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Challenging Convention, Scaling a Consultancy, and the Future of Capital Markets with Chris Watts, CEO & Co-Founder of The Tonic Consultancy

The Leadership Learns Podcast · 2025-08-07 · 42 min

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Episode notes

Hear from Chris Watts, CEO and Co-Founder of The Tonic Consultancy, a firm reshaping expectations of what a consultancy can be. Starting his career in collateral consulting at Deutsche Bank and Rule Financial, Chris went on to launch Margin Tonic in 2018, a business that has since evolved into Tonic, expanding far beyond collateral to cover the full front-to-back trade lifecycle, digital assets, sustainability and more. In this episode, Chris reflects on the evolution of the capital markets space, what it takes to scale in a fast-changing environment, and what it means to be an “anti-consultancy consultancy”. Discussions in the episode: The biggest challenges and phases of growth when scaling Building a culture of reflection while staying future-focused Lessons learned in hiring and building high-performance teams Redefining consulting excellence in a rapidly evolving tech landscape Where AI fits into capital markets consulting, and where the risks lie Click here to reach out to Peter Rabey direct Like this show? Please leave us a review . Every review helps.

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