William Dulude joins Clear Street, plus new management appointments

Dan Barnes

Clear Street, the prime broker and capital markets infrastructure provider has named William Dulude as chief product officer; Prerak Sanghvi as vice president of engineering and promoted Emilio Schapira to vice president of engineering and Brent Brooks to chief design officer. They will together oversee the firm’s Product, Engineering & Design (PED) function.

“Our team at Clear Street is on a mission to improve investors’ access to the capital markets by building better infrastructure. It is an ambitious goal and to achieve it we need strong leaders to shape strategy, set priorities and guide our teams,” said Sachin Kumar, co-founder and chief technology officer of Clear Street. “I am pleased to welcome Will and Prerak and congratulate Emilio and Brent on their new roles. The Product, Engineering and Design team is a critical function, and I am confident that these leaders will help us continue to deliver for our clients and push the boundaries of what we can create in the future.”

William Dulude.

William Dulude joins Clear Street with an extensive career in trading systems, risk management, engineering, investment and operations management, account reconciliation and financial modelling. He most recently served as director of Electronic Trading Product at Galaxy Digital, and before that was global head of operations at Tagomi. He has also held senior roles at Tower Research Capital, KCG Holdings, and Courant Capital Management. In this new role as chief product officer, he will be responsible for running product strategy at the enterprise level, as well as overseeing product development for all of Clear Street’s business segments.

Prerak Sanghvi will be joining Clear Street in June, bringing experience in electronic trading, equities, trading systems, engineering, capital markets, market data and risk management. Most recently, Sanghvi served as CTO of Proof Trading. He previously served as head of venture technology at IEX Group, and has held senior roles at RBC Capital Markets, Myrias, and Bank of America Securities. In this new role as VP of Engineering, Sanghvi will oversee Clear Street’s Product, Securities Finance, Risk, Electronic Execution Services and Fact Data engineering teams.

Emilio Schapira is being promoted after serving as the company’s engineering lead for clearing, custody and infrastructure since November 2021. In his new role, Schapira will oversee the Clearing, Data, Research & Analytics, Control, and Infrastructure engineering teams, as well as several other horizontal teams that are in incubation stages. Prior to Clear Street, Schapira served in lead engineering roles at Waze and the Google Cloud Platform.

Brent Brooks enters into his new role after joining Clear Street last year as the company’s head of design. Brooks has built a team of designers that work across different functions, balancing a long list of needs and visions while endeavouring to deliver.

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