Jeff Wagner, former CEO and founder of Aquilon, joins Fidectus AG

Zürich, August 19, 2020 – This week, Jeff Wagner, founder and former CEO of Aquilon, joined Fidectus AG, bringing with him deep expertise in post-trade processing and settlement automation for wholesale energy markets.

Jeff founded Aquilon Inc. in 2012 and played a pioneering role in the digitisation of post-trade operations in North America. Under his leadership, Aquilon established the first collaborative, cloud-based platform designed to automate wholesale energy settlement matching. The platform enabled market participants to move away from manual, bilateral processes toward more efficient and transparent settlement workflows, laying important groundwork for modern post-trade automation in the region.

Reflecting on the differences between the North American and European markets, Jeff highlighted the importance of industry-wide standards as a foundation for scalable growth.

“The European standardisation effort led by EFET is the right way forward, as the North American approach lacks common industry standards, creating constraints and scalability challenges,” said Jeff Wagner. “I am very happy to be joining Fidectus AG and to embrace a standards-based approach. The Global Energy Network (GEN) offers incredible potential, as it leverages open interfaces without forcing clients to rely on proprietary third-party connectors.”

At Fidectus, Jeff will support the company’s mission to digitise and automate cross-company post-trade processes through an open, interoperable network that connects energy market participants across Europe and beyond.

Welcoming Jeff to the team, Chris Sass, Chief Commercial Officer of Fidectus AG, commented:

“Jeff’s experience and deep industry knowledge bring tremendous value to our customers. We are excited to have him join Fidectus as we continue to expand the Global Energy Network and deliver scalable, standards-based post-trade solutions to the energy trading community.”

Jeff’s appointment further strengthens Fidectus’ leadership team as the company continues to build a trusted, cloud-based infrastructure for confirmation, settlement, and post-trade collaboration across global energy markets.