VP, Head of Benchmarks & Indices - Parameta Solutions

The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data solutions. The Group is home to a stable of premium brands.

Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform. Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

Parameta Solutions is the Data & Analytics division of TP ICAP Group. The business provides clients with unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmark and indices, and pre and post-trade analytics. Its post-trade solutions offering helps market participants control their counter party and regulatory risks through a growing range of tools that manage balance-sheet exposure, as well as compression and optimisation services.

The Data & Analytics division includes the following brands:
Tullett Prebon Information, PVM Data Services, ICAP Information and Burton-Taylor Consulting.

The Head of Benchmarks & Indices will own Parameta Solutions’ global Benchmarks & Indices business, operating as a full profit-and-loss (P&L) owner with end-to-end accountability for its strategy, commercial performance and delivery. The role sets the strategic direction for the franchise and provides the intellectual, managerial and commercial leadership required to grow revenue, deepen client relationships and scale investible index and benchmark solutions across asset classes.

This is a senior leadership role with direct line management of the Benchmarks & Indices research and design, technical development, operations and sales specialist teams. It also leads cross-functional teams drawn from sales, marketing, data engineering, development and governance, aligning them behind a single roadmap and holding the pen on the commercial and strategic priorities for the business. The role is ideally suited to a proven business leader with a strong quantitative and index pedigree — combining deep expertise in index methodologies, alternative risk premia and multi-asset solutions with a track record of running a commercially successful data or index franchise.

You will act as the firm’s most senior representative for benchmarks and indices, internally and externally, and as the ultimate owner of the proposition, its governance and its P&L.

• Own the Benchmarks & Indices P&L, with full accountability for revenue growth, cost management and commercial performance against plan.
• Provide intellectual, managerial and commercial leadership to the business as a P&L owner, partnering effectively with dedicated technology, data engineering and infrastructure teams.
• Identify, size and prioritise new revenue opportunities across the benchmark and index space, developing robust investment cases that weigh build, buy and partner options to secure the fastest route to market.
• Lead business planning and budgeting for the franchise, allocating resources effectively, monitoring financial performance and making strategic investments that drive growth.

• Define, own and execute Parameta Solutions’ global Benchmarks &…