About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Carletti Makes Surprise Exit from Telekurs, Buser to Act as Interim Head

Subscribe to our newsletter

Just one month after the announcement of its rebrand and weeks after its decision to up its stakes in the valuations business, SIX Telekurs has announced that Marc Carletti, CEO of its Financial Information division and a member of the group’s executive board, has decided to leave the company of his “own volition”.

According to a statement, the board of directors and group executive board of SIX Group “regret his departure”, indicating that perhaps this was an unplanned move. SIX Telekurs has stated that it is unable to comment on the circumstances of his departure and that Carletti is likewise unavailable to give comment.

A spokesperson for the vendor was able to reveal that there will be a “normal selection and decision making process” with regards to finding a permanent replacement for Carletti. In the interim period, Jörg Buser, current CEO of Swiss software firm Rolotec, will be assuming the role on an interim basis.

This leaves the vendor in a somewhat difficult position, given its aggressive plans for growth, which Carletti discussed last week (see Telekurs Rebrands, Partners with ValuePrice and Sets Sights on Valuations, 5 September 2008). Exactly how this will impact its short term goals and current projects is as yet unclear, but this level of uncertainty will certainly not help matters in the current unstable economic climate.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: FINRA CAT CAIS: What to Expect – Giving Regulators Full Access to Your Customer & Account Data

Join n-Tier and a panel of industry experts to discuss implications of the SEC’s Consolidated Audit Trail (CAT) Customer & Account Information System (CAIS) Phase 2e. The initial phase of CAIS was the start of a new era for broker-dealer Onboarding and Account Management teams, turning customer and account reference data into a daily regulatory...

BLOG

FSA Slaps Credit Suisse UK with a £5.95m Fine for Data Failings Regarding SCARPs

The UK Financial Services Authority (FSA) has fined Credit Suisse’s UK operations £5.95 million for failing to maintain accurate records for its structured capital at risk products (SCARPs) and risk related systems and controls failures. According to the regulator, the private bank had inadequate systems and controls in place in order to assess its customers’...

EVENT

Eagle Alpha Alternative Data Conference, Fall, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

RegTech Suppliers Guide 2020/2021

Welcome to the second edition of A-Team Group’s RegTech Suppliers Guide, an essential aid for financial institutions sourcing innovative solutions to improve their regulatory response, and a showcase for encumbent and new RegTech vendors with offerings designed to match market demand. Available free of charge and based on an industry-wide survey, the guide provides a...