What Happened?
New York, NY-based CLS Group appointed Ryan Dashkewich as Director of Human Resources Systems and Analytics.
About the Company
CLS enhances financial stability through the mitigation of FX settlement risk globally, playing a fundamental role in the FX market. CLS is the only means by which FX settlement risk can be mitigated with finality, using a unique combination of payment-versus-payment settlement in central bank funds, multilateral payment netting and a standard legal framework, supported by a robust and resilient infrastructure. CLS also provides the CLS Aggregation Service LLC -- a collective industry solution that delivers a trade compression service to Settlement Members, reducing operational risk and cost issues. CLS Aggregation Services is a joint venture between CLS Bank (51% owner) and Traiana, Inc. (49%), an ICAP company. In 2012, the US Financial Stability Oversight Council designated CLS as “systemically important” financial market utility. Launched in 2002, CLS settles FX trades between the following 18 currencies: Australian Dollar, Canadian Dollar, Danish Krone, Euro, Hong Kong Dollar, Hungarian Forint, Israeli Shekel, Japanese Yen, Korean Won, Mexican Peso, New Zealand Dollar, Norwegian Krone, Singapore Dollar, South African Rand, Swedish Krona, Swiss Franc, UK Pound and US Dollar Owned by 74 of the world’s leading financial institutions, CLS Group Holdings AG is the parent company of the CLS Group of companies.
About the Person
Ryan Dashkewich has over 15 years of experience as an HR management consultant and HR professional. He is currently Director, Head of HR Systems & Analytics at CLS Bank International (CLS). CLS operates the largest multicurrency cash settlement system to mitigate settlement risk for the FX transactions of its members and their customers. Prior to joining CLS, Ryan spent 10 years with Deloitte Consulting, providing consultative services to many of the world`s largest corporations, across various industries. His broad data expertise and experience includes metrics related to HR transformations, mergers & acquisitions, system implementations, process improvement initiatives and benefits & compensation. After Deloitte, Ryan spent 5 years working as an independent consultant in the energy, pharmaceutical and financial services sectors. Ryan holds a bachelor of science degree in systems engineering from the University of Pennsylvania.
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