Former Cowen Digital head Drew Forman joins Talos in strategic leadership role

Talos, an institutional digital assets technology and data provider for trading and portfolio management, has appointed Drew Forman as senior vice president and head of strategy. The newly created executive role will see Forman lead firmwide initiatives spanning market expansion, product innovation and corporate development.

Forman previously launched Cowen Digital as head of the division, establishing a full-service institutional digital assets platform that offered trade execution, custody through partners, and aggregated liquidity solutions for traditional institutions entering the market. His background includes leading Cowen's equity derivatives desk, co-leading the trading desk at Macro Risk Advisors, and holding senior derivatives trading roles at Nomura and J.P. Morgan. Most recently, he focused on portfolio management and trading of equity volatility strategies at Hudson Bay Capital.

Anton Katz, chief executive officer and co-founder of Talos, said:

"We've seen significant growth in traditional institutions entering digital assets, and with that comes a tremendous opportunity for Talos to support their sophisticated workflows. Drew's proven leadership in building and scaling businesses across traditional and digital finance makes him uniquely positioned to help chart Talos's next phase of growth."

Anton Katz, chief executive officer and co-founder of Talos

Forman will report directly to Katz, overseeing business strategy, exploring inorganic growth and partnership opportunities, and helping to define the firm's long-term positioning across both digital and traditional asset markets. His mandate includes driving alignment across the organisation and ensuring that Talos's platform continues to be the trusted infrastructure layer for financial institutions.

Over the past year, Talos has onboarded multiple leading asset managers representing approximately $21 trillion in assets under management, as well as hedge funds collectively managing over $100 billion in assets under management. Several retail brokers have also adopted Talos's technology, enabling over 100 million end users to trade digital assets.

Recent growth milestones include the integration of the Talos order and execution management system with BlackRock's Aladdin investment platform, and the acquisitions of four digital assets firms: data provider Coin Metrics, risk management platform Cloudwall, institutional DeFi technology provider Skolem, and portfolio engineering platform D3X Systems.

Drew Forman, senior vice president and head of strategy at Talos, said:

"I've followed Talos's evolution with admiration, from assembling the broadest connectivity network to building out the most comprehensive execution and portfolio management system for digital assets. This is an inflection point not only for Talos, but for the convergence of digital and traditional finance. I'm honoured to join the leadership team to help shape the firm's strategic direction and accelerate the next phase of growth."

Drew Forman, senior vice president and head of strategy at Talos

Talos provides institutional-grade technology and data that supports the full digital asset investment lifecycle, including liquidity sourcing, price discovery, trading, settlement and portfolio management. The platform connects institutions to key providers in the digital asset ecosystem – exchanges, OTC desks, prime brokers, lenders, custodians, and more – through a single interface.

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