Fintech company Capitolis today announced the appointment of Richard Schiffman as Chief Product Officer.
Reporting to Gil Mandelzis, CEO and founder of Capitolis, Mr. Schiffman will be responsible for defining the company’s product strategy and delivery roadmap to meet market needs and scale the business.
Mr. Schiffman brings over 30 years of experience at the intersection of product, strategy and technology at global financial services companies. He has built and operated transformative businesses and led high-impact product development teams that delivered innovative technology solutions.
Mr. Schiffman joins Capitolis from MarketAxess (NASDAQ:MKTX), where he was its first employee and was instrumental in building the company into an industry leader, helping to grow it through a successful IPO. During his more than 20-year career at MarketAxess, Schiffman has held roles including Chief Technology Officer and, most recently, Global Head of Trading Solutions, responsible for product development as well as the firm’s investment grade, high yield, municipal and open trading businesses.
Previously, Mr. Schiffman was CEO of BlackRock Financial Management. Earlier in his career, he was Vice President and Head of Fixed Income Technology Research at JP Morgan.
“Capitolis is poised for its next phase of hyper-growth thanks to exceptional scaling over the past few years, and Rich is the proven leader we’ve been looking for to drive our product roadmap and delivery,” said Gil Mandelzis, CEO & Founder, Capitolis. “Rich has built an impressive career leading product and technology at prominent financial institutions. He has experienced growth from day zero through hyperscale, IPO and operation to a public, world-leading company. His track record of building innovative products will help accelerate Capitolis’ next phase of growth and expansion.”
“I am thrilled to join Capitolis at such an exciting time in this company’s journey,” said Richard Schiffman, Chief Product Officer, Capitolis. “I look forward to working closely with the entire team and our customers to deliver world-class products that help Capitolis continue to grow and scale, meet market needs and advance the company’s vision of creating safer and more vibrant financial markets.”