Mikael Lundqvist
CTO / CISO
Experience
Jul 2024 - Present
1 year 1 month Lippstadt, Germany
CTO / CISO
troy gmbh
- CTO, member of the Board, leading the technology transformation of a FinTech that has re-invented debt collection.
- Formulated and implemented a comprehensive technology strategy that supported and accelerated the company’s long-term business objectives, ensuring optimal alignment with evolving market demands.
- Led initiatives to integrate cutting-edge technologies, evaluating their potential impact on efficiency and scalability to support the organization’s long-term growth strategy.
- Spearheaded innovation initiatives that drove a 45% improvement in customer relationship management efficiency by fostering a culture of continuous technological advancement and improvement, using AI to automate processes.
May 2020 - Present
5 years 3 months Åsljunga, Sweden
Consultant Digital Transformation & Trading Technology
Lundqvist.tech
- Strategic Consultant at CxO level for several banks & NeoBrokers with regards to:
- Digital Banking, Innovation & Agile Transformation
- Trading Technology Change Programs (e-FX / FIS Front Arena / Murex …)
- Bank (Tier 1): Consultant to COO Markets regarding Strategic transformation projects.
- Fintech: Delivery Manager: From scratch development of an online Digital Banking & Trading platform (Pre & Post-trade) for Securities, Crypto, FX & CFDs. (APIs, FIX Protocol, Kafka, Containers, AWS, SaaS, Cloud Services).
- Bank: Advisor for Digital Transformation
- Bank: PM - Executed a very smooth FIS Front Arena Platform 2021.3.5 upgrade.
- NeoBank: Consulting, Digital Banking & Agile Transformation, TechOps re-org, review of SDLC
- Bank: Review of Innovation process and strategic advice regarding agile methods.
Dec 2016 - Dec 2020
3 years 1 month Copenhagen, Denmark
Director - Head of e-FX & Trade Processing Technology
Nordea Markets
- Reported to the CTO Trading and led all the FICC (Fixed Income, Currencies, and Commodities) technology & digital strategy, development, and operations teams for Capital Markets & Treasury, incl. Forex Front & Middle office. Responsible for the development and delivery of a world class FX Trading platform. Ensured that the business technology strategy and roadmaps were developed to enable business to achieve its objectives.
- Achieved the objective to become the best e-FX platform in Scandinavia. Built, led, mentored, and developed 7 talented teams totalling more than 60 people, distributed across 6 countries, and completely re-build a state-of-the-art, highly available FX Technology platform. Implemented several innovative service offerings like Customer FX Algo suite, AutoFX and APIs.
- Stakeholder management on C-level
- Own the technology vision and strategy, Operations, Software Development, Testing, Infrastructure
- Responsible for all Front & Middle Office FX Systems (Markets + Treasury) plus payments infrastructure, more than 30 Business Critical applications incl. In-house developed and 3rd Party: Broadway Technology, Barracuda FX, D3, ION, WallStreetFX, Murex, Refinitiv Electronic Trading…..
- Full FX trade lifecycle (Pre-, Trade & Post-Trade), cross-border and payment flows.
- Programs, budgets, innovation, Vendor Management & Fin-Tech collaborations
- Ensured that all the platforms were designed to be highly resilient, flexible, scalable, performant, and secure.
- Responsible for Digital Channels, APIs (FIX Protocol, REST, WebSocket, Open Banking), Liquidity Aggregators, Price Generation & Streaming (RfS & RfQ) Trade / Order Management, Execution and Distribution, Algo Engines, Algo Execution, Real-time Position, Liquidity & Risk Management, Auto hedging, post-trade workflows, Cash Management, Payments, Collateral, Positions, Risk, Settlements, RPA, Internal Interfaces & Web Portals … …
- Products: FX Spot, NDFs, SWAPs, Time Options, MM…
- Regulatory compliance (MiFID2, Global Code, PSD2…)
- Rebuilt teams that were completely dismantled at arrival, scaled up the teams massively, and created several high performing agile teams.
- First in the bank to be approved for intra-day releases (at arrival: 1 release every 2-3 months) on business-critical systems by building a DevOps team and transforming the division to agile (SAFe).
- Introduced: CI/CD, Containers, Microservices & Hybrid + Private Cloud
- Successfully moved/implemented several key low-latency components to Hybrid & Private Cloud.
- Factor 5 increase in availability of the platform in 9 months by introducing "Design for Failure" and personally investing huge effort into finding and resolving root causes.
- 8 times shorter issue investigation times by Implementing (hands-on) Splunk.
- Saved 20% of infrastructure costs while doing a total refresh of Hardware (140 Servers) and new Datacentre.
- Reduced costs by 1M€/year and increased functionality by successfully replacing OMS in 6 months.
- Decommissioned 20 legacy software components.
- Successfully replaced 30 legacy low-latency components with new in-house developed microservices.
- In only 7 months successfully developed (greenfield) and introduced the first Customer FX Algo Execution Offering in Scandinavia starting the project years after main competitor and going live during the same month giving the bank an additional revenue stream.
- Driver of Innovation culture: First in Scandinavia to offer FX APIs via Open Banking (PSD2), Developed "AutoFX" for Corporate Cash Management (winner of innovation award).
Nov 2015 - Nov 2016
1 year 1 month Zürich, Switzerland
Delivery Manager Murex – Securities and Treasury Ops IT
Credit Suisse
- Leader for Murex & Treasury IT Operations and Development with cross discipline geographically dispersed (CH, US, India) technology teams with more than 40 people, both on and offshore.
- Development and Operations of Murex MX.3, in-house components, and Treasury system (mainframe)
- Lead: 2nd/3rd Level Support, BA, Development, Quality Assurance and Deployment Teams.
- Business stakeholder management on senior level
- Managing the overall program setup (BoW), scoping, structuring of delivery and execution
- Products: Equity Derivatives, FX Options and PM Options
- Ensuring the continuation of the bank's systemically important functions in case of a threatened insolvency.
- Achieved a 30% increase of the software development efficiency while at the same time increasing the code stability by coaching and developing high-performing technical teams.
- Introducing Lean/Kanban and completely re-organized the SDLC process.
- 50% reduction of production incidents after 6 months.
Mar 2015 - Oct 2015
8 months Zürich, Switzerland
Chief Operating Officer -Ad Interim
Lykke AG
- Co-Founded the FinTech Lykke to build a global crypto exchange utilising DLT (distributed ledger technology) & Blockchain that would offer the possibility of issuing and trading anything as a digital asset.
Jul 2013 - Feb 2015
1 year 8 months Oslo, Norway
Manager - Merger and Acquisition
Oslo Clearing ASA SIX-Group
- Manager of the acquisition and merger of Oslo Clearing ASA (Derivatives CCP clearing) by SIX x-clear AG (Pan European Multi-Asset Clearing).
- Engagement with Board & C-Level stakeholders and chair relevant steering committees
- Due diligence
- Led coordination of 12 different workgroups (Norwegian Team, M&A, Legal, HR, Accounting, Reporting, IT, Tax, Client Relationship, Risk, Treasury, Invoicing), 16 direct and around 35 indirect reports.
- Management of regulatory permits (EMIR, cross-border licences, FINMA, SNB & Norwegian Authorities)
- Executed the Merger with approval by SNB, FINMA, Ministry of Finance (NO) and FSA on the 1 st of May
- Technical strategy & integration of 2 vastly different clearing platforms, move to Private cloud hosting.
- Successfully transferred all Oslo clearing ASA customers to the new legal entity.
Barcelona, Spain
Chief Information Officer & Co-Founder BioTech
BrainIT
- Entrepreneur with the objective to bring the first "Brain Computer Interface" (A system to control a computer by brain activity) to market. The system was using ML and AI far ahead of its time.
Ispra, Italy
Project Manager and Researcher
European Commission - Joint Research Centre (JRC)
- Project Manager and researcher at the nuclear research plant of the European Commission at ESTI (European Solar Test Institute) and ISIS (Institute for Systems, Informatics and Safety).
- Developed a device that can control a PC by brain activity (ABI Adaptive Brain Interface) with several Patents. Prototype demonstrated live at several conferences and TV articles on CNN & BBC.
- Designed and built an extremely high precision Laser Beamed Induced Current Photovoltaic cell scanning system with a precision of under 5 µm.
Corsico, Italy
Manager – Customer IT Services
IKEA
- Built and led the customer IT Service Department
- Designed and implemented the first home delivery service of IKEA.
Neuchâtel, Switzerland
CIO
MIG Bank SA
- Reporting directly to the CEO and part of the Executive Management, hired to build-up the Corporate IT team from scratch and shortly promoted to additionally take over the responsibility for the e-Trading Technology group becoming responsible for the whole IT of the Bank. Successfully led, initiated, and managed an extremely challenging list of concurrent and correlated programs to build the complete IT of a bank from the ground up and under extreme time pressure. Monthly FX volume of > 60 billion CHF
- Masterminded the company's trading technologies and guaranteed the delivery of state-of-the-art applications as well as to manage and coordinate deliveries with external providers.
- Responsible for all aspects of Trading Technology and Corporate IT.
- Identify and develop a global technology strategy for all solutions and projects needed as part of the overall corporate strategy. Define the platform Roadmap, plan, and software lifecycle.
- Led the support, operations, infrastructure, and development teams.
- Designed and established projects and implementation plans, progress reports and recommendations for improvement of processes, definition of PMLC & SDLC
- Assured that technology infrastructure, applications, security, and the related processes where fit for purpose, define the technology stack.
- Created and proposed outsourcing strategies, RFQs, selection and management of vendors / providers, contracts, agreements, SLA's, Vendor relationships.
- Management of Prime Broker and Liquidity providers, Liquidity Management, and exposure monitoring / automatic hedging.
- Scaled up, trained, and led the team from 2 to 70 people in 1 year to accommodate the banks expansion.
- Built and maintained a stable FX environment for >60'000 Clients (across the globe) and >240'000 FX tx / day.
- 30% Increase of profits by developing a real-time Exposure & Risk management system for FX and CFDs.
- Developed FIX Protocol & RESTfull connectivity APIs and introduced Customer FIX Post-trade reporting.
- Developed a SOA platform for the real time integration of all trading platforms (4), Liquidity providers (16), Core Banking system, Exposure Monitoring, CRM & ECM, Risk Management, Reporting…
- Successfully Implemented a Core Banking System (FIS Ambit) from scratch in record time (<1 year) !
- Actively supported the process of obtaining a Swiss Banking license making MIG the First Forex broker to have obtained one by FINMA as well as a Securities Dealers License.
Zürich, Switzerland
Head - Cross-Asset Single Dealer Platform & APIs
ZKB (Zürcher Kantonalbank)
- Led the design and development of a greenfield program to develop a Cross-Asset online (SDP) Trading platform "eTrading Pro" for Structured Products, Forex and Securities. The futuristic platform enhanced ZKB's B2B clients (Investment Banks, Cantonal Banks, and Asset Managers) digital experience giving them access to the full spectrum of trading services via internet.
- The vision of the technology strategy to go beyond the business objectives.
- Built & Led 6 Teams of more than 120 people (Developers, Structured Products, FX, Securities, Common Services, IT Infrastructure), management of internal and external resources.
- Technology strategy, Vendor selection and relationships
- Owned budgets, Operational Risk, Compliance, Legal, SLAs
- Design of internal and external Business Processes
- UX Design, Business and Client Requirements.
- Successful go-live on time and budget in April
- Delivered a best-in-class cross asset online (HTML5) real-time trading platform that was far beyond the bank's expectations.
- 30% shortening of the estimated program duration by being the first to introduce agile methodology.
- Thanks to strong technical, interpersonal and relationship management skills, managed to align requirements from different departments and asset classes, broke 3 competing organisational silos.
- Rebuilt the full structured products backend, from a Request-reply to a streaming real-time architecture.
- Led the conception of a single cross-asset service organisation ("Change the Bank").
Summary
Seasoned Chief Technical Officer with 20+ years of experience in digital transformation and trading technology within banking and fintech sectors, adept at leading teams of over 120 individuals and enhancing operational efficiencies, demonstrated by achieving 8x faster issue investigation and 20% cost savings. Successfully built IT infrastructure for a Swiss bank from scratch and delivered leading FX trading platforms, underscoring expertise in technology development and innovation.
Languages
English
Advanced
Swedish
Advanced
Education
European Commission
MBA, Entrepreneurship · Brussels, Belgium
Università degli Studi di Milano
Bachelor of Science · Computer Science · Milan, Italy
European School
European Baccalaureate · Economics, Languages & Computer Science · Varese, Italy
Certifications & licenses
Scaled Agile Certified SAFe 5 Agilist
Scaled Agile
Scaled Agile Certified SAFe 5 Product Owner Product Manager
Scaled Agile
Scaled Agile Certified SAFe 4 Product Owner Product Manager
Scaled Agile
Scaled Agile Certified SAFe 4 Agilist
Scaled Agile
Certified Scrum Master
Front Arena Certified Application Manager
Front Arena
Capital Markets Training for Technical Staff
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