Leadership

Jay Moore

Jay Moore is the founder and CEO of FX HedgePool.

Before taking on his own endeavor, Jay spent 20 years building products in FX risk management for two of the world’s premier custody banks - BBH (growing hedged assets from $25 billion to $75 billion) and State Street ($4 billion to $80 billion), with both programs continuing to be the fastest growing products at each bank.

A frequent speaker at industry events, Jay has pioneered the way banks offer passive hedging solutions - raising the bar with innovative reporting, agency execution, insightful forward TCA, and performance attribution capabilities that have become the market standard.

In this chapter of his career, Jay strives to answer the question that institutional investors have been asking for years: why can't the buy side trade direct? It turns out, they can.

Emin Tatosian

Emin Tatosian is the co-founder and CTO of FX HedgePool.

Emin is an award-winning technologist who brings to market cutting-edge digital financial products using a multi-disciplinary approach to design and development.

He co-founded FastFin in 2014 - a boutique financial markets consultancy - to help marquee clients across the globe increase productivity, reduce cost, and meet regulatory obligations through design and technology.

In 2019 he co-founded FX HedgePool - the first matching engine for the mid-market execution of FX swaps - setting out to transform the FX market by separating liquidity from credit - thereby allowing passive hedgers to provide vast amounts of pure liquidity to each other.

Previous leadership roles have spanned global banking institutions including Citadel in New York, UniCredit in London, and BTG Pactual in Sao Paulo.

Emin holds a BSc in Computer Science and an MSc in Enterprise Systems Development - with a thesis focused on Artificial Intelligence that earned the prestigious Brunel-GoldTel Prize.

Townsend Smith

CFO of FX HedgePool.

Before joining FX HedgePool in April 2022, Townsend Smith had a 20+ year record of success at Brown Brothers Harriman in high-profile and critical assignments, spanning banking and capital markets.  Townsend began his financial services career in corporate finance and commercial banking.  During the financial crisis, Townsend turned his attention to leading workouts of distressed corporate loans, completing his time in the role with significant, overall net realized gains. Later, he transitioned to capital markets, where, amongst other assignments, he held overall responsibility for successfully navigating the post-financial crisis regulatory transition and for risk management and balance sheet management across the firm’s global capital markets businesses.

Townsend has an MBA from Wharton, a BA from Trinity College and is a CFA Charter holder.  He resides in New York City with his wife and three children.

Karen Phillips

Karen is the Head of Business Development of FX HedgePool

Prior to joining FX HedgePool Karen was the Americas Head of Transaction Sales for Refinitiv, an LSEG business, (formerly the Financial and Risk division of Thomson Reuters) where she managed the new business and relationship management teams covering FXall and Matching clients in the Americas. In addition to driving revenues for the region Karen played an integral role in shaping platform strategy and collaborated with the Product team to identify and prioritize additional features and product enhancements. Karen joined Thomson Reuters with the acquisition of FXall in August 2012.  As a member of the executive team at FXall, Karen worked on the IPO in February 2012 and subsequent integration into Thomson Reuters.  Karen started at FXall in 2001 shortly after the launch of the company.  Prior to joining FXall Karen worked in the foreign exchange, energy, and interest rate derivatives markets.

Karen has a Bachelor of Science in Economics from The Wharton School, University of Pennsylvania.