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: Adding Intelligence to Electronic Execution for Best Execution Under MiFID II

MiFID II’s provisions for best execution promise to be more rigorous than its predecessor’s. They also will be applied to a host of relatively illiquid and potentially more complex asset classes. Compliance will be challenging. This webinar looks at the emerging requirement for truly smart order routing under MiFID II’s best execution rules: Approaches to...

BLOG

New Data Partnership Approach Urged for Investors in SimCorp Report

Investment managers must take a fresh approach to data management, stressing trusted partnerships with outside expertise over traditional outsourcing models, as they seek to adapt to a rapidly changing economic landscape, a report has urged. The binary build-versus-buy strategy that has been the basis of innovation adoption for decades has been upended by advances in...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Best Practice Client Onboarding

Client onboarding is central to the success of banks, yet it continues to present challenges and the benefits of getting it right are difficult to achieve. The challenges arise from siloed systems, manual processes and poor entity data quality. The potential benefits of successful implementation include excellent client experience, improved client acquisition and loyalty, new business opportunities, reductions in costs, competitive advantage, and confidence in compliance.