New York, NY – October 2, 2023 – LiquidX, a leading global fintech platform offering the only complete end-to-end digital solution for global trade, announced today the appointment of Art Certosimo as Interim CEO. With over three decades of experience in finance, Certosimo steps into this role in addition to his current role as LiquidX’s Chairman of the Board.
Jim Toffey, CEO of LiquidX (“Company”) since 2016, will be transitioning to a new role as Executive Chairman. In his new role, Jim will continue to advise the executive team ensuring his vision for and impact on the trade finance business will endure. He will remain on the board of directors.
“I am honored to continue leading LiquidX down the path Jim has paved over the last seven years. Watching the Company grow from aspirational startup to innovative game changer in the FinTech space has been a journey I am proud to be a part of–both from my time spent on the board and on the Broadridge team,” said Certosimo. “I look forward to bringing corporations and financial institutions the best solutions in working capital with our incredible team.”
“I am proud of the team and what we have built for our clients,” said Toffey. “I am very confident in the company’s future under Art’s leadership. I look forward to working with him and the board going forward.”
Certosimo currently serves as Senior Advisor at Broadridge Financial Solutions (BR: NYSE). He was a member of the Executive and Operating Committee for Bank of New York Mellon, where he also served as Senior Executive Vice President and CEO of Global Markets until 2014. Certosimo currently is an active member of the Board of Directors of LTX, Inc, a Broadridge Financial Solutions company, as well as South Street Securities. He holds a B.A. in Business Administration from Rutgers College at Rutgers University and an M.B.A from Fairleigh Dickinson University.
LiquidX is a leading global technology Company that enables finance professionals to transact faster, smarter, and cheaper by digitizing their trade finance and working capital management. The Company’s flagship solutions incorporate AI and machine learning analytics to greatly enhance transparency, reporting, and forecasting for financial professionals.
Headquartered in New York with offices in Boston, London, and Singapore, LiquidX delivers the industry leading ecosystem for working capital optimization to its diverse network of global participants including corporations, banks, institutional investors, and insurance providers. Partnerships with the likes of Broadridge, U.S. Bank, and Citi bring a broad spectrum of clients access to the turnkey front-to-back solution that streamline the management, tracking and reporting for their entire working capital business. To learn more about LiquidX’s next generation solutions please visit liquidx.com.