NEW YORK (January 4, 2023)— Octaura, the industry-led electronic trading, data and analytics solution for syndicated loans and collateralized loan obligations (CLOs), today announced the bolstering of its C-suite with the appointment of industry veteran Vitaliy Kozak as Chief Product Officer, effective immediately. The addition of Mr. Kozak to Octaura’s leadership team is a pivotal advancement for the company’s growth efforts that are tied to the launch of its trading venues following its formation in June.
Mr. Kozak has had a central role in the ideation and development of Octaura as a founding member. He will be leaving his post as Global Co-head of CLO, ABS, TRUPS and CDO Trading at Citi to head product development for Octaura. Mr. Kozak’s work has been formally recognized as a top provider of secondary CLO data in both the 2020 and 2021 Creditflux surveys of buy-side institutions.
“As a co-creator, Vitaliy has been integral to the incubation and development of Octaura. Vitaliy brings a deep history of trading experience and fully understands the challenges presented to sell-side traders, buy-side portfolio managers and the structured credit market as a whole. His continued leadership will play a critical role as we work to advance our product portfolio and accelerate our customer reach,” said Octaura CEO, Brian Bejile.
Vitaliy Kozak stated, “I’m thrilled that we are making opportunity-rich asset classes more robust by introducing an industry-led, open market electronic trading platform for syndicated loans and collateralized loan obligations. Octaura is advancing the loan market by addressing market structural inefficiencies as well as making trading easier and faster for all participants. Together with the Product Management team, I look forward to enabling the investment community’s shared mission to increase access and liquidity in global credit trading by delivering benefits to both markets.”
In recent weeks, Octaura had also announced the appointment of Jason Cohen as Chief Financial Officer and Chief Operating Officer. The company has plans to continue to expand more with key hires to follow.
For additional information and updates, please visit: octaura.com
Octaura is an industry-led electronic trading, data and analytics solution initially for syndicated loans and CLOs. Founded as an independent company in 2022, Octaura represents a significant milestone in the advancement of modernizing the syndicated loan and structured credit markets through common operational criteria, automation across pre and post-trade life cycles, improved ease in transactions and advanced data and analytics. To learn more, visit octaura.com.