Regulatory Compliance: Key Trends and Evolving Technology

Gary Stone is the Regulatory policy analyst and market structure strategist in the Regulatory Policy and Government Relations team at Bloomberg. A recognized expert on cross-asset market structure, he was a member of the U.S. Securities and Exchange Commission’s Equity Market Structure Advisory Committee (2015-2018). In 2014, he was named one of the top 100 most influential professionals in the capital markets by The Trade magazine.

Prior to this role, Gary was the Chief Strategy Officer of Bloomberg Trading Solutions and was responsible for identifying innovative product and market opportunities as well as building strategic relationships. His focus was on helping clients identify and solve their compliance challenges arising from new regulatory mandates, such as MiFID II.

Gary joined Bloomberg’s agency broker, Bloomberg Tradebook, in 2001 as a senior analyst, and was named Director of Trading Research and Strategy in 2004. Gary became Chief Strategy Officer in 2007.

Prior to Bloomberg Tradebook, Gary was vice president of business development and the acting CFO for Multicast Media Network, Inc. He also served as vice president and senior trader on a variety of trading desks at (BNP) Paribas Corporation, including its proprietary trading desk. He began his career as an economist in the domestic research group, and a trader, on the Open Market Trading Desk of the Federal Reserve Bank of New York.

Gary earned a Master of Science in Cyber Security Technologies from the University of Maryland Global Campus, Master of Business Administration in Finance and International Business from the Stern School of Business at New York University and a Bachelor of Arts in Computer Sciences: Mathematics and Economics from the University of Rochester.

Nader Shwayhat is Global Head of Bloomberg’s Compliance, Collaboration, and Surveillance Solutions. He is a veteran Financial Technology executive having founded and led several AI-based analytics and communication start-ups as well as leading large transformation initiatives and global product teams at CME Group, BNY, and now Bloomberg. With a focus on how collaboration, trading, and compliance all intersect, Nader is focused on delivering product and data solutions that can reduce a client’s risk while delivering genuine business insights.

Mike is the Product Manager for Bloomberg’s Transaction Cost Analysis product (BTCA). Based in London, Googe joined Bloomberg in 2009 as a Transaction Cost Analysis (TCA)Specialist. His more than 30 years industry experience in trading, execution consultancy and benchmark analytics has helped Bloomberg develop its market-leading multi-asset transaction cost analysis (TCA) tools.

Bloomberg TCA provides trading desks with performance metrics for pre, real-time and post trade. These analytics give trading desks on the sell side and buy side transparency into execution quality, as well as qualitative insights for decision support and trade surveillance activities. Under Googe’s direction, the BTCA product has grown to support analytics for global equities, fixed income, OTC and exchange-traded derivatives, foreign exchange and structured products, such as mortgages and asset-backed securities with pioneering work to incorporate exception-based workflows for delivery of outliers and insights.

Vinod Jain is a Strategic Advisor who supports the efforts of Aite Novarica Group’s Capital Markets team, focusing on institutional trading operations, post-trade processing, regulatory compliance, digital assets, and private markets. He brings over 20 years of experience in the capital markets across asset classes and has authored articles in leading publications, participated in industry working groups, and is quoted frequently in leading publications.

Areas of research are in blockchain/DLT, private markets, front-office trading technology, post-trade operations and compliance, customer onboarding, securities financing and collateral management, and vendor management.

Vivian Gomiero is the Americas Transaction Cost Analysis Sales Manager in the Electronic Trading Solutions group at Bloomberg L.P. Her team focuses on multi-asset transaction cost analytics, and compliance tools for the US, Canada, Caribbean and Latam. She has over 5 years of experience in the electronic trading and TCA space.