Clear Street, a New York-based independent prime broker, has expanded its technology leadership team with the appointment of Jonathan “Jon” Daplyn as Chief Information Officer (CIO) and Hari Godbole as Managing Director and Vice President of Engineering, effective immediately.
Daplyn leads the company’s 150 technologists and reports to Chris Pento, Clear Street’s Co-Founder and Chief Executive Officer. Godbole meanwhile, reports to Daplyn and oversees technology for Clear Street Derivatives, Securities Finance, and Clearing, Settlement & Custody.
Daplyn joins Clear Street from Morgan Stanley, where he was instrumental in building a global prime brokerage business and served most recently as Head of Prime Brokerage Technology. As head of Clear Street’s product and engineering organisation, Daplyn will manage and successfully implement the Company’s future roadmap.
Godbole brings more than 20 years of experience to Clear Street, including most recently at Cantor Fitzgerald, where he served as CIO of Cantor Fitzgerald Secured, CIO of Helix Financial Systems, and Chief Technology Officer of Post Trade Technology. Godbole previously served in senior roles at Citi, Fidelity Capital Markets, and JP Morgan.
Clear Street recently announced its intentions to enter the futures clearing market by acquiring React Consulting Services, LLC, and its proprietary, cloud-native futures clearing platform, BASIS. Earlier this year, Clear Street announced plans to build an investment banking business and welcomed industry experts to lead the new practice area.