Capitolis names Murugan Manickam CTO

Capitolis announced the appointment of Murugan Manickam as chief technology officer. He will lead the company’s global engineering organization and oversee its data and artificial intelligence strategy, reporting to President Okan Pekin.

Manickam will manage engineering, data and AI initiatives aimed at supporting product development and scaling the platform. Amos Arev will remain Head of Engineering and General Manager in Israel and continue in the existing engineering leadership team.

Manickam brings 28 years of technology leadership in financial services, with work focused on fixed income, currencies and commodities, trade management, post-trade systems, regulatory technology and AI-enabled development. He spent 17 years at Bank of America, most recently as Managing Director and Global Head of FICC Macro Trade Management and Emerging Markets Technology. At Bank of America he led large-scale transformation programs across foreign exchange, fixed income, credit, rates and emerging markets, worked on modernizing trading infrastructure, consolidated legacy platforms, and supported distributed ledger technology adoption and AI-driven automation. Earlier roles included technology leadership positions at Merrill Lynch and General Reinsurance.

Capitolis provides capital optimization services and software used by major financial institutions for trade management, post-trade processing and regulatory compliance. The company said the CTO role will focus on scaling engineering resources and embedding data and AI across products and services.

Okan Pekin, President of Capitolis, described Manickam as ‘an accomplished technology leader with deep capital markets expertise’ and expressed thanks to Amos Arev for seven years of work building the engineering organization. Manickam commented, ‘I’m excited to join the team and help advance the company’s technology platform to deliver innovative, AI-driven solutions for clients and the broader financial ecosystem.’