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At BOSONIC, I've championed the deployment of decentralized financial market infrastructures, paving the way for cutting-edge solutions in counterparty risk elimination and real-time settlement. Leading the charge in strategic business development, my tenure has been marked by the establishment of pivotal partnerships and the advancement of the Bosonic Network™, which now stands as a cornerstone of the digital asset market ecosystem.Previously at HyperTrader, my role was instrumental in reimagining trade workflow optimization, where we achieved a tripling of our addressable market and a notable uptick in customer acquisition. Our team's collaborative efforts in marketing and sales strategies not only bolstered customer retention by 30% but also significantly reduced the sales cycle. These accomplishments reflect a steadfast commitment to operational excellence and a deep-seated passion for fostering innovation in the realm of financial technology.
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Svp Head Of SalesTzero Group, Inc.San Diego, Ca, Us -
Chief Revenue OfficerBosonic Apr 2024 - PresentSan Francisco, Ca, UsBOSONIC is a leading decentralized financial markets infrastructure "dFMI" company with offices in San Francisco, New York and London providing best-in-class infrastructure that eliminates counterparty credit and settlement risk in Digital Asset markets.The Bosonic Network™ provides institutional clients with a patented solution that is custodian-agnostic, enables tokenization of assets and collateral, provides liquidity aggregation and DMA to the best Exchanges and Market-Makers, and at the core, runs real-time payment vs payment (PvP) atomic execution and settlement, with cross-margining, cross-custodian net settlement and payments. The Bosonic Network™ is already delivering infrastructure that's reshaping the future of Digital Asset markets by eliminating risk and maximizing capital efficiency for Hedge Funds, Family Offices, Banks, Brokers, Asset Managers and other market participants. -
Coo/Head Of Business DevelopmentHypertrader Oct 2022 - Apr 2024Austin, Tx, UsHyperTrader is an order execution management and trade workflow optimization platform for professional retail and institutional digital asset traders. The platform optimizes rapid trading, real-time data & analytics, and offers full trade lifecycle management.I managed functions pertaining to redesigning the business model and market expansion strategies. Spearheaded a comprehensive growth marketing and sales strategies that boosted customer acquisition and tripled the total addressable market utilizing a data-driven approach for optimizing all stages of the marketing funnel. Reorganized marketing and business development teams yielding 30% improved customer retention and shortened the sales cycle by 20%. Expanded geographic area and built new corporate infrastructure to gain 30% market share and 22% larger global footprint. Established standard operating procedures to maximize current resource pool and create a collaborative work environment. Developed and implemented a new business model to capture and realize new potential revenue. Increased MoM revenue by 30% and total user base by over 200% in the first twelve months.Successfully surpassed sales quotas by an average of 20% each quarter, demonstrating exceptional ability to drive revenue and achieve growth objectives. Achieved and often exceeded monthly sales targets, contributing to a year-over-year revenue increase of over 30%. This performance not only highlighted my ability to identify and capitalize on market opportunities but also my skill in fostering strong customer relationships and effectively managing sales teams to exceed expectations.Website - www.gethypertrader.com -
Corporate Strategy ConsultantHypertrader Oct 2018 - Oct 2022Austin, Tx, UsHelped design and analyze business practices, devising strategies for improvement, improve operational performance, and discover new revenue streams. -
Chief Business Development Officer / Head Of OperationsFluent Finance May 2021 - Oct 2022Salt Lake City, UsFluent Finance is a federated bank-led stablecoin protocol and interbank settlement system. Fluent is a bank led, transparent stablecoin, designed with federated custody - across multiple financial institutions - offering maximum stability.I was responsible for planning and executing the corporate development and sales growth. Managed all internal operational processes, including market initiatives, client engagements, product development, capital raising efforts, Sales, Finance, and Marketing. Organized, structured, and worked with the CEO in successful capital raise rounds totaling over $4mm. Structured and defined KPIs throughout the organization to optimize resource allocation and output. Managed and collaborated with all department heads to ensure alignment on vision and corporate strategy. Designed and managed optimal standard operating procedures across the entire organization. Website: Fluent.finance -
Head Of OperationsNest Financial Group Nov 2020 - Oct 2022Majority owner of Fluent Finance - NFG is a technology solutions provider linking traditional banking and financial services firms with the new digital world.Developed our business model, created new revenue streams, and established our partnership network. I managed the corporate operations while preserving our corporate strategy and vision.I manage the cross-functional teams that run our daily operations: sales, marketing, business development, Human Resources, and Finance. I act as a liaison with our technology partners and alliances. Detecting potential new business targets and initiatives, I cultivate our corporate strategy to maximize their successes. With thorough analysis, I define KPIs to monitor success and draw solutions to overcome underlying performance issues. I can adapt the planning and execution of corporate development and growth to fit our needs.With my deep understanding of the financial services/banking industry, trading platforms, digital assets, and blockchain technology, I achieve lean efficiency, creating growth opportunities, and ensuring sustainable profitability. I monitor and isolate new markets and emerging trends within the banking and financial services industries to stay at the forefront of the industry’s standards.Website: Nestgroup.io -
Head Of Business DevelopmentNest Financial Group Oct 2019 - Nov 2020Leveraged strategic vision, business acumen, and an entrepreneurial mindset to lead business operations to new levels of success. Identified and secured over a dozen strategic partnerships to create several new revenue streams. -
Head Of Strategic Partnerships And GrowthGetloci Oct 2018 - Oct 2019Waco, Tx, UsA retail focused multi-asset trading and investment platform.I developed and administered corporate structure the execution of GTM, product growth, partnership, and revenue stream strategies for short and long-term financial and operational goals. Instrumental in attaining a 30% surge in revenue goals in the first 6 months via employing KPI performance structure. Recognized and secured strategic partnerships; created liquidity strategy for trading platforms, including relationships with institutional liquidity providers and rules of engagement for platform execution. Lessened QA time by 40% and enhanced success analysis by 30% by refining the organizational structure and redesign the entire Quality Assurance process for new version launches. -
Manager -Structured Credit SalesTpicap Oct 2015 - Oct 2018Liverpool Street, England, GbRecruited specifically to lead organization through organizational change and challenging market conditions to create profitable growth. Successfully transformed group into highly productive unit by developing and executing strategic planning initiatives, leveraging sales leadership skills, brokerage experience and relationship building acumen. • Created new business development strategies to increase revenue generation sources and doubled our client base - successfully on boarded over 50 institutional clients.• Responsible for team structure, institutional client coverage, business growth strategy and trade compliance.• Developed a fully executable dynamic trading platform used by institutional clients. -
Manager, Structured Credit DeskTradition North America Jan 2009 - Sep 2015Us► Co-developed the structured credit desk, from the ground up, while leading a team of 10 ► Lead a large team with annual brokerage revenue between $8M and $12M.► Designed, implemented and launched online trading platform and hybrid brokering system that includes straight-through-processing, reporting and trade verification► Significantly expanded product base to include High Yield / Investment Grade CDX Index Swaptions and Total Return Swaps iBoxx► Consistently achieved top market share in the IG/HY Swaptions market -
Manager, Natural GasGfi Group 2002 - 2009New York, Ny, Us► Co-built Natural Gas desk with as many as 15 brokers on a desk at its peak, with annual brokerage revenue averaging between $8 and $11M. ► Cultivated and maintained client list of 80+ clients with over 120 different traders from all across North America. ► Team was voted top Natural Gas desk 2004-2008 by Risk Magazine. ► Fully responsible for hiring, budget and forecasting, as well as overseeing all client relationships.► Helped design and implement the organization’s North American online trading platform. -
Management ConsultantBenchmarking Partners 2000 - 2002Cambridge, Massachusetts, Us
Mike Diedrichs Skills
Mike Diedrichs Education Details
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Lehigh UniversityInternational Business / Economics -
Mit Sloan School Of ManagementBlockchain Technologies And Business Innovation -
Finra CertificationSeries 3
Frequently Asked Questions about Mike Diedrichs
What company does Mike Diedrichs work for?
Mike Diedrichs works for Tzero Group, Inc.
What is Mike Diedrichs's role at the current company?
Mike Diedrichs's current role is SVP Head of Sales.
What is Mike Diedrichs's email address?
Mike Diedrichs's email address is mi****@****ail.com
What is Mike Diedrichs's direct phone number?
Mike Diedrichs's direct phone number is +120120*****
What schools did Mike Diedrichs attend?
Mike Diedrichs attended Lehigh University, Mit Sloan School Of Management, Finra Certification.
What skills is Mike Diedrichs known for?
Mike Diedrichs has skills like Fixed Income, Natural Gas Derivatives, Credit Derivatives, Managing Complex Sales, Business Development, Strategy, International Business, Strategic Planning, Entrepreneurship, Budgeting And Forecasting, Fluent In Swedish, Negotiation.
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