The pair will drive the disruption of traditional cross-border payments at the blockchain-based clearing and settlement technology platform.

Partior has appointed Jason Thompson and Dmitry Avramenko as CEO and CTO respectively, according to an announcement on Friday.

Thompson brings with him over 20 years of leadership experience in the financial services sector. He moved to Southeast Asia in 2016 to help lead and build what is today Grab Financial Group (GFG). He moved to Indonesia in 2018 to build OVO, the country's leading consumer and merchant digital wallet. 

Avramenko joins from HSBC, where he was CTO of its social payment platform PayMe for the past three years. He was previously the head of cloud architecture and infrastructure at Standard Chartered, and has held various IT leadership roles at Merrill Lynch, Bank of America, Credit Suisse.

Growth Plans 

Headquartered in Singapore, Partior was established in April 2021 by DBS, Temasek and J.P. Morgan a peer-to-peer interbank clearing and settlement network supporting real-time settlement of wholesale banking payments in multiple currencies.

The company is currently working to establish offices in London, New York and Beijing, and engaging leading banks globally to join the platform. Its current focus is on facilitating flows primarily in both USD and SGD, with the intent to expand service offerings to additional currencies.

«We aim to speed up transaction time, enable finality and certainty in settlements and make transactions transparent. We are keen on working closely with regulators around the world, such as MAS, to ensure that we establish ourselves as a trusted partner to all financial institutions,» Thompson said in the announcement.