Chief Executive Officer and Head of Quant Research
Co-founder and former Chief Technology Officer at Numerix, Alexander Sokol launched CompatibL in 2003. Over the course of his 18-year career as a quant and risk technology executive, he built valuation and risk models used by over 350 banks and asset managers in 25 countries, including four of the five largest derivatives dealers. Alexander contributed to a number of important advances in risk management research, including general and systemic wrong-way risk and the local price of risk. He is a frequent speaker at risk management conferences and industry events and is the presenter of a popular training course on portfolio simulation. Alexander Sokol is the author of the book “Long-Term Portfolio Simulation - For XVA, Limits, Liquidity and Regulatory Capital”, published by RiskBooks in 2014. Alexander has a PhD in theoretical physics from the L. D. Landau Institute, and is the lead maintainer of ModVal.org, a free software library for model validation.
Chief Operating Officer
Nick Haining joined CompatibL as Chief Operating Officer in January 2014 having previously spent 13 years as Managing Director of Numerix in EMEA. Nick comes with over 31 years of practical experience in the financial industry. During this time, he has held several senior executive positions within the banking industry. He started his career in 1982 at the London Chamber of Commerce as a journalist in international and financial magazines. Later he joined Samuel Montagu & Co., a British merchant bank (currently part of HSBC) within the risk and audit department. He soon moved into the trading room as a manager in the Financial Engineering Group of the Samuel Montagu parent company, Midland Bank (HSBC) and was responsible for sales and structuring of structured products. In March 1990 he joined BNP Capital Markets and took up the position of First Vice President, responsible for derivatives sales and structuring in London and Paris. Between 1994 and 1996 he was head of trading and sales, treasury, derivatives and fixed income department at SEB London. Prior to joining Numerix Nick was Head of Structured Products Marketing and Structuring at the London branch of Bankgesellschaft Berlin. Nick holds a BSc degree in Economics.