OTC Product Development Lead (APAC)
Hong Kong and Shanghai Banking Corporation Ltd (HSBC)
Mr Mark Naisbitt joined HSBC in January 2015 as the OTC Product Development Lead for APAC, covering all OTC Clearing for the region. He manages all clearing initiatives in APAC as well as all relationships with the clearing houses in APAC.
Mr Naisbitt is originally from the UK and has worked in senior financial technology roles in the Asia Pacific, UK and the US. He draws on deep subject matter expertise in both the pre- and post-trade environments as well as trading architecture and has proven skills in implementing global trading and risk platforms.
Mr Naisbitt has led implementations of complex OTC trading platforms at major commercial and central banks throughout the Asia Pacific region as well as in the UK and US. He has extensive implementation experience with multiple vendors including Murex, Calypso and Mysis. He also has extensive experience setting up new businesses including the establishment of a major London-based hedge fund.
Prior to joining HSBC, Mr Naisbitt was the product head for DTCC’s Global Trade Repository (GTR), in particular developing the support capability in APAC. Prior to joining DTCC, he was the Asia Pacific Professional Services Director for Calypso Technology leading some of the biggest projects in the region. Most notably, he led the implementation of a Central Counterparty Clearing (CCP) solution at a major regional clearing house working closely with industry participants and the exchange to successfully deliver a comprehensive solution.
Mr Naisbitt graduated from the University of London.