The former head of LCH.Clearnet has been appointed chief executive of a risk solutions start-up that has today launched a new platform aimed at improving transparency and efficiency in the market for non-cleared over-the-counter-derivatives.

Roger Liddell, who was on the board of LCH.Clearnet from 2005 until 2011 and was the clearer's group chief executive for five of those years, has been named chief executive of NetOTC with immediate effect, according to a statement from the young London-based risk technology company on November 3.