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Capco Adds Chelliah, Bennett to Team

Capco has brought onboard two new executives. Gopi Chelliah has been named partner and executive vice president, business process outsourcing and sourcing development, based in London. He will also be a key member of Capco’s Executive Management Committee and the Capco Transformation client services team. Chelliah joins from Deutsche Bank where he was managing director,…

Fortis Restructuring Sees Deschênes Named CIO

As part of Belgium-based Fortis’ restructuring, Alain Deschênes has been appointed chief information officer, responsible for providing vision, strategy, leadership and management to information systems and technology across Fortis’ banking and insurance operations. He will report to Herman Verwilst, deputy CEO and chief operating officer. Joining his team is Jean-Pierre Cardinael as chief technology officer,…

Shipperlee Rejoins S&P as European MD for Risk Solutions

Stuart Shipperlee is rejoining Standard & Poor’s as its new European managing director for the Risk Solutions division, based in London. Shipperlee, who will report to Gary Kearns, global leader for Credit Risk Services, was previously managing director of European operations for U.S. insurance ratings agency AM Best, and before that spent 10 years at…

Counterparty Link Raises the Bar For Counterparty, Entity Data

The launch a few weeks ago of a new company and eponymous data product, CounterpartyLink, signifies the growing demand for counterparty and legal entity data, fuelled by increasingly stringent regulatory requirements. To date, the main source of legal entity data has been Dun & Bradstreet’s Duns numbers, and more recently the joint Crosswalk initiative it…

Volante White Paper Promotes Federated Approach to Data

Volante Technologies chief technology officer Krishna Sudarshan espouses a federated approach to reference data in a recently issued what paper, Reference Data – an Insight into This Thorny Problem. Sudarshan promotes the idea of using Volante’s Message Metadata Repository and other technologies to build and maintain central metadata rules without the need for a single…

The Need for Governance in Data Centralization Projects Selected extracts of a white paper by Steve French, Azimuth Financial

Many organizations have attempted to create centralized data groups (CDGs) responsible for sourcing, maintaining and distributing core data to all departments. There are clear reasons for doing this: efficiency, consistency, data quality, risk and regulatory compliance. However, despite all of these drivers, very few organizations have created CDGs. Of the top 20 investment banks (as…

Kirby Moves On to Growing Accenture Data Management Business

Reference data advocate Anthony Kirby has started work for Accenture, based in London. At the expanding data management services group within Accenture, Kirby has been named U.K. regional sales director and associate partner within its capital markets practice. He will report to U.K. partner Chris Broyden, and to lead partner for data management services Patricia…

Lammersdorf Joins Cicada’s CounterpartyLink

Former Deutsche Borse executive Christoph Lammersdorf has joined CounterpartyLink as managing director.

Kennedy, Leichsenring, Join GoldenSource in Newly Created Roles

Paul Kennedy, formerly head of content and news at Reuters, and Peter Leichsenring, previously director alliances and channels financial services at Tibco Software, have both joined the recently renamed GoldenSource (known before as Financial Technologies Inc. FTI). Both join in newly created roles. Kennedy has been named vice president of product management based in London….

XcitekSolutionsPlus Hires CA Specialist Thoma for Client Services

XcitekSolutionsPlus last month hired Steve Thoma as senior client administrator within the client services team in Birmingham, AL., to provide production support and implementation of XSP within North America. Thoma was previously corporate action reorganization manager at Fifth Third Bank, and corporate action specialist at Bank One Trust. Further expansion in Birmingham, New York and…