Philippe Chambadal is the founder and CEO of D-Clear, a subsidiary of the investment arm of the Dubai International Financial Centre (DIFC). D-Clear acquires financial technology companies as well as lifting-out banks’ post-trade processing and reference data management units. D-Clear is building a new set of utilities to significantly reduce trade breaks and back-office costs and improve straight-through processing. D-Clear acquired SmartStream in November 2007, a trade management and financial reconciliations vendor.
Before founding D-Clear, Chambadal was the founder and CEO of MetaMatrix. MetaMatrix was recognised by Intelligent Enterprise magazine as #1 for Information Management and as one of the top 12 most influential software companies in 2005. It was sold to Redhat in 2007.
Before MetaMatrix, Chambadal was part of the team that acquired Fame from Citigroup and subsequently sold it to SunGard.
Before Fame, Chambadal had various senior management roles at Reuters and Instinet. He co-founded Reuters New Media, created the research and analytics division of Instinet, and delivered the first Windows-based trader workstation, the Reuters Terminal.