ISLA Americas 3rd Annual Securities Finance & Collateral Management Conference

Justin Aldridge is a senior vice president of Agency Lending for Fidelity Capital Markets® (FCM). Our institutional clients are supported with investment insights, strategies, and solutions, as well as trading services available to a wide range of wealth management firms and institutional investors. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals.

In this role, Mr. Aldridge is responsible for the development and ongoing management and commercialization of the business line. Fidelity Agency Lending® was launched in 2019 to take its affiliated lending program and make it available to other asset managers, insurance companies, pension plans, and other institutions so they can leverage Fidelity’s market positioning and financing expertise.

Prior to assuming his current position, Mr. Aldridge served as the head of supply for the Global Securities Finance trading group within Fidelity’s Prime Brokerage unit. His responsibilities included creating the supply-side trading desk and managing the pricing and trading strategy for clients’ long and short activity. Mr. Aldridge was also responsible for a high-touch client service model, servicing some of the firm’s most sophisticated prime brokerage clients. He was instrumental in the development and distribution of PB OptimizeSM, a cloud-based global securities finance and treasury optimization platform for asset managers.

Prior to joining Fidelity in 2005, Mr. Aldridge worked in the Securities Finance division of State Street in its Operations and U.S. equity trading groups. He has been in the financial industry since 2001.

Mr. Aldridge earned his Bachelor of Science degree in finance from Central Connecticut State University. He also holds the Financial Industry Regulatory Authority (FINRA) Series 7, 24, and 63 licenses and is the Vice Chair of the International Securities Lending Association (ISLA) America’s board and a Director of ISLA board.

Yoshi Aoyama, Managing Director, is the global head of Trading for BlackRock’s Securities Lending business within the BlackRock Global Markets. Mr. Aoyama’s service with the firm dates back to 2003, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI he was a securities lending trader responsible for lending Asian securities. Prior to joining BGI, Mr. Aoyama worked at Morgan Stanley Japan Ltd.

Thirty years Prime Brokerage at Goldman, Lehman and J.P. Morgan.  Currently SME Private Bank for Prime and Securities Lending.

Gregg Bromberg is a Managing Director at Morgan Stanley within Financial Resource and Strategy (FRS). He is the Global Head of Firm Financing and Collateral Optimization.

Gregg Joined Morgan Stanley in 2004 as an Associate. In 2015 he took on the role of Global Head of Secured Financing based in London. In 2017 he returned to New York and in 2020 expanded his responsibility to include Collateral Optimization.

Gregg earned his Bachelor’s degree in Business Administration and a Master of Arts of International Business from the University of Florida.

Matt manages the Financing department for NBIM. His team is responsible for cash management and securities lending on the combined equity and fixed income portfolio. Prior to joining NBIM in 2002 on the Equity Trading desk, he worked at BlackRock and Morgan Stanley.

Ina Budh-Raja joined ISLA in December 2025 as Chief Executive Officer responsible for the development of ISLA’s growth strategy and overseeing its core activities to help build a more transparent, efficient, resilient and reputationally robust foundation for the market.

Prior to ISLA, Ina spent 7 years at BNY, across a number of roles including Global Head of Securities Finance Regulatory Strategy, Public Policy & Industry Affairs, where she was responsible for leading the business’ efforts to identify new opportunities in a changing regulatory environment. Prior to BNY, Ina held both commercial and legal roles across the industry over 20 years, including as managing counsel for securities finance at State Street and Deutsche Bank, covering the agency lending, principal lending, equity finance and money markets desks. Ina is a qualified lawyer with an active practicing certificate (Law Society of England & Wales) and is also a member of the Bank of England Money Markets and Securities Lending Committees and is Co-Chair of the Bank of England UK Money Markets Code Sub-Committee.

Ina was a Director on the ISLA Board from 2019-2022 and was subsequently appointed as Chair of the Board of ISLA from 2022-2025, during which time the organisation grew significantly, with Ina playing a considerable role in the establishment of ISLA’s affiliate, ISLA Americas. She also championed the launch of ISLA’s future talent initiative, ISLA Connects. As well as being ISLA’s first female Chair and CEO, Ina is co-lead of the London chapter of Women in Securities Finance.

Christel is Head of US Client Service and Relationship Management for Goldman Sachs Agency Lending (GSAL).  Christel joined GSAL in 2003 as a Client Service Analyst through the Northeastern University internship program. In 2008, Christel assumed responsibility for the US Client Services team.  Christel has played a critical role in developing GSAL’s industry leading client service model, performance analytics, and highly flexible reporting platform.  As head of the US Client Services team, Christel is responsible for client implementation and program oversight as well as numerous tactical and strategic facing initiatives.  Christel received a B.S. in Finance and Management Information Systems from Northeastern University, D’Amore-McKim School of Business.

Nadine Chakar serves as Managing Director, Global Head of DTCC Digital Assets where she oversees the firm’s digital asset technology (formerly Securrency), partnering with clients and key stakeholders to transform and evolve their operating models and create new digital asset services. She is also member of the DTCC Executive Committee.

Prior to DTCC, Nadine was Chief Executive Officer at Securrency, a provider of institutional-grade digital asset technology that was acquired by DTCC in October 2023. Before that, she was Executive Vice President and Head of State Street Digital, where she oversaw the setup of a new integrated business and operating model to support clients’ entire digital investment cycle from pre-trade, trade, and post-trade, as well as initiatives to enhance client experience. Previously, Nadine served as Executive Vice President and Head of State Street Global Markets and also held roles with Manulife and BNY Mellon.

Matt Chessum serves as the Executive Director of the Equity & Analytics team at S&P Global Market Intelligence. In this role, he leads the product specialist teams, the beneficial owner solutions services, and the academic and consultancy business segments. 

 Prior to his current position, Matt was an Investment Director at Aberdeen Asset Management. There, he was primarily responsible for managing the securities lending and collateral management activities of the firm as well as the being a member of the investment team focusing on Money Market mandates. 

 Matt is a former member of the Bank of England’s securities lending committee and a former board member of the International Securities Lending Association (ISLA). 

Matt Collins is a Managing Director & Co-Head of Securities Lending & Delta One Structured Products (DSP) Trading for the Americas at Morgan Stanley, based in New York. Matt joined the firm in 2010 and spent 8 years in London, mostly serving as the Head of Securities Lending for EMEA. Matt started his career in corporate finance at Dresdner Kleinwort Wasserstein before moving to Société Générale’s equity finance trading team in 2004. Matt has served on the Bank of England’s Securities Lending Committee and as a non-executive director for The International Securities Lending Association (ISLA) and Morgan Stanley’s strategic equity investments. Matt holds a Bachelor’s degree in Economics & Economic History from The University of York.

Alessandro Cozzani is a Managing Director and Head of Asset Optimization Group (AOG) for EMEA and APAC at Bank of America. He is globally responsible for collateral trading and funding for the Equity Division.

Alessandro leads the team responsible for funding the Equity Division as well as managing its balance sheet, capital and liquidity usage across legal entities. AOG focus on regulatory changes and requirements for the individual Lines of Business (LoB), acting as the central point of contact with Treasury and CFO Risk. Alessandro also works with Finance to implement asset and RWA targets and limits for the Equity Division. Alessandro manages and trades all these functions as a central hub, providing pricing to each LoB for their financing requirements and optimizing the Division’s inventory.

Prior to joining Bank of America in 2013, Alessandro spent 3 years at Citigroup where he headed the Americas Equity Funding Desk. Before that, Alessandro was with Morgan Stanley where he began his career working in the Equity Finance Desk.

Alessandro holds a MEng from Imperial College London. He is Deputy Chair of the International Securities Lending Association (ISLA). He is also a member of the Bank of England’s UK Money Markets Code Sub-Committee.

Claire joined the Securities Lending desk at Bank of America in 2007. During her time at the firm, Claire has been an active member of the trading team covering EMEA, Emerging and MENA markets. Her role also focusses on adapting the business in line with regulatory changes and requirements and trade positioning to optimise Financial Resources.

Prior to joining Bank of America, Claire spent 3 years at Morgan Stanley where she began her career in Securities Lending via the graduate program. Claire holds and MSc in Management Science from the University of Warwick.

Christian is a Director in the Resource Management Group at Barclays. He has experience across investment banking and specialist experience in securities financing and prime brokerage overseeing capital, leverage and liquidity. He graduated from the University of Cambridge with a degree in Economics and is formerly a CFA charter holder.

Kelly is a Managing Director at KPMG with over 25 years of dedicated experience in driving large-scale workforce transformations, primarily within the financial services and insurance industries. 

Throughout her career, she has been at the forefront of major modernization and transformation projects for leading mortgage providers, top-tier banks, credit card companies, and national and international financial services clients. Her expertise encompasses a wide range of critical areas, including digital/AI and cultural transformation, change management, and reinventing HR strategies. She has a proven track record in guiding organizations through complex initiatives such as implementing new digital infrastructures, managing risk and compliance, and analyzing strategic use cases for artificial intelligence. 

Her academic background includes a Master of Business Administration from the University of South Florida, a Master of Human Resource Development, and a Bachelor of Science from Clemson University. She is also a mom of three teenage boys. 

Frank Falanga is the North America Head of the Collateral Management Group for Prime Financial Services, based in New York.  In his role, Frank is responsible for funding Prime’s margin loan business, which provides long levered financing to Prime’s hedge fund client base.  His team is also responsible for financial resource management, including balance sheet and liquidity management.

Since joining J.P. Morgan in 2004, Frank has held roles in Technology, Agency Lending, and Prime Financial Services.  He has been involved in numerous mentoring programs, advocacy programs and is currently a North America Mobility Program Lead in Markets.

Frank holds a bachelor’s degree in Economics from Villanova University.  He resides on Long Island, New York, with his wife Danielle, and their children, Rita, Frankie, and Emilia.

Spanning almost 25-years on the sell-side, in the public sector, and on the buy-side, John brings passion and detailed expertise to various facets of the financial system plumbing.  John’s role varied from back-to-front offices in money market trading and sales at primary dealers, trader/subject matter expert analyst work at the Federal Reserve Bank of New York during and after the Great Financial Crisis, to senior hedge fund financing and treasury positions at large hedge funds over the past 12-years. 

 In his current role at Garda, John leads the Team that funds the Firm’s US Treasury, Canadian Government, agency MBS, and USD-denominated credit and EM portfolios. 

 His focus is ensuring resolute term financing of the 23-year old Firm’s balance sheet, providing thought leadership to the Investment Team and senior management on emerging themes in secured funding and financial system infrastructure, and helping nurture the Firm’s culture so that Garda’s core values fuel performance.  

John resides in Northern New Jersey with his wife, three sons, and dog. When not immersed in spreadsheets, and/or reading stacks of securities rule proposals , he enjoys fishing, playing hockey, golf, and guitar.

Jalal has over 23 years of experience in financial markets across multiple functions covering global markets and asset classes.

He is currently Head of Securities Division at SNB Capital where he has held additional roles such as Head of Custody & Securities Services, Head of Trading and Sales Trading in the Securities division since 2019.

Prior to that he held positions including Head of Institutional Brokerage, Head of Treasury, Sales Trading and Portfolio Manager for various financial institutions and listed companies in the USA, UAE and Saudi Arabia during his career.

Jalal graduated with a bachelors degree in Business Administration from Virginia Tech in 2002; he previously held SEC licenses of Series 7 and 63 in the USA, various CISI licenses in the UAE and currently an active CME license in Saudi Arabia.​

Corey Friedberg is the Global Head of Fixed Income Financing. He is responsible for the daily oversight and management of the Firm’s Rates and Credit financing with teams in New York, London, and Tokyo.

Prior to joining Millennium in 2025, Corey was the Head of the North America Client Financing Business at Morgan Stanley, where he oversaw the North America Repo Business and front-end UST Cash Trading. Corey began his career with Morgan Stanley as an Analyst in the Corporate Treasury Department in 2010.

Corey received a B.A. in Economics from the University of Michigan.

Roberto Furegato is a distinguished Product Manager and financial markets expert with over two decades of experience shaping the securities services landscape.

Throughout his extensive international career at leading financial institutions like Citibank and Itaú BBA, Roberto has built a proven track record in end-to-end product portfolio management, initially for the Latam region and now in a global capacity. His expertise spans strategic product development, market advocacy, regulatory compliance, credit, and risk management. He is widely recognized for his leadership of high-performing teams and his commitment to driving innovation that enhances client experience and value.

A CFA Charter holder with a B.A. in Business Administration from the University of São Paulo, Roberto combines deep analytical rigor with strategic vision. As a passionate advocate for Artificial Intelligence, he is focused on leveraging technology to redefine financial services. He has been at the forefront of major institutional projects, including Single Event Processing and the expansion of Brazil’s securities lending market, and is adept at structuring customized financial solutions for a diverse institutional client base.

Fran joined ISLA Americas in 2024 as Chief Executive and Head of Business, leading advocacy efforts with policymakers and regulators while collaborating with the board and ISLA EMEA on the Association’s objectives to ensure the needs and requirements of member firms across the Americas are met.

Prior to joining ISLA Americas, Fran spent 22 years at the Risk Management Association (RMA), with the last 16 focused on Capital Markets Risk and Securities Lending. His role encompassed securities lending, regulatory outreach, and various risk management functions, including funding, traded market risk, liquidity, counterparty risk, collateral management, model risk, and country risk.

Fran completed the University of Pennsylvania’s RMA/Wharton Advanced Risk Management Program as well as receiving his Master of Business Administration in Finance in addition to International Business from Philadelphia University and has a Bachelor of Science in Economics from The Pennsylvania State University.

Brooke manages the Client Relationship Management team globally for eSecLending and is responsible for leading the firm’s service model and strategy for all client programs. She also oversees the firm’s marketing and communications group. Brooke has been in the securities lending industry and with eSecLending since its inception in 2000, when she was one of the firm’s founding members that started the business. Brooke has held various senior positions at eSecLending throughout the company’s growth including Business Development, Relationship Management and Marketing and Communications.  In addition to her work with eSecLending, Brooke volunteers her time in the securities finance marketplace as well as outside of our industry. She was a founding Leadership team member for Women in Securities Finance, she serves as company Secretary for the Global Peer Financing Association (GPFA), a non-profit business association supporting global beneficial owners, and she is on the ISLA Americas Board of Directors, a non-profit industry association representing the common interests of securities lending firms in the Americas region. Brooke received her Bachelor of Arts in Business Administration from the University of Washington.  

Robert joined HOOPP in 2000 and is the Senior Managing Director, Balance Sheet & Liquidity Management. His focus is on the optimization of large portfolios of collateral for both equities and fixed-income assets and he has been a driving force in helping HOOPP become a global leader in both collateral and liquidity management.

In addition to his core responsibilities, Robert inspired the development of HOOPP’s in-house collateral management software, known as FLASH, which integrates fixed income, equities, derivatives, securities lending and borrowing, repurchase agreement and foreign-exchange trading into one cohesive platform.

Robert is also the founder of the Global Peer Financing Association and currently serves as Chair of its Board of Directors. Prior to joining HOOPP, he worked in a number of financial industry roles at HSBC, TD Securities, Bankers Trust and Deutsche Bank.

Robert has a bachelor’s degree of Commerce, Accounting and Finance from Toronto Metropolitan University (formerly Ryerson University) and is a Certified Public Accountant. He is also a member of the Canadian Fixed Income Forum.

Lara Hernandez is a Managing Director and the Head of Fixed Income Sales and Trading for Mirae Asset Securities (USA) Inc.  Lara is responsible for the firm’s global fixed income financing business and has over twenty-five years of industry experience in fixed income, liquidity management and balance sheet solutions. Lara works closely with institutions on tailored financing solutions and is an industry expert with client relationships across many sectors. Ms. Hernandez is a member of the TMPG and the FICC Advisory Council. She sits on the board of the IDTA, which works closely with the SEC, Treasury, Fed and FICC on current market conditions and proposed rule changes to the U.S. Treasury and Repo Market.  Ms. Hernandez joined Mirae in 2017 during the initial startup phase and has grown the firm to be an integral prime broker and liquidity provider to the market.  Ms. Hernandez joined Mirae from KGS-Alpha Capital Markets, where she helped establish their self-clearing operations and matched book. Previously, she was a Vice President at BNP Paribas managing $100 billion of assets, and she began her career in Bear Stearns’ NY Mortgage Sales Specialist group.  Her FINRA registrations include Series 7, 24, 52, 63 and 99.

Cherie Jeffries is the Director of Fixed Income Trading at the State Board of Administration of Florida. She is responsible for money market and cash-enhanced portfolios, long passive plus strategies, internal trading, securities lending, the Middle Office Group, and financial contracts. In this role, she implements portfolio strategy, oversees trading operations, interprets regulatory developments, supports trade settlement, and verifies performance. She also serves as a Board Member of the Global Peer Financing Association.

Previously, she served as Lead Portfolio Manager for the Florida State Treasury Investment Pool and as a balanced portfolio manager and fixed income specialist at Brown Brothers Harriman.

Ms. Jeffries holds an MBA and a BT from Charleston Southern University and is a CFA charter holder.

Jillian is a Vice President on the US Securities Lending Trading desk managing the Corporate Bond Trading book. Previously, she worked on the Supply Securities Lending team with a focus on corporates. She joined Goldman Sachs as an analyst in New York in 2014.

Jillian currently serves on the Board of Directors of the United Way of Northern New Jersey.

Jillian earned a BS in Finance and Marketing from Northeastern University, D’Amore-McKim School of Business in 2014.

Oberon Knapp joins Digital Asset after 25 years building at the intersection of securities finance, clearing infrastructure, and broader capital markets.  Most recently as Head of Strategy and GM of Securities FInance at Options Clearing Corp, and previously at State Street, eSecLending, and BBH.

At Digital Asset, Obie leads the firm’s institutional equities and derivatives strategy, partnering with the world’s most sophisticated financial institutions to build the next generation of capital markets on the Canton Network.

Farrah joined ISLA in September 2019 and in January 2026 became Head of Advocacy, Public Policy & Regulatory Strategy. 

Farrah provides invaluable support to this strategically important part of the Association’s focus, by working with the various workstream coordinators to monitor and assess EMEA financial regulations, including Tax, that have potential to impact the securities lending market. 

Farrah reviews regulatory implementation, consultations and manages industry working groups, whilst monitoring updates from policy makers & National Competent Authorities to maintain best practice documentation. 

Prior to ISLA, Farrah occupied client service and desk support roles within derivatives and securities lending middle office, as well as in asset servicing operations, for J.P Morgan Chase.

Jerry May has been responsible for the securities lending program at OPERS since February 2004.  In that role, Jerry is responsible for the direction of the lending program within designated risk parameters, and the reporting of those results to the Board.  He is responsible for the cash management function for all the plan’s internal short-term funds, totaling about $25 billion.  OPERS currently has over $140 billion in fund assets and is one of the largest public pensions in the U.S.

With over 30 years of experience in securities finance and prior to OPERS, Jerry was responsible for government and international securities lending at Bank One, having started and managed their international lending program.

Jerry has been recognized as the Steve Dimino and Ian Schneider IMN Beneficial Owner Award recipient and has been quoted or published articles in numerous periodicals on the topics of securities lending and cash collateral management.

Jerry earned his BBA in Accounting from Abilene Christian University, his MBA from Ashland University, and his DBA in Finance from Liberty University.  His applied doctoral research project was titled, “Short-Term Financing Trades Amongst Institutional Investor Peers.”

Marney McCabe is a head of relationship management for agency lending at Fidelity Capital MarketsSM (FCM), the institutional trading arm of Fidelity Investments, providing trading products and services to a wide array of clients, including buy-side institutions, hedge funds, and Fidelity’s retail, correspondent, and advisor businesses. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals.  

With 20+ years of experience, Ms. McCabe is responsible for Fidelity Agency Lending’s relationship management strategy and client experience.  

Prior to joining Fidelity, Ms. McCabe was the co-head of the global securities lending business at Brown Brothers Harriman (BBH) managing its value-based agency program and market engagement strategy. Before that, she led the Relationship Management team and had oversight responsibilities for the securities lending clients at BBH. Spending over 16 years in securities lending, Ms. McCabe has experience in developing differentiated and highly customized agency lending programs for many of the world’s largest asset managers. Ms. McCabe also worked as a portfolio manager, providing investment and wealth management services to high-net worth and small institutional clients, and as an equity research associate and international wastepaper trader. She is an active member of Women in Securities Finance and the Financial Services Women’s Executive alliance.  

Ms. McCabe earned her bachelor of arts degree in environmental studies with concentrations in economics and sociology from Hobart and William Smith Colleges. She also holds the Financial Industry Regulatory Authority (FINRA) Series 7, 24, and 63 licenses.  

Sean recently joined Charles Schwab’s Treasury organization to manage liquidity for their broker dealer and bank entities. Prior to 2026, Sean spent 25+ years in New York and London standing up secured funding and liquidity management capabilities at Wells Fargo and UBS. He began his career in Equity Finance on the Securities Lending desk at Smith Barney in 1996. 

Lauren Northrop leads Global Stock Loan Product and Americas Prime Brokerage Product at Bank of America. She is responsible for the strategic direction of the platform. Her team develops innovative solutions that balance market dynamics, regulatory requirements and profitability for the Prime Financing business. She is responsible for the daily operations of the platform, ensuring seamless coordination across business, technology and control partners.  

Lauren has been with Bank of America Merrill Lynch for 19 years, holding roles across Client Service, Operations, Product Development and Trading. She began her career in Merrill Lynch’s retail division in 2006 before moving into Global Markets.  

Lauren earned a bachelor’s degree in science from Rider University and holds FINRA series SIE, 7, 24 and 63. 

Shane Parks is a Director of Securities Finance Business Development at BNY. Shane joined the bank in July 2023 after nearly 7 years of experience at Morgan Stanley in various roles within their Securities Finance division, including strategy, sales, and trading. His expertise are in financing structures, balance sheet management, resource optimization, and strategic client engagement. 

 In his current role at BNY, Shane is responsible for the North American business development effort, with a focus on engaging new clients and complementing the bank’s existing program – which serves over 400 institutional clients, including public institutions, 40′ act funds, insurance clients, and corporations. Shane is also responsible for managing the securities finance relationships between BNY and the community of borrowers. Shane’s mission is to deliver securities finance solutions while enabling organizations to partner on strategic priorities.

Gene Picone is a highly accomplished financial services leader with distinguished career driving growth and transformation within global securities lending businesses. With over three decades of experience, Eugene has consistently delivered exceptional results in sales, marketing, financial management, and operational oversight. His expertise spans the development of strategic funding partnerships, the cultivation of robust client relationships, and the implementation of innovative market penetration strategies. 

As Global Head of Secured Funding Sales & Product at Scotia Capital, Eugene led successful initiatives across North America, Europe, and Latin America, developing multi-currency funding products and significantly expanding the bank’s client portfolio. His ability to navigate complex regulatory landscapes and forge strategic alliances, as demonstrated by his pivotal role in avoiding Peru’s MSCI downgrade, underscores his exceptional leadership. 

Prior to Scotia Capital, Eugene held key leadership positions at Wachovia and JP Morgan Chase, where he managed large-scale operations, drove substantial revenue growth, and successfully integrated businesses post-merger. His proven track record includes overseeing a $350 billion loan business that generated $200 million in revenue and leading the post-merger integration of multiple financial platforms. 

Eugene holds an MS in Economics from Pace University and a BS in Corporate Finance from St. John’s University. He also holds FINRA Series 7 & 63 licenses and has served in significant board positions, including Chairman of the Board at Equilend. Eugene’s strategic vision, entrepreneurial drive, and deep understanding of the global financial markets make him a highly sought-after leader in the industry. 

Gene is currently the CEO of P-Squared Advisory, LLC and management consulting firm and a Senior Partner with Appia Financial Services LLC an advisory broker dealer.

Jill Rathgeber is a vice president of Fidelity Agency Lending® for Fidelity Capital Markets (FCM). We offer investment insights, strategies and solutions, as well as trading services and securities finance support to a wide range of wealth management firms and institutional investors. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals.

In this role, Ms. Rathgeber is responsible for identifying new opportunities and driving the long-term strategic vision for future product lines and markets. She works directly with the head of Agency Lending and collaborates with our Product Development group to lead large-scale strategic initiatives from idea generation and due diligence to product implementation with the goal of improving client experiences and positioning Fidelity Agency Lending as an industry leader with new and unique product offerings.

Prior to joining Fidelity, Ms. Rathgeber spent 10 years at BNY Mellon as a director in the Product and Strategy group, responsible for the development of new products for all of the securities finance businesses. She also held a number of positions within State Street Global Markets’ Securities Finance division in product development, international equities trading, and various operations roles.

Ms. Rathgeber earned her bachelor of science degree in business administration from Providence College and a MBA from Suffolk University. Ms. Rathgeber is a co-founder and global chair of Women in Securities Finance and served on the RMA ESG Committee. She also has completed the SIE (Securities Industry Essentials) exam and holds the Financial Industry Regulatory Authority (FINRA) Series 7 and 63 licenses.

George Rennick is the Global Head of Tri-Party and the Head of Trading Services, Americas at J.P. Morgan. With over 30 years of experience in the Financial Services industry, George has demonstrated leadership and expertise across diverse lines of business. In his current role, he oversees the strategic direction and operations of the Tri-Party business, ensuring excellence in service delivery and client satisfaction. 

Before assuming his current position, George was responsible for J.P. Morgan’s Agency Securities Finance business in the Americas and the Relationship Management team globally. His career includes roles at Nomura, Barclays, Lehman Brothers, Neuberger Berman, Goldman Sachs, and Prudential Securities. George held leadership positions in prime finance, responsible for sales, trading, client service, and product development. 

George’s experience extends to asset management compliance, trading system design and implementation and client service and project leadership in private wealth. He began his career in operations. 

George currently sits on the ISLA Americas board of directors. He is a former board member of EquiLend Holdings LLC and the Risk Management Association “RMA” Securities Lending Council 

George holds a Bachelor of Science from The State University of New York at Plattsburgh and a Master of Business Administration from New York University’s Leonard N. Stern School of Business 

Ciro Rodrigues is an Executive Director at Morgan Stanley, where he leads the Latin America Securities Lending and Collateral Management business. With over two decades of experience in securities lending, equity financing, and client relationship management, he specializes in optimizing financing revenues, developing innovative risk mitigation strategies, and leveraging technology to drive efficiency and scalability. Ciro combines deep market expertise with a strong client-centric approach. He holds a postgraduate certificate in Financial Management and a bachelor’s degree in Foreign Trade.

Taryn Siglain is executive vice president and global head of Financing and Portfolio Solutions, State Street Markets. Taryn is responsible for leading all aspects of the strategic direction, execution, and deployment of resources for Financing Solutions, inclusive of Agency Lending, Prime Services, and Secured Financing as well as Portfolio Solutions, inclusive of Partnered Trading, Electronic Execution, and Currency Management.

Taryn joined State Street in early 2023 as global head of Prime Services. In this role, she significantly expanded the client base and accelerated revenue growth, built out the multi-year strategic road map and began execution on new product launches.

Before joining State Street, Taryn held a variety of roles during her 15-year tenure at Morgan Stanley in the areas of securities finance, investor relations, corporate treasury, and accounting policy.

Taryn is a member of the State Street Markets Executive Management Group. She is also a board member of State Street’s broker dealer – State Street Global Markets, LLC. Taryn also serves on the Board of Directors for a New York City-based nonprofit, New Alternatives for Children. She holds a Bachelor of Science degree in corporate finance and accounting from Bentley University.

Michael is head of Supply for US Securities Lending in Prime Services. Previously, he worked in a sales-trading capacity on the US Demand team covering hedge funds in Securities Lending. From 2006 to 2012. Mike worked in both the Tokyo and London offices in various Securities Lending capacities. He joined Goldman Sachs as an analyst in New York in 2004 and was named managing director in 2017.

Mike previously served on the Board of EquiLend, a financial technology company that specializes in the global securities finance marketplace. He currently serves as Treasurer of the New Jersey Golf Foundation, an organization committed to impacting lives and communities through golf with a focus on three core pillars: youth, military and special needs.

Mike earned a BS in Finance, cum laude, from Boston College in 2004.

Guido Stroemer is Co-Founder and CEO of HQLA^ᵡ and has more than 35 years of experience in global financial markets. Prior to co-founding HQLA^ᵡ, he served as Global Head of Repo Trading at UBS. Over the past decade, Guido has helped establish HQLA^ᵡ as a pioneer in on-chain collateral mobility, working with leading Tier-1 financial institutions across securities lending, repo and margining markets. He holds an MBA in Finance from NYU Stern School of Business and a BA in Economics from Hamilton College.

Jordan Tiger leads the Financial Resource Management function within BlackRock Global Markets. He works closely with stakeholders across the Global Markets ecosystem to ensure BlackRock has the capacity to support continued growth across the platform. His work focuses on optimizing the use of capital, balance sheet and liquidity, while developing counterparty strategies that support the firm’s broader objectives. 

 Prior to joining BlackRock, Mr. Tiger spent over 18 years at Barclays Investment Bank. At Barclays, he oversaw Barclays capital hedge trading programs and led the Equity Division’s liquidity, risk, and capital management trading. In this capacity, he was responsible for allocating resources and driving major RWA, Balance Sheet and Funding optimizations. 

William manages Equity Finance for the Americas for CITI, which encompasses Securities Lending Sales and Trading, and Delta 1 Sales Trading.  He has been in the industry for 36 years and has recently passed his 26-year anniversary at CITI.

Jane Wagner is a Chief Legal & Regulatory Officer for the International Securities Lending Association Americas (ISLA Americas).

In her role, Jane helps lead ISLA Americas’ advocacy agenda, engaging with regulators, central banks, exchanges, and other key stakeholders to advance recognition of the securities lending market and represent the perspectives of the Association’s members. She provides in‑depth analysis of regulatory, legal, operational, and counterparty developments across the region, and oversees ISLA Americas’ working groups as well as the development and publication of thought‑leadership materials.

Before joining ISLA Americas, Jane spent 11 years at Vanguard, where she served as Global Head of the Vanguard Securities Lending Program. She oversaw all trading, operations, and strategic development functions for the program. Earlier in her career, Jane held senior legal and finance positions on both the buy and sell side at institutions including BlackRock, Merrill Lynch, Barclays, Citibank, and ING. She has been an active contributor to the securities lending and financing industry throughout her career and previously served as a member of the Securities Lending Executive Council.

Jane holds a Bachelor of Science degree in Finance. While attending law school, she completed an internship at the U.S. Securities and Exchange Commission in Washington, D.C.

Daniel Weidman, a Portfolio Manager and Vice President at Dimensional Fund Advisors, works on a portfolio management team that oversees US small cap and mid cap equity strategies. He also manages the global securities lending program for the firm’s portfolios and meets regularly with current and prospective clients, including institutional investors, consultants, and financial advisors.

Mark Whipple is Global Head of Securities Lending at Invesco, where he manages the firm’s securities lending capabilities and is responsible for platform oversight. He also serves on Invesco’s Securities Lending Governance Committee.  

Prior to joining Invesco in 2019, Mark Whipple co-headed Goldman Sachs’ agency lending business, GSAL. He joined Goldman Sachs in 1999 and later relocated to London, where he helped establish GSAL’s international presence across EMEA and Asia-Pacific.  

Mark Whipple serves as Chair of the International Securities Lending Association (ISLA) Americas Board and is also a member of the ISLA Board in EMEA. He previously served as Chair of the Risk Management Association’s Executive Council on Securities Lending.  

Mark Whipple received a B.S. in Finance and Marketing from Boston College’s Carroll School of Management and holds FINRA Series 7, Series 24, and Series 63 registrations. 

Phil joined Citigroup in 2020 and heads the EMEA Securities Lending Trading desk.  Prior to that, Phil worked at Deutsche Bank where he held a number of wide-ranging Securities Finance leadership roles across London, Tokyo and Hong Kong. Phil is a member of the ISLA Board of Directors in Europe and is currently the Treasurer, also last year became a director of the new ISLA Americas board.

Tim Wirkus is a Portfolio Manager at the State of Wisconsin Investment Board (“SWIB”) on the Financing & Collateral Management team.  He is responsible for overseeing SWIB’s long and short securities lending and liquidity programs.  Prior to joining SWIB, he held similar financing roles for over 15 years at Oaktree Capital and Canyon Partners and has been in the securities finance industry for 20 years.  Tim earned a BA in political science at Boston College.

Nate Wuerffel is the Global Head of Market Structure and Head of Product for the Global Collateral Platform at BNY.  In this capacity, he is responsible for the development of products and services for BNY’s global collateral platform, which supports liquidity and financing for more than $7T in assets, including U.S. Triparty repo.  He is also responsible for BNY’s continued leadership in all aspects of market structure, including public-private efforts to improve financial market resiliency, navigating market structure changes especially in the U.S. Treasury market.

Mr. Wuerffel was previously the head of Domestic Markets at the Federal Reserve Bank of New York where he was responsible for carrying out monetary policy trading operations in the Treasury, agency MBS and money markets, including the design and implementation of a range of facilities and trading operations such as quantitative easing and tightening programs, the Standing Repo Facility and other balance sheet actions aimed at fostering U.S. economic growth and financial market functioning.

Mr. Wuerffel has led a variety of efforts across the public and private sectors to strengthen the U.S. Treasury market.  He was responsible for developing the annual Inter-Agency conference on the Treasury market hosted by the NY Fed and oversaw the NY Fed’s Treasury Market Practices Group (TMPG).  Mr. Wuerffel led the New York Fed’s efforts to support the transition away from USD LIBOR and was responsible for the Alternative Reference Rate Committee (ARRC).  His public remarks cover topics such as government securities market liquidity and structure, Treasury market resiliency, central clearing and the LIBOR transition.  He currently sits on the TMPG, the Advisory Council for the Fixed Income Clearing Corporation and the Volatility and Risk Institute Advisory Board of New York University Stern School of Business.

Mr. Wuerffel holds a bachelor’s degree from Valparaiso University and a master’s degree from University of Chicago.

Jennifer Xu is a Portfolio Manager at GIC’s Balance Sheet Management Group. She joined GIC in 2020 and is based in the New York office. In her current role, Jennifer manages the team’s synthetic funding portfolio. She is actively involved in exploring structured trading opportunities to optimize financing resource capabilities. She also looks after the physical lending business in the North American regions. Her areas of expertise include synthetic financing, collateral management, and financial resource optimization. Prior to joining GIC, Jennifer was an Index Trader at Deutsche Bank’s Delta One desk. She holds a Master’s degree in Economics from Vanderbilt University and is a Chartered Financial Analyst (CFA) charter holder.

Chris Zuehlke is a Partner at DRW and Global Co-Head of Cumberland, the firm’s cryptoasset business, where he leads a global team delivering deep liquidity, market expertise and innovative trading solutions to institutional participants worldwide.

A recognized leader in digital asset markets and market structure, Chris has helped build and scale businesses across multiple asset classes and market structures during his tenure at DRW.  He served as the founding engineer for DRW’s first algorithmic trading operation and most recently has played a pivotal role in building Cumberland’s institutional trading capabilities and advancing the firm’s position at the forefront of digital asset markets.

Chris serves as member of the Board of Directors of the Canton Foundation, where he helps guide the governance and development of the Canton Network, a public blockchain purpose-built for regulated financial markets. In this role, he works with leading financial institutions and technology providers to advance interoperable, privacy-preserving infrastructure for tokenized assets and next-generation capital markets.

A respected voice on digital assets, market structure and financial innovation, Chris regularly contributes to industry and public policy discussions, including having served on the CFTC’s Global Markets Advisory Committee and its Digital Asset Markets Subcommittee.

Chris earned a Bachelor of Science in Mathematics and Computer Science, with a focus on Artificial Intelligence and Cognitive Science, from the University of Illinois Urbana-Champaign.