Announces Appointment of Head of Europe
LONDON and NEW YORK, April 19,
2021 /PRNewswire/ -- DirectBooks™, the capital markets
consortium founded to optimize global financing markets, today
announced the launch of Euro and Sterling Investment Grade deal
announcements on the DirectBooks platform. The DirectBooks platform
launched in Q4 2020 with deal announcement functionality for U.S.
Dollar Investment Grade issuances globally, with a common set of
structured deal data and document access for institutional
investors.
As part of its European expansion, DirectBooks also announced
the appointment of Duncan Phillips
as Managing Director and Head of Europe. Duncan will be based in London and will lead the UK office, as well as
the development of a cross-functional European team.
Duncan previously worked at Citi for 15 years, with Debt
Syndicate roles in London,
Tokyo, and Hong Kong. He later held executive roles as
Global Head of Capital Markets at Ipreo and Chief Commercial
Officer at Nivaura, a London-based
start-up focused on capital markets workflow automation.
"The addition of Euro and Sterling deal announcements to the
platform is another critical step in the evolution of the
DirectBooks offering," said DirectBooks CEO, Rich Kerschner.
"We are also excited to continue the growth of our company with the
addition of Duncan to lead our UK office and European
expansion."
"I am delighted to be joining DirectBooks at this important
point in the platform's development," said Duncan Phillips. "I look
forward to building the team and working with our buy-side and
sell-side community to evolve the primary issuance workflow."
DirectBooks is simplifying the primary issuance process for
fixed income by streamlining communications workflows for
underwriters and institutional investors. The platform will
continue to expand with the capability to optimize the
communications of order and allocation information, as well as
hedging instructions. High Yield and Emerging Markets issuances
will be added to the platform later this year.
ABOUT DIRECTBOOKS
DirectBooks leverages its technology expertise and market
knowledge to optimize global financing markets. We are simplifying
the primary issuance process for fixed income by streamlining
communications workflows for underwriters and institutional
investors. DirectBooks was formed by 9 global banks, consisting of
Bank of America (NYSE:BAC), Barclays (NYSE:BCS), BNP Paribas
(FR:BNP), Citi (NYSE:C), Deutsche Bank (NYSE:DB), Goldman Sachs
(NYSE:GS), J.P. Morgan (NYSE:JPM), Morgan Stanley (NYSE:MS), Wells
Fargo (NYSE:WFC). A complete list of participating banks can be
found on our website. For additional information, please visit
www.DirectBooks.com.
MEDIA CONTACT:
Chris Rodriguez
Chris.Rodriguez@DirectBooks.com
(848) 888-7704
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