DTCC’s Heggarty and Omgeo’s Lind to Join Thomson Reuters

In line with its recent spate of hiring, data vendor Thomson Reuters is rumoured to soon be adding the Depository Trust & Clearing Corporation’s (DTCC) managing director of market structure Robert Hegarty and Omgeo’s current managing director of strategy Tim Lind to its ranks. Last month, Thomson Reuters added ex-Credit Suisse exec Sally Hinds to its team and it seems Lind and Hegarty will soon be joining the list of new recruits.

Lind has been with pre-settlement solutions provider Omgeo since June 2007, where his role has been to manage strategy for the company. Prior to Omgeo, Lind worked for EDM vendor GoldenSource for five and a half years as senior vice president for product strategy, responsible for strategic planning, market research, competitive intelligence and product positioning. Prior to GoldenSource, he worked as a director for analyst firm TowerGroup and before that at industry network operator Swift.

Lind also worked with Hegarty at TowerGroup before Hegarty joined DTCC in the newly created position of managing director of market structure in March last year. In this role, he has been spearheading the vendor’s efforts to identify new market and growth opportunities focused on the front office and trading communities.

Thomson Reuters has been making quite a song and dance about its Enterprise platform over the course of this year, since its launch in May. The aim is to provide a ‘joined up’ approach to enterprise data management, creating a platform framework that embraces both real-time and non-real-time data. The so-called Thomson Reuters Enterprise Platform draws on the long-serving front office Reuters Market Data System (RMDS) that supports real time data, together with the Enterprise Platform for Data Management that brings together the existing securities master product, Reuters Reference Data System (RRDS), and new technology that the company acquired through the purchase of data management specialist m35 a year or so ago.

Thomson Reuters is also focusing its energies on joining the platform up with its various data content sets and working on developing its flagship DataScope solution as the overall platform for its various data offerings on both the Thomson and Reuters sides of the business for its non-real-time content.