What Happened?
New York, NY-based Capitolis Appointed Benjamin Townson as Vice President and Head of Product Management for Compression
About the Company
Capitolis is the leading SaaS platform that drives financial resource optimization for capital markets. Founded in 2017, Capitolis` vision is to transform capital markets by helping financial institutions optimize their capital and balance sheet exposures for the benefit of all participants. Through collaborative technology, Capitolis helps clients eliminate unnecessary positions and find the most suitable party to hold the remaining positions - freeing up capital and removing barriers that would otherwise restrict trading. To date, Capitolis has eliminated trillions of dollars in overall positions for more than 50 financial institutions, including many of the top global and regional banks and leading buy-side firms. Capitolis is backed by some of the world`s most innovative technology investors – including Index Ventures, Sequoia Capital, Spark Capital, SVB Capital and S Capital – and recently announced a strategic investment from three leading global financial institutions to drive further industry adoption of its proprietary platform – Citi, J.P. Morgan and State Street.
About the Person
Benjamin Townson is Vice President and Head of Product Management for Compression at Capitolis. Previously, Benjamin held various senior HR leadership roles in the industry.
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