The world's largest financial institutions are building the bank of 2030 today - they're trusting Baton to help get them there.

History and Roadmap

2022

  • BNY Mellon and Baton Systems announce collaboration to deliver enterprise collateral optimisation solution
  • Baton Systems wins “Best New Technology Introduced Over The Last 12 Months – Trading, Risk and Compliance” at the American Financial Technology Awards
  • Baton Systems’ DLT now risklessly settling offshore yuan transactions in world first
  • Baton Systems appoints Alistair Griffiths as Director of EMEA Sales
  • Baton Systems expands its CCP network by connecting to OCC
  • Baton Systems wins “Best Settlement Initiative” for the second year running at the FX-Market e-FX Awards 2022
  • Baton Systems recognised by Harrington Starr as one of The Most Influential Fintech Firms 2022
  • Baton Systems’ wins award for its distributed ledger technology at the Sell-Side Technology Awards 2022
  • LCH SA joins the Baton network, as the CCP connects to the Baton Core-Collateral™ ecosystem.
  • Baton Systems appoints Ronn Baker as Senior Director of North American Sales
  • Baton Systems appoints David Ornstein as the company’s first COO

2021

  • Baton Systems’ technology powers the world’s first interbank riskless settlement outside of CLS
  • Value of settlements facilitated by Baton Systems exceed USD$3.5 Trillion
  • ICE Clear Europe becomes 5th major global CCP on the Baton network – joining LCH, CME, Eurex and SGX
  • Baton Systems signs the July 2021 updated FX Global Code
  • Baton Systems wins award for “Best Settlement Initiative” at FX Markets e-FX Awards 2021
  • Baton Systems appoints Jerome Kemp as President and William (Bill) Coen and J. Christopher Giancarlo as Senior Advisors

2020

  • Opening of Baton System’s London office
  • Baton Systems wins FinTech Start-up of the Year in the Risk Awards 2020

2019

  • First client goes live with Core-Collateral™ solution
  • Baton Systems raises USD$18 million in Series A investment round
  • Baton achieves SOC 2 Type 2 certification
  • Baton Systems voted Best Post-Trade Services Provider of the Year at FX Week e-FX Awards
  • Baton Systems wins Best Distributed-Ledger (DLT) Project at Sell-Side Technology Awards
  • Best Payment and Settlement Provider of the Year at the Central Banking Fintech and Regtech Global Awards
  • Native integration to core market infrastructure providers begins, including CME and EUREX.

2018

  • Baton Systems participates in Bank of England POC to understand how “a renewed RTGS service could support settlement using innovative payment technology, such as DLT”. Find out more click here

2017

  • Opening of Baton’s Chennai, India office
  • First customer deployment of Core-FX™, using shared ledgers and workflows for FX settlement

2016

  • Baton Systems Founded

INDUSTRY
RECOGNITION


We are proud to be recognised as a leading industry innovator.

The Baton Executive Team

By hovering over the images, you can find out more about the members of our team, including career history, social links and direct email contact.

CEO & Founder

Arjun Jayaram

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Chief Operating Officer

David Ornstein

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Global Head of Sales and EMEA

Alex Knight

Head of Business Development and Client Success

Tucker Dona

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Vice President of Engineering

Mohammad Abidi

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Director of Marketing

Daniella Huggins

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Head of Operations

Sonia Bathija

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Head of Engineering

Ananth Ramakrishnan

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Director of Business Development & Client Success

Ragu Raymond

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Director of Client Success

Aaron Ayusa

Click here to view Aaron’s profile

Senior Director of North American Sales

Ronn Baker

Click here to view Ronn’s profile

Director of Finance

Igor Gnyp

Click here to view Igor’s profile

Director of EMEA Sales

Alistair Griffiths

Click here to view Alistair Griffiths


The Baton Senior Advisors

Below you can find out full career history of our team of Senior Advisors.

J. Christopher (“Chris”) Giancarlo is a Senior Advisor at Baton Systems

J. Christopher Giancarlo

J. Christopher (“Chris”) Giancarlo is a Senior Advisor at Baton Systems. He is the former and 13th Chairman of the United States Commodity Futures Trading Commission (CFTC). Giancarlo was first nominated as a CFTC Commissioner by President Barack Obama and unanimously confirmed in June 2014. He was subsequently nominated as CFTC Chairman by President Donald Trump and again unanimously confirmed in August 2017. He departed the CFTC in July 2019 following the expiration of his five-year term.

Giancarlo is Senior Counsel to the international law firm Willkie Farr & Gallagher.  He is also a co-founder of the Digital Dollar Project to advance the consideration of a U.S. central bank digital currency.  In addition, Giancarlo serves as Chairman of the Board of Common Securitization Solutions LLC, a joint venture between Fannie Mae and Freddie Mac, and on the Advisory Board of the Chamber of Digital Commerce. Giancarlo also serves as an independent director of the American Financial Exchange, the sponsor of Ameribor and Ameribor Futures.

Before entering public service, Giancarlo served as Executive Vice President of financial services firm GFI Group Inc., leading its initial public offering, and as Executive Vice President and U.S. Counsel of Fenics Software. He also served as Chairman of the French American Academy. Previously, he practiced law in New York and London as a partner in the law firms of Brown Raysman Millstein Felder & Steiner and Giancarlo & Gleiberman, and as an associate with Curtis, Mallet-Prevost, Colt & Mosle.


Bill, Senior Advisor for Baton Systems

Bill Coen

Bill Coen served as Secretary General of the Basel Committee on Banking Supervision from 2014 to 2019. The Basel Committee is the international group of central bankers and banking supervisors responsible for setting global bank regulatory standards.

As Secretary General, Bill directed the work of the Basel Committee and managed its Secretariat. He chaired the Basel Committee’s Policy Development Group, which developed and recommended the “Basel III” post-crisis reforms for endorsement by the Basel Committee and its governing body. He also chaired the Committee’s Task Force on Corporate Governance and the Coherence and Calibration Task Force. Prior to his appointment as Secretary General, Bill served as Deputy Secretary General. Appointed to that role in 2007, his responsibilities focused on the Committee’s response to the global financial crisis, including coordinating the various Basel III policy initiatives.

Bill joined the Basel Committee’s Secretariat in 1999 from the Board of Governors of the Federal Reserve System in Washington DC. Before joining the Federal Reserve, he was a bank examiner for the US Office of the Comptroller of the Currency. Bill began his career as a credit officer of a New York City-based bank.

Bill serves on the board of directors of China Construction Bank, a global systemically important bank, and is a Senior Advisor for Baton Systems, a Silicon Valley-based fintech firm that provides payment and settlement solutions for financial institutions. He chairs the IFRS Foundation’s Advisory Council, which provides a forum for the IFRS Foundation and the International Accounting Standards Board (IASB) to consult a wide range of interested parties affected by the work of the Foundation and IASB. Bill serves as Vice Chair of Reference Point, a US-based financial services consultancy, and is a member of the board of directors for the Toronto Leadership Centre, an international organization that promotes financial stability and financial inclusion globally by providing practical training to financial sector regulators and supervisors, particularly in emerging markets and low-income countries. Bill is also the Chief Regulatory Advisor for Suade Labs, a London-based regtech firm, and a member of the Bretton Woods Committee. He is a native of New York City and received his Master of Business Administration degree from Fordham University (1991) and Bachelor of Science degree from Manhattan College (1984).


CAREERS

Join Our Team

We are growing quickly because of strong, global demand for our solutions. Our customers include Global Tier 1 banks. We are an award-winning technology company, with diversity, innovation and excellence at our heart.

Baton Careers

Baton's COO, David Ornstein, discusses how to scale a growing FinTech

Learn more about the process of moving a fintech from a start-up to a scale-up including essential product, engineering, and operational considerations.