Geoff Chaplin, a former Nomura and ABN Amro credit derivatives expert, has joined Reech Capital, the London-based online capital markets services group.

Chaplin will oversee the development of credit derivatives functionality in Reech Capital's range of application service provider-based quantitative business tools. In making the appointment, Reech hopes to capitalise on the current growth in the $1 trillion (€1 trillion) derivatives marketplace.