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: FRTB: What still needs to be done before the global deadline of January 2023?

While implementation of Fundamental Review of the Trading Book (FRTB) regulation has been delayed twice for reasons first of complexity and second of the coronavirus pandemic, the final deadline of January 1, 2023 is less than a year away. For banks in scope of the regulation, the time to put necessary risk infrastructure and data...

BLOG

Appital Launches New Price Discovery Functionality and Expands European Equity Coverage with Virtu

Appital, the technology provider specialising in peer-to-peer price discovery and liquidity sourcing for asset managers, has introduced ‘Price Discovery in Appital Insights’, aimed at improving natural liquidity generation among its buyside clients. The new functionality allows buyside traders to gain insights on potential pricing and volume before committing to an order. The newly launched feature...

EVENT

TradingTech Summit London

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

Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...