ErisX Announces Addition of Chief Risk Officer with Hiring of Vidhu Singh

ErisX Insights
Feb 6 · 2 min read
Vidhu Singh, Chief Risk Officer at ErisX

NEW YORK, NY & CHICAGO, IL, Thursday, February 6, 2020 — ErisX today announced the addition of a Chief Risk Officer, Vidhu Singh, to their C-Suite leadership team. As institutions continue to recognize the value of traditional infrastructure, ErisX finds itself creating new roles, growing its staff and evolving the digital asset space.

Vidhu Singh is a seasoned capital markets risk management expert. He was most recently Business Operations Manager at Hudson River Trading, which acquired Sun Trading, where he was Chief Risk Officer and Director of Analytics. At Sun Trading, Singh built out a team of risk management professionals that monitored risk related to low latency algorithmic trading in the global equity and futures markets. Prior to Sun Trading, Vidhu held similar positions at Stark Investments and UBS Investment Bank.

“ErisX is evolving to enhance the way individuals and institutions gain exposure to digital assets with their innovative platform for spot and regulated futures,” said Vidhu Singh, Chief Risk Officer at ErisX. “I followed the productive year they had in 2019 with the launch of their digital asset markets, completion of their technology stack and the ability to secure a derivatives clearing organization (DCO) license. I look forward to joining the team of market professionals at ErisX and assisting in the next chapter of growth while managing the unique risks associated with a regulated digital asset platform.”

Reporting to Liz James, the head of Eris Clearing, Singh will drive all aspects of credit, market and liquidity risk management of the firm as well as integrate risk management priorities into the Clearinghouse’s strategic plan and roadmap. Singh will also help in establishing quantitative metrics for risk mitigation as well as the ongoing development and enforcement of Eris Clearing’s policy and reporting framework.

“We welcome Vidhu to the team and look forward to leveraging his background to assist us in the evolution of our markets and products,” said Thomas Chippas, CEO of ErisX. “Our team comes from traditional as well as digital financial backgrounds and the skill set they bring to the table will enable a robust group of market participants to enjoy an enhanced trading and investing experience in the digital asset space.”

    ErisX Insights
    Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
    Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
    Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade