Nej D’jelal, currently global head of UBS Neo, the cross-asset banking and trading platform for institutional investors, is to join London Stock Exchange Group (LSEG) as group head of Workspace Platform on 30th May.
D’jelal will be responsible for delivering LSEG’s agenda for the Workspace platform, through the LSEG Microsoft Partnership.
Prior to joining UBS, he was head of electronic equities trading & quant prime services product, EMEA, at Barclays, and was a founding member of the Plato Partnership, a not-for-profit company comprising asset managers and broker dealers who collaborate to solve and equity market challenges, spending four years as a co-chairman.
In addition to these roles he spent five years in the equity business at Goldman Sachs.
Dean Berry, group head of trading & banking solutions at London Stock Exchange Group, said, “We look forward to welcoming Nej to the team at LSEG.”
D’jelal said, “Proud and excited to be joining LSEG. Really looking forward to meeting colleagues and re-connecting with clients.”
LSEG announced Microsoft was buying a 4% stake in the firm in December 2022 (Microsoft to buy 4% stake in London Stock Exchange (bestexecution.net)) while LSEG made a contractual commitment for minimum cloud-related spend with Microsoft of $2.8 billion over the term of the partnership.
In May 2023, LSEG signed a deal (LSEG signs long-term strategic partnership with Barclays – The DESK – Fixed Income Trading (fi-desk.com) ) with Barclays to provide access to its data, capabilities, workflow solutions and feeds, as well as supporting Barclays in its digitalisation process, cloud adoption and customer platform enhancements.
Barclays was also reported at the time as being in discussion with LSEG and Microsoft to become a member of their Design Partner Programme, which is in the process of being established following the strategic partnership that was announced between the two organisations in December 2022.
©Markets Media Europe 2023
