The electronic trading platform for syndicated loans, Octaura,  has announced the appointment of Luis Carballo as the company’s first Chief Technology Officer. Mr. Carballo has been tapped to further lead the way financial market operations and technology work together, having strategically positioned several new products for successful development throughout his career.

“I look forward to spearheading a robust team and providing next generation products that will revolutionize the structured credit markets.”

Mr. Carballo brings a wealth of knowledge from the various senior level positions he has held overseeing trading platform software engineering and application development. Most recently, Mr. Carballo was CTO at Cencor where he facilitated information technology strategy for the companies within the financial group. He created the product architecture to prop up Bolsa Institucional de Valores (BIVA), Mexico’s second stock exchange.

“I’m excited to welcome Luis to the executive team,” said Brian Bejile, CEO of Octaura. “Luis will play a central role leading Octaura and its loan market participants toward a more accessible and dynamic technological future. His demonstrated leadership across a broad spectrum of domains within technology management is second to none.”

“Octaura is already innovating technologically in many ways,” said Luis Carballo. “I look forward to spearheading a robust team and providing next generation products that will revolutionize the structured credit markets.”

This announcement comes just weeks after Octaura’s successful execution of initial syndicated loan trades with 10 buy-side investors. Octaura will continue onboarding interested buy-side and sell-side participants and additional order management system providers seeking to get early access to the platform. The company has plans to continue to expand more with key hires to follow.