Nivaura appoints Scott Eaton as the new Chief Executive Officer
By Joy Dumasia
Nivaura, the Capital markets FinTech, has appointed Scott Eaton as its new Chief Executive Officer. Eaton brings three decades of experience in leadership roles in capital markets and financial technology.
He recently served as CEO of Algomi from 2018 until its sale to BGC in 2020 and before that as Chief Operating Officer of MarketAxess Europe from 2015-2018. Nivaura’s founder Avtar Sehra moves to the role of President and will be focused on guiding the teams on intensifying its innovation and product development in capital markets automation technology.
DBS Bank of Singapore deployed Nivaura’s technology for the world’s first automated digital bond issuance platform. The firm’s technology also underpins the London Stock Exchange Group’s Flow. This multi-dealer EMTN SaaS marketplace went live earlier this year and was utilised in LSEG’s multi-tranche $7bn MTN issuance.
Avtar Sehra said: “The board and I are thrilled that Scott Eaton is joining us. Nivaura has made a substantial leap forward this year with our groundbreaking projects with LSEG and DBS Bank. As we exploit our growth opportunities to the full, I will be concentrating on accelerating innovation and our product roadmap, while Scott takes the lead on running the day to day business and equipping us to scale up quickly.”
Scott Eaton commented: “Since creating the first DLT solution for bond issuance back in 2016, Nivaura has built up a strong reputation in capital markets, from law firms to debt syndicate teams, exchanges and industry bodies. The Nivaura team are true innovators, and they will continue furthering Nivaura’s track record of usable, cutting edge innovation in capital markets, which will be accelerated as Avtar now takes on this focused role. I look forward to working with him, the management team and the board to grow Nivaura internationally.”
Recently, IBS Intelligence reported that Nivaura, a London and Italy based FinTech, has delivered the technology underpinning Singapore-based DBS Bank’s groundbreaking bond issuance platform.
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