About Us
About Us
Founders
Chief Executive Officer
Leo Labeis
With 15 years’ experience in delivering innovative solutions to securities trading businesses, Leo’s core expertise is in the transformational impact of technology and regulation across the financial sector.
+ learn more
Chief Operations Officer
Pierre Lamy
Pierre is an industry leader with 20 years’ track-record delivering cross-asset solutions for the standardisation of data and process and the electronic representation of financial instruments.
+ learn more
Senior Advisors
Senior Advisor
Patrick-de-Nonneville
Patrick is COO of Lendix - a leading European online marketplace for business loans, enabling investors to lend money directly to small and medium sized enterprises. + learn more
Senior Advisor
Tom Zschach
Tom Zschach joined CLS in September 2014. He has extensive experience in delivering technology and business performance improvements in investment banking and clearing house technology businesses.
+ learn more
Founders
Senior Advisors
Chief Executive Officer
Leo Labeis
With 15 years’ experience in delivering innovative solutions to securities trading businesses, Leo’s core expertise is in the transformational impact of technology and regulation across the financial sector.
+ learn more
Chief Operations Officer
Pierre Lamy
Pierre is an industry leader with 20 years’ track-record delivering cross-asset solutions for the standardisation of data and process and the electronic representation of financial instruments.
+ learn more
Senior Advisor
Patrick-de-Nonneville
Patrick is COO of Lendix - a leading European online marketplace for business loans, enabling investors to lend money directly to small and medium sized enterprises. + learn more
Senior Advisor
Tom Zschach
Tom Zschach joined CLS in September 2014. He has extensive experience in delivering technology and business performance improvements in investment banking and clearing house technology businesses.
+ learn more
Meet the team
Meet the team
Founders
Laurent-Olivier (Leo) Labeis
Co-Founder and CEO
With 15 years’ experience in delivering innovative solutions to securities trading businesses, Leo’s core expertise is in the transformational impact of technology and regulation across the financial sector.
Leo was the Global Markets head of MiFID II implementation at Goldman Sachs. Earlier in his career he built the Trading Strats team for EMEA Emerging Markets and designed the modelling of wrong-way risk, liquidity and regulatory capital, later deployed across other Global Markets businesses. Then appointed head of Macro CVA Trading Strats and Global head of FX Trading Strats, he moved regulatory capital and liquidity from a back-office Treasury function to front-office workflows. The framework allowed the firm to dynamically manage its financial resources’ footprint and to position strategically for regulatory-driven market structure changes. Leo joined Goldman Sachs in 2003 and was named Managing Director in 2010.
Leo graduated from Ecole Polytechnique in 2001 and holds two MSc. from Ponts & Chaussées and UPMC Paris VI with majors in Applied Mathematics and Electrical Engineering.
Pierre Lamy
Co-Founder and COO
Pierre is an industry leader with 20 years’ track-record delivering cross-asset solutions for the standardisation of data and process and the electronic representation of financial instruments.
As senior member of Goldman Sachs’ Technology division, he co-developed the ISDA FpML standard for OTC derivatives and chaired the FpML Standards Committee. He led Goldman Sachs’ initial technology response to Dodd-Frank obligations and advised the CFTC as member of its Subcommittee on Data Standardization and subsequently of its Technology Advisory Committee. As the ISO working group lead for Rates products, he drove the framing of an ISIN solution for OTC Derivatives in response to MiFID II. Earlier in his career Pierre delivered a cohesive trade processing platform for OTC derivatives and an architecture upgrade to the firm’s books & records. Pierre joined Goldman Sachs in 1997 and was named Managing Director in 2012.
Pierre graduated and holds a PhD in International Economics from Sciences Po Paris.
Senior Advisors
Tom Zschach
Head of Technology and Operations of CLS
CLS enhances financial stability through the mitigation of FX settlement risk globally, playing a fundamental role in the FX market.
Tom Zschach joined CLS in September 2014. He has extensive experience in delivering technology and business performance improvements in investment banking and clearing house technology businesses.
Before joining CLS, Tom was CIO at LCH.Clearnet where he led the technology function through a major business transformation program. Prior to this, he served as Managing Director and Global Head of Rate & Currencies Technology at Bank of America Merrill Lynch supporting the Markets businesses. He has also held various senior technology roles at Barclays Capital and Credit Suisse First Boston.
Tom studied computer science and finance at California State University, Sacramento and holds a MBA from Trium, an alliance between New York University Stern School of Business, London School of Economics and Political Science and HEC School of Management Paris.
Patrick de Nonneville
Chief Operating Officer of Lendix
Lendix is a leading European online marketplace for business loans, enabling investors to lend money directly to small and medium sized enterprises.
As a Partner at Goldman Sachs in London (2007 to 2014), Patrick was co-head of the European rates business and member of the Global Operating Committee for Rates.
He began his career at JPMorgan in Paris and London (1997-2003) as a “market-maker” on Treasuries, before joining Deutsche Bank (2003-2007) where he led the complex products trading activities and Inflation products.
Patrick is a graduate of Ecole Polytechnique.
News and Publications
BIS Innovation Hub and Saudi G20 Presidency announce TechSprint winners
The Bank for International Settlements (BIS) and the Saudi G20 Presidency today announced the winners of the G20 TechSprint challenge at the conclusion of the Enabling Regulatory and Supervisory Solutions for the Digital Era symposium. Winning firms FNA, Tookitaki and ISDA-REGnosys tackled challenges of dynamic information-sharing, monitoring and surveillance, and regulatory reporting.
read more
REGnosys and ISDA Win G-20 TechSprint for Regulatory Reporting
REGnosys and the International Swaps and Derivatives Association, Inc. (ISDA) have won the regulatory reporting category in the G-20 TechSprint, a virtual hackathon organized by the Saudi presidency of the Group-of-20 (G-20) nations and the Bank for International Settlements (BIS) Innovation Hub.
read more
Regnosys Axoni and ISDA open-source implementation of the ISDA CDM in Scala
REGnosys, Axoni and ISDA announced today an open source implementation of the ISDA Common Domain Model in Scala, a programming language supported by most widely adopted software environments in capital markets, as well as Axoni’s blockchain infrastructure.
read more
REGnosys and ISDA Provide Open Access to CDM 2.0 for Deployment
London, 22 March 2019. REGnosys and the International Swaps and Derivatives Association, Inc. (ISDA) have extended their partnership by publishing the full version of the ISDA Common Domain Model (CDM) for interest rate and credit derivatives and opening access through the Rosetta Portal to all market participants, including non-ISDA members.
read more
ISDA CDM 1.0 Webinar
"In 2017, ISDA embarked on a project to develop the ISDA Common Domain Model (ISDA CDM), a common, robust, digital blueprint for how derivatives are traded and managed across their lifecycle. In June 2018, ISDA published an interim snapshot of the ISDA CDM 1.0, a...
read more
Barclays Is Pitting Blockchains Against Each Other (For a Cause)
"U.K. banking giant Barclays is challenging up-and-coming blockchain coders to help revamp the global derivatives market at a hackathon next month... Those taking part will be asked to apply ISDA's Common Domain Model (CDM), a set of process and data standards, using...
read more