ICAP has appointed Jenny Knott as CEO, post trade risk and information services.

Knott will head the Traiana, TriOptima, Reset, Euclid and ICAP Information Services businesses.

"This is an important hire for ICAP and for the key businesses within the post trade risk and information services division. Jenny is impressive and suitably experienced, having spent her entire career in the global financial markets," said Michael Spencer.

Knott will sit on the global executive management group of ICAP, will be based in London and will report to Michael Spencer, Group CEO. From August 5 2015, she will be responsible for leading the strategic direction of the division.

Knott joins the provider of post trade risk mitigation and information services from Standard Bank Group where she held a number of roles including CEO of Standard Bank and CIB International and strategic advisor to the Group CEOs.

Previously Knott was global corporate and investment banking chief financial officer, and chief operating officer, also at Standard Bank Group. 

Before this Jenny worked at Nomura for nine years and UBS for five years.

ICAP’s Post Trade Risk and Information Services help users of financial products to reduce operational and system-wide risks. This increases the efficiency of trading, clearing and settlement and reduces costs. ICAP’s information business empowers customers to make trading decisions with market information across key asset classes.