Tradeweb Markets (Tradeweb) has appointed Devi Shanmugham as global head of compliance.

The firm is a global operator of electronic marketplaces for rates, credit, equities and money markets.

In her new role, Ms Shanmugham will be responsible for Tradeweb’s culture of compliance and will develop the company’s relationships with regulators around the world. She will report to Scott Zucker, chief risk and administrative officer.

The new hire joins Tradeweb from Bloomberg, where she was chief compliance officer for Bloomberg Swap Execution Facility (SEF).

Prior to joining Bloomberg in 2015, she was assistant general counsel at GFI Group and Assistant General Counsel at JPMorgan Chase Bank. Ms. Shanmugham spent the first decade of her career representing corporate clients for: Harris Beach PLLC; Schiavetti, Corgan, Soscia, DiEdwards & Nicholson; and Hughes Hubbard & Reed.

Commenting on her arrival at Tradeweb, Mr. Zucker said: “Devi brings with her a breadth and depth of experience in some of the world’s most complex financial markets, and we are delighted to have her as part of the Tradeweb team.”