Tufano joins Clear Street
16 July 2025 US
Image: yurolaitsalbert/stock.adobe.com
Clear Street, a cloud-native financial technology firm, announced Christopher Tufano will be joining as the managing director and the head of Clearing.
Tufano will focus on building client relationships and advancing globally consistent clearing capabilities that are scalable, efficient and aligned with evolving regulations.
He will work closely with Clear Street鈥檚 trading, risk, operations, technology and client service teams, and will also oversee margin, collateral and settlement processes across the business.
Tufano brings more than two decades of industry experience and joins Clear Street from Bank of America, where he served as a managing director, a member of the board of directors, and the global head of Clearing and Prime Brokerage Platform Transformation.
Prior to Bank of America, Tufano held leadership roles at Morgan Stanley and Goldman Sachs.
Ed Tilly, CEO of Clear Street, comments: 鈥淐hris鈥� experience from the world鈥檚 top financial institutions is valuable to our clients and deepens the seamless services we provide them every step of the way. We launched clearing for market maker clients last year and have a robust pipeline of new opportunities in front of us.
鈥淲ith Chris鈥� longstanding relationships in the space, as well as his unmatched institutional knowledge, our platform and value proposition continues to grow with purpose, centered around anticipating client needs.鈥�
Tufano adds: 鈥淚鈥檓 proud to join Clear Street to lead the broker-dealer clearing division at a time when the industry demands scalability, speed and simplicity. I鈥檒l be working hand in glove with a world-class team to deliver a seamless, global client experience 鈥� one platform with a single point of entry for all markets and asset classes.鈥�
Tufano will focus on building client relationships and advancing globally consistent clearing capabilities that are scalable, efficient and aligned with evolving regulations.
He will work closely with Clear Street鈥檚 trading, risk, operations, technology and client service teams, and will also oversee margin, collateral and settlement processes across the business.
Tufano brings more than two decades of industry experience and joins Clear Street from Bank of America, where he served as a managing director, a member of the board of directors, and the global head of Clearing and Prime Brokerage Platform Transformation.
Prior to Bank of America, Tufano held leadership roles at Morgan Stanley and Goldman Sachs.
Ed Tilly, CEO of Clear Street, comments: 鈥淐hris鈥� experience from the world鈥檚 top financial institutions is valuable to our clients and deepens the seamless services we provide them every step of the way. We launched clearing for market maker clients last year and have a robust pipeline of new opportunities in front of us.
鈥淲ith Chris鈥� longstanding relationships in the space, as well as his unmatched institutional knowledge, our platform and value proposition continues to grow with purpose, centered around anticipating client needs.鈥�
Tufano adds: 鈥淚鈥檓 proud to join Clear Street to lead the broker-dealer clearing division at a time when the industry demands scalability, speed and simplicity. I鈥檒l be working hand in glove with a world-class team to deliver a seamless, global client experience 鈥� one platform with a single point of entry for all markets and asset classes.鈥�
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