trading volume, almost 68,000 more than its rival, underscores its liquidity and user trust. This robust activity signals Bitget Wallet’s prominent role and reliability in the dynamic crypto market.

Digital Assets

Embarking on a Digital Currency Journey

Imagine you’ve stumbled upon a treasure map, leading you to untold riches hidden in the vastness of the internet. Instead of gold coins and jewel-encrusted goblets, this treasure comes in the form of digital currencies, the modern-day loot coveted by many.

Reviews

Traders Union Experts Share The Trading Analyst Review For 2024

Navigating options trading in rapidly shifting markets poses a considerable challenge. This is where options trading alert services become invaluable. They aid traders in keeping abreast of evolving opportunities and market trends. In this assessment, Traders Union experts scrutinize The Trading Analyst alert service to ascertain its efficacy. 

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

<