The FinClear Group
The FinClear Group encompasses FinClear, the Australian clearing and settlement provider, and FinEx, the market access and outsourcing solution company for wholesale clients.
The FinClear Group was established in 2016 to provide choice and flexibility to Australian firms requiring third-party clearing and other services around exchange-traded assets.
In October 2016 we purchased Lonsec Stockbroking, which we re-named FinEx. Through FinEx we provide a range of services for financial advice businesses. FinEx went live as FinClear’s first third-party clearing client in October 2017.
FinClear’s unique offering allows institutional trading to be cleared through BNP Paribas, and retail flow to be cleared through our own tailored boutique service. We offer banking services for institutional clients. For wholesale customers, FinEx provides a range of services to manage the complete equity investment, operational and execution process.
Management Group & Directors
David Ferrall, CEO & Managing Director
David is a highly experienced financial services executive with more than 30 years in financial and investment markets. He has built and managed businesses in Australia, Asia and Japan for companies including CBA, Shinsei Bank, JPMorgan and Citigroup.
David Hancock, Chairman
David has over 30 years of broad experience in financial services, including as CEO of listed insurer Tower Insurance Limited, Executive General Manager at CBA and senior management roles at JPMorgan across Asia. Currently serving on the Boards of Tower Insurance, Freedom Insurance and ELMO, David is currently Group Head at Afterpay Touch Group Limited.
Chris Barter, Director
Chris spent almost 20 years in senior and Partner roles at Goldman Sachs in Frankfurt, London and Moscow. He is now Managing Partner of technology investment company, CKA Capital in London. He holds a degree in Physics from Brown and a Masters in Physics from Harvard.
Joakim Sundell, Director
Kim has had an extensive career in private equity finance, investment banking and management both in Sydney and London. He is Managing Director of Crown Financial Pty Ltd, a private investment company and was a former Director of Infochoice Limited and of GBST Limited.
Ian Thomas, Director
Ian has thirty years of global experience spanning four continents, including fifteen with The Boeing Company where he served in a variety of senior leadership roles in Europe and as CEO in India, Australia and, most recently, China. Ian is Founder & CEO of Thomas Global Ventures, a US-based investment and strategic advisory firm with clients and partners in the US, China and Australia. He is a former Non Executive Director of GBST Limited.
Chris Harris, Director
Chris has over 35 years’ experience in the trading and clearing of securities in Australian and overseas investment markets. He was appointed Chief Operating Officer of BNP Paribas’ Australian stockbroking and investment banking operations in 2000. In 2002 he was a founding director of LINWAR Securities where he was Chief Operating Officer until 2012 when LINWAR was taken-over by ANZ Banking Group.
Tony Lynch Director (FinEx)
Tony is a highly experienced executive specializing in Financial Services and in particular Wealth Management, Broking and Financial Advisory. He has held senior management and board level roles both in Australia and Europe including several start-up and early stage growth companies. He previously held the position of CFO at Pershing Securities, a BNY Mellon company.
Steve McLean, Director (FinEx)
Steve has extensive experience in capital markets having raised in excess of A$50bn across numerous jurisdictions. Currently serving on the Boards of ASX listed ReNu Energy (Chairman) and Litigation Capital Management as well as numerous private companies, Steve’s career included capital markets executive roles at JPMorgan in Sydney and London.