# Rhomaios Ram

> Rhomaios Ram is the founder and strategic advisor of Fnality International, previously its founding CEO and head of the Utility Settlement Coin consortium from 2017. A former Deutsche Bank executive, he works on wholesale payment systems, settlement finality and interoperability, and publishes research on digital asset architecture as an honorary research fellow at Warwick Business School’s Gillmore Centre.

- **Role:** Founder & Strategic Advisor at Fnality International
- **Organizations:** Fnality International, Utility Settlement Coin consortium, Deutsche Bank, Gillmore Centre for Financial Technology, Warwick Business School
- **Nationality:** British
- **Known for:** Led the Utility Settlement Coin consortium from 2017 and Fnality International from its inception., Helped bring the Sterling Fnality Payment System to initial live payments in December 2023., Authored Gillmore Centre research on deposit tokens, settlement architecture and digital asset ownership records.

## Career timeline

- **2010** — Interviewed as Global Head of eCommerce Distribution at Deutsche Bank.
- **Before 2017** — Worked in wholesale banking, including Deutsche Bank leadership roles in electronic trading and sales and transaction banking product management.
- **2017** — Became head of the Utility Settlement Coin consortium.
- **2019** — Led Fnality International as founding CEO following the commercialisation of the consortium project.
- **2023** — Led Fnality International when initial live Sterling Fnality Payment System payments were announced in December.
- **2024-2025** — Michelle Neal was announced as his successor in December 2024; Ram moved into an advisory capacity. The current team page lists him as Founder & Strategic Advisor.
- **2025** — Published Gillmore Centre papers on deposit tokens and clearing and settlement architecture as an honorary research fellow.
- **2026** — Published two April papers on two-layer digital asset architecture and the token operator, followed by a September essay on cross-system settlement.

## Achievements

- Led the Utility Settlement Coin consortium from 2017 and Fnality International from its inception.
- Helped bring the Sterling Fnality Payment System to initial live payments in December 2023.
- Authored Gillmore Centre research on deposit tokens, settlement architecture and digital asset ownership records.

## Latest updates

- **2026-09** — Published “True Interoperability Doesn’t Need Assets to Move” on 15 September, arguing for final settlement across systems while assets remain in their authoritative infrastructure.
- **2026-04** — Published “A Two-Layer Architecture for Digital Assets” and “Designing the Token Operator” through the Gillmore Centre.
- **2025-12** — Published “The Next Era of Digital Money,” describing interoperability and central bank money as foundations for digital wholesale markets.
- **2025-09** — Published Gillmore Centre papers on deposit tokens and the emerging architecture of clearing and settlement.

## Links

- LinkedIn: https://www.linkedin.com/in/rhomaios-ram/

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Profile page: https://yespress.io/rhomaios-ram
Published by YesPress — https://yespress.io
Last updated: 2026-10-14