Episode 156: Gil Mandelzis, Capitolis

Gil Mandelzis joins the podcast this week. Gil founded Traiana back in 2000 and eventually became CEO of EBS BrokerTec. In 2017 he cofounded another startup called Capitolis. He talks about the differences in the startup world today versus two decades ago and looks at some of the challenges facing the FX market. But before that, some news. In the News: 1:00 The Members Exchange (MEMX) names Jonathan Kellner as its inaugural CEO. What might this mean for the startup? https://www.waterstechnology.com/management-strategy/4177991/jonathan-kellner-to-lead-memx READ: Challenging US Exchanges Will be Uphill Battle for MEMX, Experts Warn https://www.waterstechnology.com/management-strategy/4082911/challenging-us-exchanges-will-be-uphill-battle-for-memx-experts-warn 3:15 State Street Corp. names Lou Maiuri as COO. What does this say about State Street’s acquisition of Charles River Development? https://www.waterstechnology.com/management-strategy/4178351/lou-maiuri-named-coo-of-state-street READ: Questions Raised on State Street and Charles River’s Boston Wedding https://www.waterstechnology.com/organization-management/alliances-mergers-acquisitions/3774631/questions-raised-on-state-street-and-charles-rivers-boston-wedding Gil Mandelzis 6:15 Gil joins the podcast and talks about his career. 11:00 Gil explains why he decided to create another company and he looks at some of the differences in starting a company in 2000 versus today. 25:15 How did the idea of Capitolis come about and what market is it looking to serve? 43:30 A look at some of the biggest trends in the FX world. 50:00 How might artificial intelligence, crypto and blockchain technologies change the capital markets? https://www.waterstechnology.com/trading-technologies-and-strategies/3528306/mandelzis-led-fintech-capitolis-raises-29-million-targets-trade-finance