Starting 2024 with a bang, we are thrilled to announce that one of our Senior US leads, Philip Cook, has joined Tonic on a permanent basis as our Global Head of Post-Trade, based out of Chicago.

Phil joins our growing team of Tonic Domain Ninjas, a select group of industry practitioners, as we continue to expand our expertise-led model into high-focus areas across capital markets.

In his role as Head of Post-Trade, Phil will build tailored post-trade solutions for our clients, driven by key market challenges and regulations, in order to accelerate their business and commercial goals.

Watch this space for More on Tonic’s post-trade services, covering our clients’ strategy and transformational needs across settlements, custody, confirmations, reconciliations, regulatory reporting, pricing, fund admin, the full post-trade lifecycle and More.

This is another key step for Tonic and our growing, expertise-led global footprint.

Phil shared that “I am very pleased and honoured to begin my role as Head of Post-Trade at Tonic, and I look forward to continued excellence in delivery and collaborative solutions for the next year and beyond. As we move into T+1 settlement, US Treasury Clearing, needs for operational efficiency and resilience, and further regulations including SEC 10c-1, there is a lot of ongoing transformational change across post-trade and I'm excited to partner with our clients on value-add projects.”

Chris Watts, CEO & Co-Founder of Tonic, stated “It’s awesome to have Phil become a permanent part of the Tonic family, as our new Head of Post-Trade. Phil’s post-trade expertise across derivatives and custody is super strong, built up through years of practical, on-the-ground experience across major firms. We can’t wait for him to share his insights with a wider set of clients in Americas and globally, to accelerate their post-trade goals.”

More About Phil

Phil is a genuine Tonic practitioner, with 20+ years of capital markets and custody experience under his belt covering full post-trade, derivatives and collateral.

In a previous life, Phil held the role of Head of Implementations at Northern Trust Hedge Fund Services, as well as Head of Derivatives & Collateral Operations at PPM America.

On a more personal note, Phil is a keen musician who plays multiple instruments and is also part of a men’s league ice hockey team!

For any post-trade queries, please reach out to Phil at philip.cook@thetonicconsultancy.com

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