Sunil Hirani

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Sunil Hirani
Occupation Co-Founder
Employer Digital Asset Holdings
Website Digital Asset

Sunil Hirani is the co-founder, with Don Wilson, of Digital Asset Holdings, a company that uses blockchain technology to facilitate settlement between digital and traditional currencies. It was founded in 2014.

He is also co-founder and CEO of trueEX, an exchange platform for interest rate and digital asset swaps contracts.[1]

Background

Hirani also co-founded and served as CEO of Creditex, a credit swaps brokerage firm launched in 2000 and acquired in 2008 by the Intercontinental Exchange (ICE). [2]

Hirani became senior vice president and corporate development officer of ICE's Creditex subsidiary after the $513 million acquisition and was instrumental in the integration of Creditex into ICE. He left ICE in January 2010 to pursue other opportunities but continued as an advisor.[3]

In early 2012, Hirani's "other opportunity" became evident, as he petitioned the Commodity Futures Trading Commission (CFTC) to approve his new venture, trueEX, as an exchange or designated contract market (DCM) for swaps. [4]

Before starting Creditex, Hirani spent five years involved with OTC derivatives at Deutsche Bank and Bankers Trust.[5] Prior to that, he worked at Lockheed as a software engineer designing, developing and implementing software and hardware systems for NASA in Houston, Texas for the space program.[6][7]

Education

Hirani holds a bachelor of science degree in computer science from Washington University in St. Louis and attended the J.L. Kellogg Graduate School of Management at Northwestern University.[8]

References

  1. S&P Dow Jones Indices Launches Credit Spread Indices Based on S&P 500; trueEX Licenses Indices to Create Credit Spread Futures Contracts. MarketWatch.
  2. CFTC Grants TrueEX Exchange Status to Offer Interest-Rate Swaps. Businessweek.
  3. Intercontinental Exchange Announces Changes in Creditex Brokerage Management Team. ICE.
  4. Derivatives Entrepreneur to Launch Swaps Exchange. WSJ.com.
  5. Management. Creditex.
  6. Management. Creditex.
  7. Kellogg finance expertise well represented among alumni leaders in fund management. Kellogg School of Management.
  8. Management. Creditex.