NowCM, specializing in market infrastructure in the debt markets sector, announces the appointment of Jean Safar as Group CTO. Recognized for his expertise in the design and implementation of cutting-edge distributed systems, Jean Safar brings his experience as a designer for investment banks such as Lehman Brothers, UBS and Dresdner Bank.
The appointment follows NowCM’s recent partnership with WithSecure, which highlights the company’s commitment to innovation in the financial sector. Jean Safar will focus on the integration of Distributed Ledger (DLT) and Artificial Intelligence (AI) technologies to strengthen NowCM’s position in the ever-changing financial technology landscape.
Jean Safar has experience managing DLT projects at Digital Asset, blockchain architecture at Calypso Technology, and building real-time memory technologies at ActiveVam. His professional interests lie in smart contracts, blockchain and privacy technologies in the capital markets sector.
“By integrating DLT and AI into NowDocs and NowMarkets, we aim to strengthen our position as a pioneer in financial technology and embrace the latest technology trends such as blockchain and automation,” commented Jean Safar.
Known for its cloud-native data platform and tools for secure digital workflows, NNowCM facilitates collaboration in primary bond markets. The company is also regulated by the CSSF in Luxembourg and operates as a “financial subsidiary”. With Jean Safar’s expertise, NowCM aims to stay at the “front of innovation” and improve its offerings to meet the dynamic needs of the market.