RQD* Clearing snatches Michael Lanyon from competitor Apex Clearing

RQD* Clearing, a leading correspondent clearing and custody firm, has announced the appointment of Michael Lanyon as its Chief Revenue Officer.

Lanyon brings extensive experience to RQD, having previously served as the Global Head of Sales at Apex Clearing, a division of Apex Fintech Solutions.

Michael Lanyon to help grow RQD* Clearing’s platform in the brokerage and fintech communities

Michael Lanyon is recognized for his two decades of experience in building strategic partnerships in the financial services industry. His expertise in growing sales teams, driving high-touch sales, and relationship management is expected to be a significant asset to RQD’s management team.

Michael Sanocki, CEO of RQD, cited Lanyon’s track record of driving results and fostering relationships to praise his talent. “Michael’s ability to drive results and his commitment to fostering lasting client relationships makes him a key addition to the RQD team. In an industry where trust is paramount, Michael’s transparent, reliable, and client-centric focus sets him apart from others. His dedication to understanding the unique needs of each client coupled with RQD’s modern tech stack and ability to build bespoke solutions will usher in a level of service not seen elsewhere in the clearing industry.”

Lanyon himself expressed excitement about joining RQD at a crucial time in its growth trajectory. He noted his career-long commitment to partnering with financial services companies in innovative ways to foster growth and successful outcomes. “I’m excited to join the RQD team at this crucial point in its growth. My whole career has been about partnering with financial services companies in innovative ways to create successful growth and outcomes. When meeting the RQD management team and seeing the next generation clearing platform they have built, it was an opportunity I could not pass up. I am very excited to help grow their clearing platform in the brokerage and fintech communities.”

Clearing, custody, and execution solutions for brokers and fintechs

RQD* Clearing is known for its modern approach to correspondent clearing, providing clearing, custody, and execution solutions that cater to the needs of today’s market participants.

The firm’s platform, built on cloud-native, real-time technology, allows for quick adaptation to regulatory changes and efficient scaling as clients grow. RQD supports a wide range of securities and caters to diverse clients including broker-dealers, fintechs, institutional and active traders, foreign financial institutions, and proprietary trading firms.

Michael Lanyon’s appointment as Chief Revenue Officer is seen as a reaffirmation of RQD’s commitment to excellence, innovation, and client satisfaction. It underscores the firm’s strategy of assembling a team of industry leaders to shape the future of financial infrastructure for both established broker-dealers and growing fintech companies.