Sesh Sundaram Joins Xpansiv as CTO

SYDNEY, NEW YORK, SAN FRANCISCO, LONDON — Xpansiv, the global marketplace for ESG commodities, today announced Sesh Sundaram as Chief Technology Officer. Sesh brings more than 20 years of experience in capital markets, having last served as Managing Director, Engineering and Execution at CME Group, where he headed engineering across trading, clearing, and risk-management systems.

“Sesh is an IT executive with a long history of architecting, designing, and delivering scalable, low-latency, high-availability fintech systems,” said Xpansiv CEO Joe Madden. “He brings to Xpansiv proven success in driving digital transformation and migrating to hybrid-cloud infrastructure, with a strong emphasis on information security.”

Xpansiv continues to expand and refine its trading, settlement, and market-data system, as well as a DAML-based, end-to-end digital infrastructure platform to support a new asset class of commodities valued according to vital ESG factors. 

“I’m excited to join Xpansiv’s highly accomplished team,” Sesh said. “I’m looking forward to advancing Xpansiv’s impact by helping deliver robust, innovative systems that enhance the liquidity, transparency, and utility of ESG commodity markets.”

“We’re overjoyed to add Sesh to our leadership team with his proven track record directing the development and delivery of next-generation technology,” said Xpansiv President and COO John Melby. “His background makes him ideally suited to lead the technology organization that’s at the core of our mission to transform global commodities markets to deliver a world worthy of future generations.”

About Xpansiv

Xpansiv is the global marketplace for ESG-inclusive commodities. These Intelligent Commodities bring transparency and liquidity to markets, empowering participants to value energy, carbon, and water to meet the challenges of an information-rich, resource-constrained world. The company’s main business units include XMarkets, the largest spot exchange for ESG commodities, including carbon, renewable energy certificates, water and Digital Natural Gas; XSignals, which provides end-of-day and historical market data; and XPortfolio, the leading multi-registry portfolio management system for all ESG-inclusive commodities. Xpansiv is the digital nexus where ESG and price signals merge.

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