Finalto Hires iS Prime’s Nik Wood as Senior Liquidity Analyst

<p>After five
years as an executive with the electronic trading and analytics team at iS Prime,
Nik Wood has left the prime-of-<a href="https://www.financemagnates.com/terms/p/prime-broker/">prime broker</a> to join
Finalto. Wood
announced his appointment as a Senior Liquidity and E-Trading Analyst at
Finalto through LinkedIn yesterday (Friday).</p><p>Nik Wood
Joins Finalto</p><p>Wood joins
Finalto with nearly a decade of industry experience garnered mostly at iS Prime.
He joined iS Prime in July 2018 and acted as a Liquidity Manager for the multi-asset brokerage
and <a href="https://www.financemagnates.com/terms/e/execution/">execution</a> provider. <a href="https://financemagnates.com/" target="_blank" rel="follow">Finance Magnates</a> reported
that the UK-based subsidiary of iSAM
Securities closed the financial year 2022 with <a href="https://www.financemagnates.com/institutional-forex/is-prime-ends-fy22-with-162m-pre-tax-profits/" target="_blank" rel="follow">£16.2 million in
pre-tax profit</a>. </p><p>Specifically,
Wood helped iS
Prime’s bank, non-bank and institutional brokerage clients to manage their liquidity by providing them access to competitive pricing while also undertaking flow and aftermath
analysis of their trades. </p><p>“[I]
optimised the liquidity for our clients and make/take relationships within the
institutional agency business,” Wood wrote about his role at iS Prime on his
LinkedIn profile. “Over the past 12 months, traded volumes and revenues have
risen by 200%.”</p><p>Before iS
Prime, Wood managed two positions at State Street. First,
he served as
a Senior Associate for Professional Development Programme between 2016 and 2018. He would later work as the Officer for FX Connect Trade and Application
Solutions at GlobalLink, State Street’s suite of electronic trading
platforms.</p><p>Wood marked
his entry into the financial industry in June 2014 after he joined State
Street as a Multi-Asset Strategy Intern. In the
beginner role, he provided analysis on forex, fixed income and equity markets. </p><p>Recent
Appointments at Finalto</p><p>Meanwhile, Finalto in recent months hired several executives. Some
of them include <a href="https://www.financemagnates.com/thought-leadership/kenneth-lim-joins-finalto-asia-as-head-of-liquidity/" target="_blank" rel="follow">Kenneth Lim</a> as the Head of Liquidity in
Asia, <a href="https://www.financemagnates.com/thought-leadership/finalto-appoints-paul-groves-as-finalto-uk-b2b-ceo/" target="_blank" rel="follow">Paul Groves</a> as the UK B2B CEO, <a href="https://www.financemagnates.com/cryptocurrency/news/finalto-strengthens-its-sales-team-with-former-is-prime-senior-marco-maggioni/" target="_blank" rel="follow">Macro Maggioni</a> as the Sales Director, and <a href="https://www.financemagnates.com/thought-leadership/finalto-appoints-klelia-orphanidou-as-b2b-head-of-regulatory-compliance/" target="_blank" rel="follow">Klelia Orphanidou</a> as the B2B Head of Regulatory
Compliance.</p>

This article was written by Solomon Oladipupo at www.financemagnates.com.