02 May Transparency Task Force
Transparency Task Force appoints Scorpeo’s Sander Eijkenduijn and Jonny Ruck as Ambassadors
NEW YORK, LONDON, May 14th, 2019 – SCORPEO, a company specializing in capturing missed corporate actions value today announced that their US CEO and Co-Founder, Jonny Ruck and Co-Founder and COO, Sander Eijkenduijn, have been appointed as Ambassadors to the Transparency Task Force, a collaborative, campaigning community, dedicated to increasing transparency in financial services globally.
The Transparency Task Force believe that higher levels of transparency are a prerequisite for fairer, safer, more stable and efficient markets that deliver better value for money and better outcomes to consumers. Through correlations between transparency, truthfulness and trustworthiness, their aim is to help repair the reputational damage the financial services sector has suffered for decades.
“Our Ambassadors are individuals who are particularly well aligned to the overall purpose and mission of the Transparency Task Force, and have agreed to support the cause for greater transparency in financial services,” said Andy Agathangelou, Founding Chair at The Transparency Task Force. “Jonny and Sander bring a wealth of knowledge and experience in this space and we welcome them both to our growing team of global Ambassadors.”
“We are very privileged to be joining the Transparency Task Force and look forward to promoting and working on initiatives to provide greater transparency in financial services,” said Sander Eijkenduijn, Co-Founder and COO of SCORPEO. “The investment and pensions industries need to place greater emphasis on transparency and value for money, in line with the direction being given by governments and regulators around the world.”
Jonny is Co-founder and board member of the SCORPEO Group and CEO of SCORPEO USLLC. He has 15 years’ experience in all facets of corporate actions trading before founding SCORPEO. He was the head of corporate event arbitrage for Nomura and his previous roles include corporate event trading at Paloma Partners and Lehman Brothers.
Sander is Co-Founder and COO of SCORPEO and currently runs their Boston office. He has carried out extensive work on the fiduciary responsibility of asset managers and pension funds to maximize their returns on corporate actions and currently works with numerous US State pension funds, identifying the value lost by their asset managers. Before founding SCORPEO, Sander was responsible for Delta One Structuring at Nomura in London, having joined from Barclays Capital where he was Vice President. Sander began his career at PWC in Amsterdam.
SCORPEO is a data analytics and technology solutions company focused on missed value in voluntary corporate actions. SCORPEO provides solutions to asset managers, pension funds and custodians allowing them to capture this missed value and return it to their investors.
SCORPEO specializes in identifying and capturing the value embedded in Corporate Actions through market leading expertise and technology. SCORPEO provides services for global investors to help reduce the billions of dollars of value being missed across the industry every day. With over one million corporate actions occurring annually – many of which require an election – making optimal decision and capturing the full economic value is not easy. SCORPEO’s unique data and technology provides the solution to improve fund performance and drive investor returns.
To view the other Transparency Task Force Ambassadors click here.
About the Transparency Task Force:
The Transparency Task Force is the campaigning community dedicated to driving up the levels of transparency in financial services, right around the world.
We believe that higher levels of transparency are a prerequisite for fairer, safer, more stable and more efficient markets that deliver better value for money and better outcomes to consumers.
Furthermore, because of the correlation between transparency, truthfulness and trustworthiness, we hope and expect that our work will help to repair the self-inflicted reputational damage that the financial services sector has been suffering for decades.
We are calling for the investment and pensions industries to place greater emphasis on transparency and value for money moving forward, in line with the direction being given by governments and regulators around the world. This will be welcomed by all right-minded market participants, pro-consumer professional associations and trade bodies.