The 2016 Fintech Finance 35: Hyder Jaffrey

No. 30

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< Fintech’s Most Powerful Dealmakers of 2016

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30. Hyder Jaffrey
Head, Strategic Investment and Fintech Innovation
UBS
PNR

The recent resignation of UBS senior innovation manager Alex Batlin (No. 28 last year) brought Hyder Jaffrey into the fintech spotlight at the Swiss banking giant, which has gained renown as a promoter of start-up activity and an advocate of blockchain technology. “I enjoy being an instigator of change,” says Jaffrey, a six-year UBS veteran based in London. After initially working on the UBS Neo multiasset trading platform, he turned his attention to blockchain and distributed ledger in 2014. As head of strategic investment and fintech innovation, the 52-year-old currently splits his time between the investment bank and UBS’s Crypto 2.0 lab at the Level39 accelerator in Canary Wharf. “The role today focuses on business model innovation — how capital markets business models can be innovated through the use of financial technology,” he says. In August, Banco Santander, Bank of New York Mellon Corp., Deutsche Bank, and ICAP joined UBS’s Utility Settlement Coin project for blockchain-based settlement of securities transactions. Jaffrey sees the effort as part of a medium- to long-term “evolution of a market space, but it is absolutely fundamental for seeing the benefits of the distributed ledger technologies that many people are talking about now.” Separately, UBS last year held a Future of Finance Challenge, offering prizes that included $50,000 to the winning entrepreneur, algorithm testing and analysis company Aesthetic Integration. This year UBS joined with Credit Suisse and other Swiss companies in supporting a fintech initiative within Zurich’s Kickstart Accelerator. Jaffrey knows entrepreneurship firsthand. After graduating from Loughborough University in the U.K. in 1988, he went into computer systems development and consulting. Melding those skills with a growing familiarity with financial markets, in 2002 he became CEO of start-up, web-based debt issuance platform Marketpipe. In 2007 the company was acquired by data and analytics provider Ipreo; Jaffrey stayed on as global head of fixed income until 2009 — just as the fintech phenomenon was beginning to take off.


The 2016 Fintech Finance 35

Sponsored
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1. Jonathan Korngold
General Atlantic

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2. Matthew Harris
Bain Capital Ventures

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3. Jane Gladstone
Evercore Partners

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4. James Robinson III & James
Robinson IV
RRE Ventures

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5. Steven McLaughlin
Financial Technology Partners

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6. Amy Nauiokas & Sean Park
Anthemis Group

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7. Richard Garman &
Brad Bernstein
FTV Capital

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8. Gerard
von Dohlen
Broadhaven Capital Partners

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9. Darren Cohen
Goldman Sachs Group

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10. Hans Morris
Nyca Partners

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11. Meyer (Micky) Malka
Ribbit Capital

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12. Maria Gotsch
Partnership Fund for New York City

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13. Barry Silbert
Digital Currency Group

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14. Jay Reinemann
Propel Venture Partners

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15. Mariano Belinky
Santander InnoVentures

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16. Justin Brownhill & Neil DeSena
SenaHill Partners

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17. François Robinet
AXA Strategic Ventures

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18. Vanessa Colella
Citi Ventures

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19. Michael Schlein
Accion International

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20. Kenneth Marlin
Marlin & Associates

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21. Rumi Morales
CME Ventures

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22. Alastair (Alex) Rampell
Andreessen Horowitz

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23. Steve Gibson
Euclid Opportunities

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24. Fabian Vandenreydt
SWIFT

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25. Vladislav Solodkiy
Life.SREDA

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26. Gardiner Garrard III
TTV Capital

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27. Nektarios Liolios
Startupbootcamp Fintech

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28. Lawrence Wintermeyer
Innovate Finance

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29. Bina Kalola
Bank of America Merrill Lynch

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30. Hyder Jaffrey
Fintech Innovation

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31. Calvin Choi
AMTD Group

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32. Janos Barberis
FinTech
Hong Kong

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33. Jalak Jobanputra
Future Perfect Ventures

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34. Sopnendu Mohanty
Monetary Authority of Singapore

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35. Oskar Mielczarek
de la Miel
Rakuten
FinTech Fund


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