Herring Global Strengthens Leadership with New CTO and Compliance Head
August 26th, 2024 10:55 AM
By: Newsworthy Staff
Digital asset trading firm Herring Global marks its first anniversary by appointing Christian Fischer as CTO and Benjamin Toh as Head of Compliance, bolstering its technological and regulatory capabilities.
Herring Global, a leading digital asset trading and liquidity provision company, has announced two key executive appointments as it celebrates its first year of operations. The firm has named Christian Fischer as its new Chief Technology Officer and Benjamin Toh as Head of Compliance/MLRO, signaling a strong commitment to technological innovation and regulatory compliance in the rapidly evolving digital asset landscape.
Christian Fischer brings over two decades of experience in FX trading systems, market making, and technology to his new role at Herring Global. Prior to joining the company, Fischer served as Head of Technology at ADDX for five years, where he led the development of a regulated platform for digital securities issuance, custody, and trading. His expertise in implementing blockchain-based solutions for investment safeguarding is expected to drive Herring Global's technological advancements in the digital asset space.
Benjamin Toh joins Herring Global from Standard Chartered Bank, where he was a Director specializing in compliance advisory for crypto assets and payment services clients. Toh's background includes a stint as Head of Compliance at Blockchain.com Singapore (formerly Altonomy), where he played a crucial role in securing in-principle approval for a Major Payment Institution license from the Monetary Authority of Singapore. His extensive experience in regulatory compliance within the crypto asset sector is set to strengthen Herring Global's compliance framework and regulatory efforts.
These strategic appointments come at a pivotal time for Herring Global as it marks its first anniversary. The company has positioned itself as a rapidly expanding leader in digital asset trading and liquidity provision, offering services that include 24/7 treasury solutions and bespoke high-touch trading to programmatic smart order routing solutions. These services aim to optimize trading outcomes and create a more efficient marketplace for digital assets.
Ervin, CEO of Herring Global, emphasized the company's commitment to trust, security, and innovation in light of these new appointments. "As Herring Global marks its first anniversary, our commitment to trust, security, and innovation remains stronger than ever for our partners. We are thrilled to welcome Christian and Benjamin to our team as we aim to be a game changer in our trading infrastructure and solutions within a robust regulatory framework," Ervin stated.
The addition of Fischer and Toh to the executive team is expected to play a crucial role in Herring Global's ongoing growth and pursuit of excellence in the digital asset trading sector. Their combined expertise in technology and compliance is likely to enhance the company's ability to navigate the complex regulatory landscape while pushing the boundaries of technological innovation in digital asset trading.
As the digital asset market continues to mature and face increasing regulatory scrutiny, Herring Global's focus on strengthening its technological and compliance capabilities could position the company as a trusted partner for institutional clients seeking robust liquidity management and trading solutions in the cryptocurrency space.
The appointments of Fischer and Toh reflect a broader trend in the digital asset industry, where companies are increasingly prioritizing technological innovation and regulatory compliance to build trust and credibility with both clients and regulators. As Herring Global enters its second year of operations, these strategic hires may well set the stage for the company's next phase of growth and development in the competitive digital asset trading landscape.
Source Statement
This news article relied primarily on a press release disributed by BlockchainWire. You can read the source press release here,
