SAN RAMON, Calif.--(BUSINESS WIRE)--DebtMarket, Inc., the world’s online marketplace for buying and selling loans, today announced that Keith Saxton, Director, Global Banking and Financial Markets, IBM Financial Services, has been appointed to its Board of Advisors.
“I’m pleased to have Keith join our Advisory Board. He is an experienced executive who has a deep understanding of the Financial Services industry and the role that technology plays in developing and executing business strategy; his domain expertise will help shape our domestic development efforts and global expansion,” said DebtMarket CEO Scott Walchek.
Since joining IBM in 1998, Keith has held a number of industry leadership positions spanning sales, services, marketing and strategy. In his current role he is leading the industry efforts in Europe, and in particular is working globally with regulators, central banks, supervisors, and major firms on the implications of monitoring systemic risk and addressing the demands of ongoing regulatory reform.
Previously Keith was Managing Director of Fixed Income Capital Markets at Scotia Capital Markets Europe; Director of Fixed Income and UK Board Member at IBJ International (now Mizuho); and Director of Fixed Income Trading at Deutsche Bank.
“As momentum gathers around the reform of the financial system, this is an excellent time for DebtMarket to become further established as an innovative marketplace to add transparency and liquidity to the loan market. I am excited about this opportunity and look forward to helping build on existing initiatives and drive new opportunities and adoption,” commented Keith Saxton.
About DebtMarket
Launched in 2009, DebtMarket is the world’s online marketplace for buying and selling loans. The innovative service is designed to offer a more efficient way to achieve liquidity for lenders, and direct access to deals for investors. Supporting any size portfolio, most major consumer asset classes, all qualities of risk, and any performance characteristic, the scalable online service provides an alternative liquidity path for small to medium sized lenders. Any approved institution, or qualified broker is welcome to directly buy or sell on DebtMarket. For more information, please visit www.debtmarket.com or call 866-559-4339.