Tradeweb Markets, a global operator of electronic marketplaces for rates, credit, equities and money markets, has appointed Devi Shanmugham as Global Head of Compliance, effective 16 August, 2021.
Shanmugham is responsible for continuing to foster Tradeweb’s culture of compliance and further developing the company’s relationships with regulators around the world. She reports to Scott Zucker, Chief Risk and Administrative Officer.
“With a network that includes clients in more than 65 countries and regulated trading platforms in North America, Europe and Asia, Tradeweb plays an increasingly important role as global markets become more electronified,” Zucker says. “Devi brings with her a breadth and depth of experience in some of the world’s most complex financial markets, and we are delighted to have her as part of the Tradeweb team.”
Shanmugham joins Tradeweb from Bloomberg LP, where she was Chief Compliance Officer for Bloomberg Swap Execution Facility (SEF). Prior to joining Bloomberg in 2015, she was Assistant General Counsel at GFI Group and Assistant General Counsel at JPMorgan Chase Bank. Shanmugham spent the first decade of her career representing corporate clients for: Harris Beach PLLC; Schiavetti, Corgan, Soscia, DiEdwards & Nicholson; and Hughes Hubbard & Reed. She earned a BS in cellular and molecular biology and psychology from Tulane University and a JD from Emory University School of Law.