Roy Siddhartha
Payments

About

Presently engaged as a consultant in Clearing, Payment Systems & Risk Management – provide advice to Clearing Houses and niche software vendors developing risk management and clearing software for clearing houses. Also engaged in assisting an African Exchange in starting their Equity Futures product. Independent Director (including Chairman of Board Risk Comm) of in a CCP offering Clearing Services to a Commodities Exchange in India. Assisted a large international Clearing House in China as their International Advisor in developing their OTC Clearing products and also worked in 2016-17 as a short term consultant to World Bank Market Infrastructure Group for assisting them related to Financial Sector Assessment for Qatar.

Up until July 2015, worked as the Chief Risk Officer for the Clearing Corporation of India Lt. (CCIL);  was integral to establishing the CCIL in 2002 and was actively involved in the development of products offered by the CCIL including foreign exchange payment systems in Indian Rupee vs US Dollar and through CLS Bank;  developed in 2007 a trade repository for Interest Rate Swaps, now extended to cover other forex and interest rate derivatives including Clearing and portfolio compression for Interest Rate Swaps and foreign exchange forward trades using in-house developed technology. Retired from the CCIL in July 2015.

A professional banker, commenced career with the State Bank of India, India’s largest bank; worked for approximately 20 years in Credit, Treasury and Advisory on Risk Management and in Resource Planning & Asset Liability Management for its foreign offices & overseas subsidiaries.

Was Chairperson of CCP12 – The Global Association of Central Counterparties from May 2013 to April 2015. Prior to this, was Vice Chair of the association from May 2009 to April 2013.

Expertise

Clearing, Payment Systems, Risk Management