Chris Rayner joins ISLA 02 March 2022UK Reporter: Carmella Haswell
Image: ISLA
The International Securities Lending Association (ISLA) has announced the appointment of Chris Rayner, who joins the organisation as a senior associate for market infrastructure and technology within the Regulation, Digital and Market Practice group.
Rayner joins ISLA to further bolster a number of digital and standardisation efforts across Europe with its members, fellow trade associations and industry stakeholders.
He will report to David Shone, director of market infrastructure and technology.
Based in the UK, Rayner will be responsible for supporting the Association鈥檚 development of securities lending products within the Common Domain Model (CDM).
The CDM is a standard codified representation of transactions, events, agreements and processes, and is a key initiative to digitally transform the industry, says ISLA.
Rayner will also chair the CDM Working Group, which was formed from a subset of the ISLA Digital Steering Group.
Prior to joining ISLA, Rayner was a software engineer specialist at FIS and accomplished more than 25 years of experience in the financial services industry.
Commenting on the announcement, Shone says: "Hiring Chris represents the next stage in our commitment to the development of the CDM at ISLA. This hire will allow us to industrialise the process we followed for the MVP released last year, and maximise value for our members. As well as developing the model further in areas such as evergreens, Chris will be looking at practical ways to help our members begin to use the model, hopefully leading to the incubation of future contributions from our members."
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Image: ISLA 