London-based CMC Markets plc (LON: CMCX) has added finance veteran Clare Francis to its Board as a Non-Executive Director. She has already assumed the role on 19 December 2022.
“I am very pleased to welcome Clare to the Board of CMC, and we are looking forward to working with her,” Chairman of CMC Markets, James Richards, said in a statement. “Clare brings extensive knowledge of risk management
Risk Management
One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, most brokers employ a risk management department tasked with analyzing the data and flow of the broker to mitigate the firm’s exposure to financial markets moves. Why Risk Management is a Fixture Among BrokersTraditionally the company is employing a risk management team that is monitoring the exposure of the brokerage and the performance of select clients which it deems risky for the business. Common financial risks also come in the form of high inflation, volatility across capital markets, recession, bankruptcy, and others.As a countermeasure to these issues, brokers have looked to minimize and control the exposure of investment to such risks.In the modern hybrid mode of operation, brokers are sending out the flows from the most profitable clients to liquidity providers and internalize the flows from customers.This is deemed less risky and are likely to incur losses on their positions.This in turn allowing the broker to increase its revenue capture. Several software solutions exist to assist brokers to manage risk more efficiently and as of 2018, most connectivity/bridge providers are integrating a risk-management module into their offerings. This aspect of running a brokerage is also one of the most crucial ones when it comes to employing the right kind of talent.
One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, most brokers employ a risk management department tasked with analyzing the data and flow of the broker to mitigate the firm’s exposure to financial markets moves. Why Risk Management is a Fixture Among BrokersTraditionally the company is employing a risk management team that is monitoring the exposure of the brokerage and the performance of select clients which it deems risky for the business. Common financial risks also come in the form of high inflation, volatility across capital markets, recession, bankruptcy, and others.As a countermeasure to these issues, brokers have looked to minimize and control the exposure of investment to such risks.In the modern hybrid mode of operation, brokers are sending out the flows from the most profitable clients to liquidity providers and internalize the flows from customers.This is deemed less risky and are likely to incur losses on their positions.This in turn allowing the broker to increase its revenue capture. Several software solutions exist to assist brokers to manage risk more efficiently and as of 2018, most connectivity/bridge providers are integrating a risk-management module into their offerings. This aspect of running a brokerage is also one of the most crucial ones when it comes to employing the right kind of talent. Read this Term frameworks and financial services to CMC, which will help us as we continue to develop our diversification strategy.”
Apart from joining as a Non-Executive Director, Francis became the Chair of the Group Risk Committee, the Consumer Duty Champion, and a member of CMC’s Audit, Nomination, and Remuneration Committees.
Francis is a financial industry expert with about 37 years of experience working in several major companies. Most recently, she worked as the European Head of Global Banking and the UK CEO at Standard Chartered Bank. There, she was also the Global Head of Investors, Insurance and the Public Sector.
She joined Standard Chartered from Lloyds Banking Group, where she worked from February 2006 until November 2012. There, she held leadership roles like Global Head of Financial Markets (Sales) and Global Head of Corporate and Institutional Banking. She was the Head of Global Corporates & Global Head International when she parted with the company.
She started her career at Natwest in 1985 and then moved to HSBC, where she spent 17 years. She climbed the corporate ladder at HSBC and held the position of Europe Head & MD of Financial Markets Sales when she separated in early 2006.
Currently, Francis is sitting on the board of the UK Department of International Trade’s TAG and Infrastructure Exports board.
Check out the recent London Summit session on “Cultivating Female Leadership in Fintech: Challenges & Opportunities.”
CMC Markets Strengthening the Leadership
In recent months, CMC strengthened its leadership by adding multiple new faces and internal shuffles. Last month, Camilla Boldracchi was moved to the Institutional Sales team. In addition, the company hired Nathan Sage as the Equities Risk Trading Manager and promoted Michael Bogoevski to the Head of Distribution for APAC and Canada.
Meanwhile, the company’s net operating income for six months, between April and September, jumped by 21 percent to £153.5 million. Its net trading revenue came in 27 percent higher at £128.4 million, while the figure from investing stream declined by 14 percent to £20.8 million. It ended the year with a flat pre-tax profit of £36.6 million.
London-based CMC Markets plc (LON: CMCX) has added finance veteran Clare Francis to its Board as a Non-Executive Director. She has already assumed the role on 19 December 2022.
“I am very pleased to welcome Clare to the Board of CMC, and we are looking forward to working with her,” Chairman of CMC Markets, James Richards, said in a statement. “Clare brings extensive knowledge of risk management
Risk Management
One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, most brokers employ a risk management department tasked with analyzing the data and flow of the broker to mitigate the firm’s exposure to financial markets moves. Why Risk Management is a Fixture Among BrokersTraditionally the company is employing a risk management team that is monitoring the exposure of the brokerage and the performance of select clients which it deems risky for the business. Common financial risks also come in the form of high inflation, volatility across capital markets, recession, bankruptcy, and others.As a countermeasure to these issues, brokers have looked to minimize and control the exposure of investment to such risks.In the modern hybrid mode of operation, brokers are sending out the flows from the most profitable clients to liquidity providers and internalize the flows from customers.This is deemed less risky and are likely to incur losses on their positions.This in turn allowing the broker to increase its revenue capture. Several software solutions exist to assist brokers to manage risk more efficiently and as of 2018, most connectivity/bridge providers are integrating a risk-management module into their offerings. This aspect of running a brokerage is also one of the most crucial ones when it comes to employing the right kind of talent.
One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, most brokers employ a risk management department tasked with analyzing the data and flow of the broker to mitigate the firm’s exposure to financial markets moves. Why Risk Management is a Fixture Among BrokersTraditionally the company is employing a risk management team that is monitoring the exposure of the brokerage and the performance of select clients which it deems risky for the business. Common financial risks also come in the form of high inflation, volatility across capital markets, recession, bankruptcy, and others.As a countermeasure to these issues, brokers have looked to minimize and control the exposure of investment to such risks.In the modern hybrid mode of operation, brokers are sending out the flows from the most profitable clients to liquidity providers and internalize the flows from customers.This is deemed less risky and are likely to incur losses on their positions.This in turn allowing the broker to increase its revenue capture. Several software solutions exist to assist brokers to manage risk more efficiently and as of 2018, most connectivity/bridge providers are integrating a risk-management module into their offerings. This aspect of running a brokerage is also one of the most crucial ones when it comes to employing the right kind of talent. Read this Term frameworks and financial services to CMC, which will help us as we continue to develop our diversification strategy.”
Apart from joining as a Non-Executive Director, Francis became the Chair of the Group Risk Committee, the Consumer Duty Champion, and a member of CMC’s Audit, Nomination, and Remuneration Committees.
Francis is a financial industry expert with about 37 years of experience working in several major companies. Most recently, she worked as the European Head of Global Banking and the UK CEO at Standard Chartered Bank. There, she was also the Global Head of Investors, Insurance and the Public Sector.
She joined Standard Chartered from Lloyds Banking Group, where she worked from February 2006 until November 2012. There, she held leadership roles like Global Head of Financial Markets (Sales) and Global Head of Corporate and Institutional Banking. She was the Head of Global Corporates & Global Head International when she parted with the company.
She started her career at Natwest in 1985 and then moved to HSBC, where she spent 17 years. She climbed the corporate ladder at HSBC and held the position of Europe Head & MD of Financial Markets Sales when she separated in early 2006.
Currently, Francis is sitting on the board of the UK Department of International Trade’s TAG and Infrastructure Exports board.
Check out the recent London Summit session on “Cultivating Female Leadership in Fintech: Challenges & Opportunities.”
CMC Markets Strengthening the Leadership
In recent months, CMC strengthened its leadership by adding multiple new faces and internal shuffles. Last month, Camilla Boldracchi was moved to the Institutional Sales team. In addition, the company hired Nathan Sage as the Equities Risk Trading Manager and promoted Michael Bogoevski to the Head of Distribution for APAC and Canada.
Meanwhile, the company’s net operating income for six months, between April and September, jumped by 21 percent to £153.5 million. Its net trading revenue came in 27 percent higher at £128.4 million, while the figure from investing stream declined by 14 percent to £20.8 million. It ended the year with a flat pre-tax profit of £36.6 million.
