People moves: ETFmatic strengthens regulatory team

by , 15th January 2018

Robo-adviser ETFmatic has boosted its in-house legal and compliance capability with the hire of Justinian Boghici who joins from Clifford Chance.

Boghici is well-versed in financial and regulatory affairs having worked in the past on various aspects of European financial services regulation and the rules around capital requirements for securities and derivatives transactions.

He now brings the total ETFmatic team up to 15. The company has been up-and-running for four years and recently won the Alt-fi digital wealth manager of the year award.

The hire was facilitated by specialist recruiter JobsinETFs.

Luis Riviera, chief executive and co-founder at ETFmatic, said that Boghici’s cross-border legal and regulatory experience and his understanding of the fintech space made him the obvious choice for the new role.

“His appointment will enable ETFmatic to consolidate the regulatory side of our tech and regulatory stack, as we forge ahead with our aggressive growth plans this year,” he added.

ETFmatic provides diversified portfolios of ETFs via a direct-to-consumer website and mobile app. The portfolios are designed to match each individual investor’s risk profile and return requirements.

Boghici commented on his appointment and the potential for ETFmatic. “The robo-advice market is one of the fastest-growing in the sector and, with that comes the challenge for most firms, especially those with a pan-European presence such as ETFmatic, to ensure that they stay compliant with all the regulation being put in place.

Claud Mitrache, chief executive at JobsinETFs, added that startups such as ETFmatic needed to ensure their hires were absolutely right for the business. “The hiring process can be a daunting enough task, especially if you are looking for a very specific skill set,” he added.