Key Takeaways
- • Goldman Sachs hired Matt Kilsby, former chief operating officer of Systematica Investments, as a managing director on its equities technology team, according to eFinancialCareers.
- • Kilsby had been a non-executive director at Systematica since July 2017, suggesting Goldman brought him back from semi-retirement.
- • The hire follows Goldman's October 2017 recruitment of Mike Blum, former CTO of KCG Holdings, as CTO of its electronic trading unit, signaling a broader push into electronic trading capabilities.
- • Kilsby previously spent nine years at Goldman (from 1996), rising to VP of FICC Electronic Trading, and has held technology leadership roles at Citadel, UBS and BlueCrest Capital Management.
- • Kilsby will be based in London, while Blum is based in Chicago.
Summary
Goldman Sachs has appointed Matt Kilsby, the former chief operating officer of Systematica Investments, as a managing director on its equities technology team, according to eFinancialCareers. Kilsby had served as a non-executive director at Systematica since July 2017, and the report suggests Goldman has drawn him out of semi-retirement. Systematica, launched in 2015, is a multi-strategy spin-off of BlueCrest Capital Management's systematic trading division. Kilsby will be based in London.
The appointment comes as Goldman strengthens its electronic trading capabilities. In October 2017, the bank hired Mike Blum, former chief technology officer at high-frequency trading firm KCG Holdings, as CTO for its electronic trading unit. Blum is a partner based in Chicago. eFinancialCareers also noted that Goldman is recruiting for a new team called ION, which is building trading and pricing systems from scratch for fixed income flow products.
Kilsby's career has come full circle with the new role. He began at Goldman in 1996 after completing a software engineering degree at the University of Manchester, spending nine years in technology roles spanning risk, wealth management and fixed income trading before becoming VP of FICC Electronic Trading. He then moved to Citadel in 2005 as head of European technology, joined a high-frequency trading start-up in 2009 to lead business strategy and technology, and moved to UBS a year later as MD and EMEA head of equities IT. In early 2013 he joined BlueCrest Capital Management as head of systematic technology, and when Systematica spun out two years later he became COO and CTO.
The appointment comes as Goldman strengthens its electronic trading capabilities. In October 2017, the bank hired Mike Blum, former chief technology officer at high-frequency trading firm KCG Holdings, as CTO for its electronic trading unit. Blum is a partner based in Chicago. eFinancialCareers also noted that Goldman is recruiting for a new team called ION, which is building trading and pricing systems from scratch for fixed income flow products.
Kilsby's career has come full circle with the new role. He began at Goldman in 1996 after completing a software engineering degree at the University of Manchester, spending nine years in technology roles spanning risk, wealth management and fixed income trading before becoming VP of FICC Electronic Trading. He then moved to Citadel in 2005 as head of European technology, joined a high-frequency trading start-up in 2009 to lead business strategy and technology, and moved to UBS a year later as MD and EMEA head of equities IT. In early 2013 he joined BlueCrest Capital Management as head of systematic technology, and when Systematica spun out two years later he became COO and CTO.
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