Tokenovate is a UK-based financial technology company delivering post-trade lifecycle automation and digital settlement solutions for derivatives and securities financing. Built on the Common Domain Model (CDM), our platform connects legal contracts, data, and execution workflows to enable real-time, legally sound, and tokenised post-trade processes. By turning contracts into code, Tokenovate brings precision, automation, and scalability to post-trade operations: reducing risk, cutting costs, and unlocking growth across capital markets.
The idea for Tokenovate began 20 years ago when Richard and Gerard first worked together in the telecoms industry. In 2010, Richard launched ClearTrade Exchange, a regulated futures market platform for commodities, which was acquired by European Energy Exchange AG (a Deutsche Börse company) in 2016. Meanwhile, Gerard ran a consultancy managing multi-billion pound projects for clients like RBS, HMRC, Vodafone, and BP.
In recent years, initiatives like the FINOS Common Domain Model and advancements in blockchain technology have reshaped derivatives trading. Recognising these changes, Richard and Gerard reconnected in 2021 and saw a chance to enhance operational efficiency in the derivatives market, leading to the birth of Tokenovate in 2022.
Today, we operate from two UK offices: Cambridge for product and engineering, and London for sales and marketing.
