Larry Liermann has joined Baton Systems as Director of Business Development, responsible for the development of Baton’s FX liquidity management tool and helping to drive sales in the Americas, based out of New York.

Larry is a highly experienced FX professional, and has worked in the financial industry for over 20 years. Larry has held senior FX roles at a number of tier 1 banks, including Barclays, Deutsche Bank and Credit Suisse. Prior to joining Baton, Larry co-founded Coinfide, a provider of blockchain and cryptocurrency educational content and tools for multiple disciplines, where he was VP of Sales & Strategic Partnerships.

“Foreign Exchange is the largest, most liquid and active marketplace in the world, so it’s vital for firms to have the right systems and processes in place to reduce settlement risk,“ said Larry Liermann. “I’m delighted to be part of the team at Baton, which is freeing up billions of dollars in capital and improving operational efficiency by accelerating the entire settlement process.”

About Baton

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