FOR IMMEDIATE RELEASE: Treliant Expands Global Markets Service Area, Adding LIBOR Specialist David E. Wagner
Media Contact: Scott Fisher: 202.627.6445
Washington, DC – DATE – Treliant has appointed David E. Wagner as a Senior Advisor in its Global Markets service area, to assist clients during the current transition in interest rate benchmarks from the London Interbank Offered Rate (LIBOR) to alternative benchmarks. David has been a fixed income market practitioner for 29 years, in roles ranging from underwriting and investment banking to structuring, marketing, and trading complex derivatives.
Prior to joining Treliant, David held several positions at the Royal Bank of Scotland, including on the U.S. management team, the Board of RBS Securities Inc., the Board of Tradeweb, and as the RBS representative to the Federal Reserve’s Alternative Reference Rates Committee (ARRC). As an RBS Markets Manager, he executed strategic transformations including conversion from a U.S. branch to a U.S. representative office; hybrid outsourcing and offshoring of securities processing technology and operations; conversions of local risk engines to global integration; and upgrading of machine-based electronic trading systems.
“The global financial system’s move away from the LIBOR interest rate benchmark to a new standard will have far-reaching impact, affecting mortgage banks, credit card issuers, corporate lenders, traders in interest rate derivatives and futures, and others,” said Treliant Principal Graham A.D. Broyd. “As we expand our Global Markets service area, David will provide unparalleled knowledge and experience in LIBOR risk management and other pressing issues in global banking and trading.”
“Treliant quickly got ahead of the LIBOR benchmark issue, helping its clients prepare for what is a complex and critical transition that presents significant risk,” Wagner said. “I look forward to taking up this challenge with Treliant’s clients.”
Treliant provides financial services companies, consumer-oriented businesses, and non-financial services companies across the globe with trusted advisory services and specialized, high-quality business solutions. We are banking practitioners, business operators, and risk and compliance experts. We know first-hand the regulatory compliance challenges and business operations issues that our clients face.
We focus on our client’s most pressing concerns including risk management, regulatory compliance, global financial crimes, mortgage operations, financial markets conduct, fair and responsible banking, litigation support, cybersecurity, and wealth management. We serve banks and thrifts, mortgage and specialty finance companies, RegTechs and FinTechs, alternative financial services companies, securities and investment firms (including broker-dealers), credit unions, insurance companies, and we often partner with law firms. Treliant is headquartered in Washington, DC with offices in New York and Dallas. For more information, visit www.treliant.com.