Press release – EuroCTP appoints leadership and achieves a key milestone in its development
Eglantine Desautel appointed as CEO
Timo Pentner appointed as CTO
(Amsterdam, 5 December 2023)
EuroCTP, the company dedicated to the provision of a consolidated tape (CT) in the European Union, announced today that it has appointed Eglantine Desautel as Chief Executive Officer (CEO) and Timo Pentner as Chief Technology Officer (CTO).
After the incorporation of the company on the 23rd of August this year, these two appointments mark a key step in EuroCTP’s establishment and reaffirm its objective to participate in the selection process of an Equities and ETFs consolidated tape provider (CTP) run by the European Securities and Markets Authority (ESMA).
The design and implementation of a consolidated tape represents continued efforts to increase market data transparency at EU level under the revised Markets in Financial Instruments Regulation (MiFIR).
“I am delighted to welcome such outstanding profiles as Eglantine to lead EuroCTP and Timo as CTO” said Jorge Yzaguirre Scharfhausen, chair of EuroCTP’s supervisory board. “After a long and thorough selection process, involving candidates from varied backgrounds, I am convinced that we have made the perfect choice for these two roles. Given the skills both Eglantine and Timo have displayed throughout their respective careers, I am confident they will be successful in their future missions.”
Eglantine Desautel, CEO of EuroCTP, commented: “I am grateful for Jorge and the board’s trust, and thrilled to lead the development of a company aimed at running the European consolidated tape for equities and ETFs. I look forward to contributing to the European Commission’s project to develop the Capital Markets Union by fostering transparency and access to market data for all stakeholders. I am also happy to start this adventure along with the talented Timo, as a CTO.”
Timo Pentner, CTO of EuroCTP, added: “I am excited to join EuroCTP as CTO. I look forward to overseeing the implementation of efficient technological solutions which will sustain our business and serve the needs of the European market community.”
Eglantine Desautel previously served as Head of Market Operations and Digital for Euronext, a leading pan-European market infrastructure. She joined Euronext in 2011 and has since held several positions of responsibility. Most notably, Ms. Desautel was Chief of Staff to the Group CEO (2014-2015) and was leading the development and implementation of a brand-new trading system leveraging state-of-the-art technologies (2015-2018).
Timo Pentner has extensive international experience in the FinTech and financial market sectors and joins EuroCTP from CerQlar, a global energy transition enabler which aimed to actively shape environmental commodities markets. He founded CerQlar in 2020, a SaaS platform designed to support energy wholesales market participants’ activities across Europe. He also held the positions of Product Group Manager and Global Head IT at Flow Traders (2018 – 2020), of VP, Technology Operations & Platform Owner at FIS - InvestOne (2015-2016) and of Chief Operating Officer at Optionscity Software Inc. (2013-2015).
EuroCTP B.V. is a Dutch company dedicated to providing robust and compliant real-time consolidated tape for shares and ETFs, servicing European investors. EuroCTP B.V. is committed to fostering transparency, fairness and access to market data among investors globally.