Simon Wilson-Taylor joins Fintech incubator FastFin

abdelaziz Fathi

FX industry veteran Simon Wilson-Taylor is joining a Fintech incubator and innovation lab focused on the capital markets.

The initiative is called FastFin and employs capital markets specialists, technologists, and designers who bring” game-changing ideas to life in weeks, not months and years.”

FastFin was founded by Richard Leader and Emin Tatosian a decade ago. They developed the concept of “Innovation Kickstarters,” aiming to assist business leaders in swiftly materializing their ideas without causing disruption to their in-house development teams.

FastFin is said to have designed and developed over 50 digital financial products for some of the largest financial institutions in the world and incubated several “industry defining FinTechs.”

“Putting my decades of experience starting and running entrepreneurial institutional fintech businesses to the best possible use. Helping Banks, brokers, asset managers, exchanges and vendors to get stuff done! We help business leaders to bring their ideas to life, honing their thoughts and then building working prototypes in as little as 4 weeks at a fixed fee. Our clients best internal resources are always busy. FastFin is their secret weapon for quick wins,” Simon Wilson-Taylor wrote in his Linkedin profile.

From 2015, Simon was Head of EBS Institutional, having joined the company after EBS BrokerTec acquired the firm he founded, Molten Markets, which was part of the deal. He parted ways with CME-owned trading platform in 2020, ending a five year tensure where he developed FX products and services at the US futures exchange.

Wilson-Taylor also served as CEO of Molten Markets, a specialist in foreign exchange trading technology for funds and other investment managers for over 3 years. After that, he joined EBS BrokerTec in New York as head of EBS Institutional FX, where he was initially contracted to stay for 2 years. However, the contract was extended, and he continued to lead the business for almost 5 years as they established EBSI as an FX EMS and real-time TCA platform for asset managers.

During his stint, he led the business serving the needs of asset managers globally and helped build on its traditional stronghold in the interbank foreign exchange market. EBS is one of the dominant players in the interbank trade, which forms a large chunk of the wholesale Forex market.

Wilson-Taylor’s career encompasses different senior roles as he worked in the financial markets for nearly 40 years. This includes leadership positions at State Street, HSBC, Record Currency Management and UBS.

In 2020, Simon led the formation of a fintech startup called FICCit Inc. It explores among other things the crypto world, tapping into his lengthy experience in building and operating FX trading platforms and venues for asset managers.

  • Read this next

    Digital Assets

    BREAKING: Bitcoin breaks all records with a massive $1.347 billion transaction

    This transaction has surpassed previous records, setting a new benchmark for Bitcoin trades. Before this event, the largest Bitcoin transactions included a $1.1 billion trade in April 2020 involving 161,500 BTC, and other significant transactions ranging from $491 million to $1.033 billion throughout 2019 and 2020.

    Digital Assets

    Uniswap debuts Ethereum ‘uni.eth’ subdomains

    Decentralized exchange platform Uniswap has integrated Ethereum Name Service (ENS), allowing users to create human-readable domain names and cryptocurrency wallet addresses using .eth endings.

    Web3

    Magic Square Expands with TruePNL Acquisition

    Binance’s web3 app store, Magic Square, acquired token platform TruePNL in a cash deal this week for an undisclosed sum. The deal brings TruePNL’s infrastructure (excluding branding & token) under Magic Square’s wing. Initially seeking a partnership, Magic Square opted for a full acquisition.

    Crypto Insider

    The Future of Prediction Markets? Zeitgeist Launches Decentralized Court System

    Polkadot-powered prediction market protocol Zeitgeist has announced the launch of its latest innovation: a decentralized court system.

    Digital Assets

    Crypto exchange Kraken fires back at SEC lawsuit, claiming overreach

    Crypto exchange Kraken is pushing back against the U.S. Securities and Exchange Commission (SEC), seeking to toss out a lawsuit that accused the platform of operating without proper registration.

    Industry News

    Exness Named a Best Place to Work in 2024

     Global leader Exness, tops in retail trading volume, earns 2024 “Best Place to Work” award, cementing its employee-centric culture after three prior years of winning the Cyprus national title.

    Digital Assets

    Swan Bitcoin taps Bakkt for crypto offering in the US

    “We are thrilled to be taking this exciting step forward in our partnership with Swan. This is just the beginning of our collaboration, as we intend to explore further growth opportunities together in the future, including expansion into international markets.”

    Digital Assets

    Polkadot Awards Bifrost a 500,000 DOT Loan to Enhance Liquid Staking Adoption

    Bifrost, a leader in liquid staking solutions, has secured a 500,000 DOT loan from Polkadot’s treasury to expand the reach and utility of its vDOT product within the ecosystem.

    Digital Assets

    FTX cleared to sell $1 billion stake in AI outfit Anthropic

    A Delaware bankruptcy court just approved a plan allowing the now-defunct FTX and its creditors to offload the exchange’s $1 billion stake in AI outfit Anthropic.

    <