LakefrontData Creates Data Management Industry Jobs Website
Against a backdrop of widespread redundancies and an increasingly competitive employment market, LakefrontData has launched a website specifically targeted at advertising jobs for the data management industry. According to the vendor, which was created from the merger of LakeFront Data Ventures (LDV) and data integration vendor ReferenceDataFactory (RDF) earlier this year, data management professionals can...
OTC Val Appoints Ex-Hedge Fund Quant Bergbusch as CTO
OTC Valuations (OTC Val) has appointed Paul Bergbusch as chief technology officer to lead the vendor’s efforts to introduce its next generation of solutions. He will be engaged in further expanding the coverage for structured products and exotic derivatives under the OTC Val portfolio and will be based in Vancouver. According to the vendor, Bergbusch...
Interactive Data Picks D’Arcy to Succeed Clark as President and CEO
Interactive Data has finally selected a replacement for Stuart Clark, its current president and CEO, who is due to retire next year. The firm has indicated that Raymond D’Arcy, the president of sales and marketing for Interactive Data, will take over the role. D’Arcy has served in a variety of executive roles during his 29...
ICE on the Hunt for Credit Derivatives Clearing Counterparty Head
Following the announcement of its intention to buy Clearing Corporation last week, IntercontinentalExchange (ICE) has indicated that it is currently searching for a suitable candidate to head its credit derivatives clearing counterparty venture. The exchange operator is planning to launch its global clearing platform for credit default swaps (CDSs) later this month. It is likely...
BNY Mellon Asset Servicing Appoints Gruber as Performance & Risk Analytics Product Head
Originally appeared in MiFID Monitor Bank of New York (BNY) Mellon Asset Servicing has appointed John Gruber as head of global product management for its Performance & Risk Analytics (P&RA) product line. He replaces Debra Baker, who recently was named chief administrative officer for the bank’s Global Corporate Trust division. Gruber will be based in...
Petra Financial Promotes Marks to Executive Management Team
Petra Financial has promoted Tony Marks to its executive management team and to the position of director of the vendor’s holding company. According to Petra Financial CEO David Sinclair, the appointment is part of its drive to strengthen its commercial focus. Sinclair explains: “Tony Marks has been with Petra Financial from the outset and has...
Nelson Departs Thomson Reuters for BNP Paribas Securities Services
Barnaby Nelson, who was most recently a business owner at Reuters Pricing and Data, has been appointed head of business development for Asia for BNP Paribas Securities Services. He will continue to be based in Hong Kong and report to Margaret Harwood-Jones globally and locally to Bruno Campenon as head of BNP Paribas Securities Services,...
O’Shaughnessy Joins DTCC as Global Head of Sales
Caroline O’Shaughnessy has joined the Depository Trust and Clearing Company (DTCC) as vice president and global head of sales in London. Prior to her appointment at DTCC, she was global head of indirect channel, Enterprise, at Reuters. While at Reuters she also held the position of head of third party alliances for Reuters DataScope. Prior...
DTCC’s Donahue Joins XBRL US Board of Directors
Following the agreement between XBRL and the Depository Trust & Clearing Corporation (DTCC) earlier in the year to cooperate on corporate actions standards, Donald Donahue, chairman and CEO of DTCC, has joined XBRL US’s board of directors. XBRL US, the non-profit consortium for XML business reporting standards in the North American marketplace, says that DTCC...
Thomson Reuters Replaces Olver with Banga on Board of Directors
Thomson Reuters has appointed Manvinder Singh Banga to its board of directors as a non-executive director, effective on 1 January 2009, and indicated that Dick Olver will retire from the board at the end of this year. The vendor hopes that Banga’s Asian market experience will contribute to its growth plans for the region. Banga,...