Head of Managed Data Solutions, 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.

The Group operates from more than 60 offices in 27 countries.  We are 5,300 people strong.  We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

About Parameta Solutions

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 counterparty 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.

Role Overview

As the Head of Managed Data Products at Parameta Solutions, you will be instrumental in steering our trajectory as a premier provider of market data technology. In this strategic leadership role, you will oversee the direction and delivery of our Managed Technology Services, which include our cutting-edge Software as a Service (SaaS) and Infrastructure as a Service (IaaS) offerings.

Your core responsibilities will involve:

• Strategic Direction: Defining and executing the strategic vision for our Managed Technology Services, ensuring alignment with overall business goals and market trends.

• Product Development: Leading the development of enterprise solutions that meet the evolving needs of our clients, leveraging the latest technological advancements.

• Monetisation: Identifying and capitalising on opportunities to monetise embedded technology, driving revenue growth and enhancing product profitability.

• Market Leadership: Positioning Parameta Solutions as a market leader through innovative product offerings, exceptional service delivery, and strategic marketing initiatives.

Your leadership will be crucial in advancing our product portfolio and ensuring that Parameta Solutions remains at the forefront of market data technology, delivering unparalleled value to our clients.

Role Responsibilities

• Lead the development and execution of enterprise solutions, including direct data distribution, SaaS offerings (Trading Analytics, Independent Derivative Valuations), and IaaS solutions (enterprise-grade market data infrastructure).

• Develop strategies to monetize proprietary technology, including market data distribution and services.

• Collaborate with Sales, Marketing, Technology, and Product teams to position Parameta as a leading market data technology provider, driving adoption of DaaS and IaaS offerings.

• Foster a culture of innovation, manage and coach a team of product managers, and collaborate with cross-functional teams to prioritize product roadmaps.

• Continuously analyse solution performance, gather customer feedback, and iterate on offerings to ensure market relevance and success.

• Collaborate with stakeholders and their teams, including the PS Chief Information Officer and Chief Revenue Officer and Chief Business Operations Officer to drive strategic direction and execution.

• Establish and manage relationships with third-party content providers to leverage distribution capabilities and develop new products.

• Advocate for the role of new technologies in the financial services industry through participation in industry events and thought leadership initiatives.

• Plan, budget, and track all aspects of execution and delivery programs, ensuring agile delivery and effective project management.

Experience / Competences

Essential

• Proven experience in developing and executing strategies for enterprise solutions, particularly in SaaS and IaaS offerings.

• In-depth understanding of financial market data sales and both sell-side and buy-side use cases.

• Comprehensive knowledge of OTC cash and derivative products, trading life cycle, and their uses within front, middle, and back offices at sell-side, buy-side, and corporate institutions.

• Demonstrated ability to develop and implement strategies to monetize proprietary technology.

• Proven experience in working with cross-functional teams to identify and prioritize product roadmaps.

• Natural communicator with the ability to influence both technical and non-technical audiences, both in writing and verbally.

• Ability to act as a thought leader and advocate for the role of latest technologies in the financial services provider industry.

• Proven track record in planning, budgeting, and tracking execution and delivery programs, enabling agile delivery and ways of working.

Desired

• Solid understanding of artificial intelligence, machine learning, and data science concepts, with familiarity in various AI algorithms, frameworks, and technologies.

• Experience in managing partnerships with various stakeholders to drive strategic direction and execution.

• Demonstrated ability to build, manage, and coach a team of product managers.

• Experience establishing and managing relationships with third-party content providers to leverage distribution capabilities and develop new products.

Role Band

Functional Head

#PARAMETA #LI-Hybrid #LI-DIR

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement. 

Location

UK - 135 Bishopsgate - London