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  3. EXCLUSIVE: Zirpolo leaves EquiLend
People moves news

EXCLUSIVE: Zirpolo leaves EquiLend


24 October 2019 New York
Reporter: Drew Nicol

Generic business image for news article
Image: Shutterstock
Former Credit Suisse managing director Rory Zirpolo has left his role as a consultant at EquiLend.

Zirpolo joined the trading and post-trade services provider in May 2018 and was based in its New York office.

Prior to EquiLend, Zirpolo was managing director at WallachBeth Capital, a US provider of institutional execution services, for just under a year.

He also held roles as managing director and COO for securities lending at Cantor Fitzgerald from 2015 to 2017 and as global head of equity finance for Cowen Group between 2012 and 2015.

Before that, Zirpolo spent just under 20 years at Credit Suisse, which he joined in 1991 as managing director. During that period he served as a member of the Global Equity Operating Committee representing prime services within equity management.

While at Credit Suisse, Zirpolo also spent four years as a board member for EquiLend with responsibility for equity trading post-trade processing for securities lending.

EquiLend is a joint venture between several major financial institutions active in the securities finance market including Credit Suisse, J.P. Morgan, Morgan Stanley, Goldman Sachs and State Street, among others.

Commenting on his market experience, Zirpolo said that his time as a consultant for EquiLend, along with his fintech, buy- and sell-side knowledge, means that he has been able to identify 鈥渢remendous opportunities to increase revenues while simultaneously reducing expenses鈥.

Zirpolo confirmed he is currently seeking new opportunities in the securities finance space and is currently in discussions with several sell-side firms and fintechs.


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