R3 Lab & Research Centre
Tim is the Chief Executive Officer of R3’s Lab and Research Centre (LRC). Prior to joining R3 Tim was a Managing Director at UBS O’Connor, a leading multi-strategy hedge fund, where he was Head of Quantitative Resources, Head of Technology and was involved in fintech investing which brought him into the DLT space. Before this Tim was a Managing Director at Benchmark Solutions, a Warburg Pincus backed fintech startup where he was responsible for sales, marketing and sales engineering. Prior to that Tim was a Managing Director at UBS AG in various positions including reporting directly to the Group Executive Board as well as running the UBS Delta portfolio solutions business. Tim has a MA in Materials Science and Metallurgy (First Class Honours) from the University of Cambridge and a MSc in Financial Engineering (Distinction) from the University of London.
“The emergence of distributed ledger technology heralds an opportunity for banks and other institutions to break free from multiple generations of inefficient legacy technology and move to a future where shared records of financial agreements are automatically managed in the cloud without error. R3 is making that vision a reality.
R3 is spearheading a consortium that includes the world’s largest banks, financial institutions and regulatory bodies, working together to develop and apply distributed ledger technologies to global financial markets.
Our team of financial industry veterans, technologists and distributed ledger and cryptocurrency experts collaborate with consortium members to advance this technology to meet banking requirements for identity, privacy, security, scalability and interoperability.
We believe the impact of this technology is highly dependent on its network effect. Our industry-wide collaborative effort with a diverse and wide-ranging membership base is taking distributed ledger technology off the drawing board and into wholesale financial markets.”