Ragu Raymond has joined Baton Systems as Director of Business Development and Client Success, working closely with customers to optimise solutions to achieve their business goals.
Based in London, Ragu is an experienced derivatives specialist with a track record in the financial services industry spanning over 15 years. Prior to joining Baton, Ragu spent ten years in JP Morgan’s global treasury team for clearing, where he oversaw the bank’s cash and collateral liquidity management and worked with the product team to develop the global treasury platform, margin and collateral optimiser.
“Covering initial margin at CCPs has always been a challenging process, with participants required to efficiently manage multiple currencies and securities, and navigate complex local regulations,” said Ragu Raymond. “Baton uses the latest technology and innovation to synchronise clearing and optimise margin. I’m excited to be part of a team that is revolutionising the way assets are moved in the world’s largest financial markets.”
Ragu gained early experience in investment banking at Bank of America (Prime Services) and Deutsche Bank (Derivatives).
Baton Systems is reforming how payments are made in the world’s largest financial markets. By delivering on-demand synchronization and orchestration of asset movements through its distributed ledger-based platform, it is liberating balance sheets and eliminating the need for capital-intensive pre-funding of FX and margin requirements. Founded in 2016 by technology, payments and capital markets veterans, and backed by venture capital, Baton Systems works with numerous market participants – including major global banks, custodian banks and exchanges – to meet today’s demands for capital efficiency, regulatory compliance and operational superiority. Find out more at www.batonsystems.com