BlackRock Veteran Zion Hilelly Joins IHS Markit Financial Services Solutions Group

  • People Moves
  • 10.09.2020 03:06 pm

IHS Markit (NYSE: INFO), a world leader in critical information, analytics and expertise, has recruited Zion Hilelly as Managing Director, Head of Operations, Client Support and Service & Transformation for its Financial Services Solutions business. A key addition to the business leadership team, Hilelly is based in New York and reports to Andrew Eisen, SVP and Head of Financial Services Solutions.

In this newly created role, Hilelly will be responsible for leading global operations and the strategic transformation of the Financial Services Solutions business. He is spearheading a business acceleration and agility initiative to streamline data operations, WSO Services and software operations, cloud-hosted and managed services and global software, data and services support functions across Financial Services Solutions. 

Hilelly joins IHS Markit after serving more than 20 years at BlackRock, where as a Managing Director he was responsible for developing and leading multiple post-trade businesses and capabilities of the firm's flagship Aladdin platform, used globally by BlackRock and Aladdin clients.

During his tenure at BlackRock, Hilelly was the creator and head of Aladdin’s outsourcing business and the head of Aladdin’s post-trade software development group, creating an integrated front-to-back investment platform for asset managers and asset owners. He was also a senior member of the firm’s transformation area, where he pioneered an innovative product and operating model with custodian banks and led the integration of key operating areas after the largest acquisitions in the asset management industry. Earlier in his career, Hilelly was the head of portfolio administration, playing a key role in developing BlackRock's operating environment servicing institutional clients.
                                            
“I’m excited to join forces with IHS Markit to drive a business transformation that will help us capitalize on tremendous opportunities to deliver additional value,” said Hilelly. “Through the integration of our leading multi-asset software, data, managed services and full outsourcing solutions, IHS Markit will be uniquely positioned to provide holistic front-to-back solutions that can meet the growing needs of asset owners, asset managers and capital markets participants in private and public markets.”

The Financial Services Solutions business includes a number of market-leading products, such as ClearPar, WSO, iLEVEL, Debtdomain, EDM and thinkFolio.

Commenting on the addition to his leadership team, Eisen added, “We are absolutely thrilled to bring Zion aboard to advance the strategy for operations, data and service management and industry engagement throughout our entire business. Zion’s expertise is well-recognized across global financial markets and he will be instrumental in accelerating our vision for an enhanced customer experience with greater flexibility, efficiency and best-in-class delivery.”  

Hilelly earned his B.S. and M.B.A. degrees from the NYU Stern School of Business after serving three years in the Israel Defense Force. He serves on the Board of Trustees for the French-American School of New York and lives in Westchester County with his wife and five children.

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