NEW YORK--(BUSINESS WIRE)--Octaura, the industry-led electronic trading, data and analytics solution for syndicated loans and collateralized loan obligations (CLOs), today announced the appointment of industry veteran Jason Cohen to the position of Chief Operating Officer & Chief Financial Officer, effective immediately. In his dual role, Cohen will oversee the implementation of Octaura’s operational aspects and determine the company’s financial strategy.
Mr. Cohen brings nearly 30 years of leadership and financial technology experience to Octaura. Most recently, he was Managing Director, Product Management & Markets Operations at CME Group, where he played a significant role in leading the successful migration of the BrokerTec and EBS platforms, integrating these businesses into the CME Group. Cohen was Global Chief Operating Officer for NEX Markets prior to the CME Group acquisition.
“We are delighted to have someone with Jason’s experience join our leadership team,” said Octaura’s Chief Executive Officer Brian Bejile. “Jason is a high-impact executive with a proven track record of delivering results and creating value. He brings a compelling blend of strategic vision, capital allocation discipline, and transformational leadership abilities to the role. Jason will be a strong partner that will guide our company forward as the technology leader in electronic trading for leveraged finance and structured credit.”
Jason Cohen stated, “I am very excited to join Octaura at this point in time. I’m impressed by the team’s dedication to bring comprehensive trading solutions to the fixed income market. There is a strong need to solve for liquidity strains. I look forward to working with Brian and the team to move Octaura forward on its financial, operational and market changing transformation.”
The launch of Octuara was announced earlier this year as a company that will sculpt market structure to maximize efficiencies with its open market electronic trading platform. Octaura is currently onboarding customers and is seeking to expand the network of dealers on the platform to further drive adoption across the industry. They welcome engagement from banks and other ecosystem participants.
About Octaura
Octaura is an industry-led electronic trading, data and analytics solution initially for syndicated loans and CLOs. Founded as an independent company in 2022, Octaura represents a significant milestone in the advancement of modernizing the syndicated loan and structured credit markets through common operational criteria, automation across pre and post-trade life cycles, improved ease in transactions and advanced data and analytics. To learn more, visit octaura.com.
