Link Up Markets Nets Mermigidis

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Link Up Markets, a collective of ten European and African Central Securities Depositories (CSDs), has named Irene Mermigidis as managing director of the company.

Formed in March 2009, Link Up Markets comprises CSDs from Austria, Denmark, Egypt, Cyprus, Germany, Greece, Norway, South Africa, Spain, Switzerland and Luxembourg. Each participating market has access to the services of the others via a shared infrastructure.

In her new role, Mermigidis will support Link Up Markets' ongoing objective to standardize formats and procedures across securities processing.

Prior to the move, Mermigidis was responsible for product management at Clearstream Banking where she spearheaded the redevelopment of Clearstream's new generation of connectivity products.

Mermigidis speaks regularly on market standards and interoperability, business reengineering and pricing. She is also a board member of the ALMUS, Luxembourg's Community of Swift users and member of the European Swift Alliance (ESA) organization.

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