Multi-asset trading technology provider Dash Financial Technologies has announced its latest hire, this time bringing in Venu Palaparthi, who will join the group as its newest Chief Compliance Officer and Head of Regulatory Affairs.
In his new role Mr. Palaparthi will be based out of the group’s New York office, and he begins immediately. He will be tasked with ensuring adherence to the relevant rules, regulations, and guidelines by which the firm is bound. Given the increasingly global nature of the business and a regulatory landscape that is constantly evolving, this is a greater challenge now than ever before.
Palaparthi brings over twenty-five years of experience to the role, having worked in multiple sectors such as sales, equities, and product management, among others.
Prior to joining Dash Financial Technologies, Mr. Palaparthi worked at Tagomi Holdings, NYC-based provider of electronic brokerage for investors of Bitcoin, Ether, and other crypto assets. While there he took on a variety of roles over a ten-month period, including serving as its CCO and Head of Regulatory and Government Affairs.
Announcing the appointment, Peter Maragos, CEO of Dash Financial Technologies, said: “Venu brings a depth of knowledge of securities industry regulation that is second to none, and we are thrilled to welcome him to the Dash leadership team,” said Peter Maragos, Co-Founder and CEO of Dash Financial Technologies. “Venu’s experience in compliance and regulatory affairs will be key as new regulations – in particular the enhanced Rule 606 transparency reporting requirements coming into effect in May – focus even more attention on the core tenets on which our business has been built.”
Mr. Palaparthi added: “Dash is one of the true innovators in the industry, with an extremely impressive technology platform, business model and management team. I am very excited to join the team and get to work in helping Dash continue to grow its business.”