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Misys Names Executive To Bolster Basel II Capabilities

Misys Risk Management Systems has named Savita Verma to lead its product management, financial engineering and research operations. Verma was previously vice president of Scotiabank. The company has also appointed David Welton Basel II specialist, reporting to Verma. Meanwhile, chief operating officer Michel Van Leeuwen has added Frank Weyns to his team. Weyns was previously...

Telekurs Adds Three to U.K. Sales Operation

Telekurs (UK) is continuing with its spate of hires in the sales area, adding three to its sales team based in London. Reto Baumann, a seven-year Telekurs veteran, has relocated from Tokyo to become sales manager, responsible for new business sales and key accounts. Faye Cooper has joined as key account manager from Reuters, where...

Eagle’s Riley to Retire at End of Year

Eagle Investment Systems’ chief executive, Jack Riley, will retire at the end of the year, 13 years after co-founding the company. David Palten, another co-founder and currently president of Eagle, will assume the additional role of CEO, reporting to Jim Palermo, vice chairman of Mellon Financial Corp. and president of Mellon Global Securities Services. Riley...

Former Thomson Sales Head Lait Emerges at Standard & Poor’s

Standard & Poor’s has hired Sue Lait, former European sales director at Thomson Financial in London, to lead sales and support for S&P’s investment services business. Lait spent nine years at Thomson Financial, which she left earlier this year having being only recently promoted to sales head. Prior to that she ran the strategic accounts...

SmartStream Technologies Continues Hiring Bonanza

SmartStream Technologies has recruited Steve Lewis from Capco and Tim Collins from Mercator following its acquisition of messaging and business processes management specialist Connextive. Collins will head SmartStream’s professional services division for the newly acquired products. He has worked for Mercator for the past 10 years, where he was principal of its professional services division....

IFDS Names Carpenter to Lead U.K. Sales

International Financial Data Services (IFDS) has hired Daniel Carpenter as head of U.K. sales, reporting to managing director Paul Roberts. IFDS is a transfer agency joint venture between DST Systems and State Street. Carpenter was previously sales and marketing director at Cor Financial Solutions, and has held positions at Kinetic Information Systems, Primark – now...

Ex-Reuters STP Executive Smith Emerges at TradeWeb

TradeWeb, the institutional transaction portal for fixed income securities, has named Chris Smith to lead its European straight-through-processing initiative. In the face of continuing competition in the electronic bond trading arena, TradeWeb has been emphasizing its STP capabilities as an edge over potential rivals. Smith will oversee the launch of TradeWeb’s TradeXpress STP product in...

Wall Street Systems Hires Longden as European Head

Wall Street Systems has hired Chris Longden as regional managing director for Europe, Middle East and Africa, with responsibility for the company’s sales and delivery operations. Longden was previously head of global risk management products at Misys International Banking Systems.

New RDUG Chairman Plom Joins REDAC Committee

John Gubert of HSBC has stepped down as chairman of the Reference Data User Group, and has been replaced as chair by Alan Plom of Gartmore Investment Management. Plom has also been appointed to sit Steering Committee of the U.S. Reference Data Coalition and is keen on “the continuation of the strong working relationship between...

New COO for Wilco North America

ADP Wilco, a subsidiary of Automatic Data Processing, has promoted Ivar Eilertsen to the post of chief operating officer for North America. In his new role at ADP Wilco, Eilertsen has responsibility for ADP Wilco’s North American operations including business development and customer relationships, delivery of software services and all aspects of day-to-day business operations....