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.

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.