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: Re-architecting the trading platform for interoperability, resilience and profitability

Trading platforms have come a long way since the days of exchanging paper certificates and shouting across trading floors, pits and desks in the early 2000s, but there is progress still to be made as firms strive to reduce risk, increase profitability, and make their mark in digital assets trading. This webinar will review the...

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

TEST Event page 2

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Valuations – Toward On-Demand Evaluated Pricing

Risk and regulatory imperatives are demanding access to the latest portfolio information, placing new pressures on the pricing and valuation function. And the front office increasingly wants up-to-date valuations of hard-to-price securities. These developments are driving a push toward on-demand evaluated pricing capabilities, with pricing teams seeking to provide access to valuations at higher frequency...