PrimeOne Solutions, a division of CoreOne Technologies, has appointed Thomas Benevento as global head of synthetic equities, reporting to EJ Liotta, head of PrimeOne Solutions.
Benevento will play a key role in identifying growth opportunities within the prime business, as the company embarks on its next phase of expansion within the ever-changing prime finance industry.
Liotta says: "Thomas is a fantastic addition to our team, given his experience and longevity in the prime finance sector, he is the perfect match for PrimeOne. Thomas brings a unique blend of experience spanning the entire breprime finance, and a very client specific understanding of the inherent needs of this particular sector."
Benevento will be responsible for managing the synthetic equity product for both existing and new clients.
From the New York office, Benevento will supervise the swaps platform in identifying market opportunities and fulfilling market needs, ensuring delivery of quality solutions, and meeting short- and long-term business goals.
Benevento says: "I'm happy to be afforded the chance to play a part in the continued trajectory of PrimeOne. This is a wonderful opportunity for me to be able play a role in the continuous development and offering of cost-effective solutions."
Benevento was previously a director at Deutsche Bank within the global prime finance group.
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