WHEATON, IL January 14, 2015 BondWave LLC (“BondWave”) announced the addition of two new members to its senior management team. The appointees will support BondWave’s new initiatives aimed at simplifying individual bond investing through a sophisticated yet simple user experience among traders, advisors and their clients.
Michael Chintala joined BondWave as Managing Director of Product & Data Management after almost 10 years as a Senior Vice President at DPC DATA where he was responsible for securities reference and disclosure databases, managing both on and off-shore data operations, and assisting in product development and support. Prior to his tenure at DPC DATA, Michael served over 8 years as Vice President of Global Data Operations for Capital Access International, a provider of global fixed-income data solutions, building experience in global securities markets and expertise in managing large-scale reference and holdings databases.
Paul Daley joined as Managing Director of BondWave’s Fixed Information Lab after serving as head of execution and account management for SunGard’s Fox River Execution where he was responsible for overseeing trading activities in the US, Canada and Japan. In addition to managing the firm’s strategic relationships, Mr. Daley published papers on high-frequency trading, spread time series studies, liquidity modeling, dark pool trading and the nickel spread pilot program. He was also responsible for designing new algorithmic trading strategies and trading suites. Prior to joining Fox River, Mr. Daley was head of quantitative trading at UBS O’Connor, a multi-strategy hedge fund. He was also head of derivative and portfolio trading sales at Merrill Lynch and served as the global head of equity indexing at ABN Investment Management (now a part of Northern Trust Global Advisors). Mr. Daley graduated from the University of Chicago with a Bachelor of Arts in Economics, and received his MBA from the University of Chicago with a concentration in Finance.
“We are very pleased to welcome Mike and Paul to the BondWave team,” said Michael Ruvo, BondWave’s President. “Each of these individuals brings significant market expertise and valuable management experience to our team. Most importantly, both share our passion for innovation and a strong desire to transform traditional fixed income investing to a more open, transparent and empowered process for traders, advisors and their clients. We believe BondWave is well-positioned to meet this need and both Mike and Paul will be key contributors to this effort.”
BondWave LLC (BondWave™) is a financial technology company and registered investment advisor that provides solutions to facilitate individual bond investing. We serve a wide range of customers, from small independent RIAs to some of the largest broker-dealers and custody providers in the financial services industry. Traders and advisors use our tools to provide a superior fixed income experience to their clients. By creating sophisticated, yet simple solutions for all stakeholders in the investment process, we help advisors better leverage individual bonds to achieve the investment objectives of their clients. Our tools enable strategy-based investing – including portfolio creation, monitoring and rebalancing – while greatly enhancing the communications between the trading desk, advisors and their clients. BondWave is liquidity and trade agnostic and our sole focus is to provide a simple, sophisticated user experience around individual bond investing.