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Itiviti Hires to Help Bloomberg SSEOMS Users Migrate to its OMS

Following Bloomberg’s decision to withdraw its Sell-Side Execution and Order Management Solutions (SSEOMS) and Itiviti’s offer to help SSEOMS users migrate to its OMS, former global head of SSEOMS product management at Bloomberg, Linda Middleditch, has joined Itiviti as chief product officer. Middleditch has previously held senior product development positions at top-tier investment banks including…

OpenFin Names Former Goldman Sachs MD Tim Dinsdale as CTO

OpenFin has named Tim Dinsdale, formerly a managing director at Goldman Sachs, as European chief technology officer. Dinsdale will report to OpenFin president and chief operating officer Chuck Doerr, and will be responsible for leading the firm’s technology efforts across the region, expanding OpenFin’s London-based development team and driving OpenFin’s interoperable desktop initiatives globally. He…

Axyon AI Names Frank Abbenhuis Chief Commercial Officer

Axyon AI, a provider of artificial intelligence (AI) for capital markets, has named Frank Abbenhuis as chief commercial officer with responsibility to oversee the company’s expansion from Modena, Italy, to London and drive client development. Axyon AI products can solve problems such as anticipating the market impact of economic events to suggesting future syndicated loans…

Horizon Software Names Fabrice Fischer as Head of APAC Region

Horizon Software, a provider of electronic trading solutions and algorithmic technology, has named Fabrice Fischer as head of its APAC region. Fischer will focus on consolidating the company’s position in APAC, paying particular attention to high-growth markets in China and the ASEAN countries. Fischer has spent over two decades in financial markets and IT, working…

FlexTrade Hires to Build Sell-Side OMS Strength in EMEA

FlexTrade, a provider of cross-asset execution and order management systems (EOMS), has appointed Lak Loi and Vahid Shirani as co-heads of sell-side OMS business development for the EMEA region. Both Loi and Shirani come to FlexTrade with more than 25 years of combined experience in equities and derivatives trading technology. Since 1997, Loi has worked…

Interim Chief Bentley Gone as Itiviti Names FIS’s Mackay CEO

Itiviti interim CEO Richard Bentley has left the company following the appointment of former FIS chief operating officer Robert Mackay as CEO. Bentley was instrumental in the merger of Ullink, where he was chief product officer, and  Itiviti, which closed in March 2018. On the day of the merger, Itiviti CEO Torben Munch was named…

Jonathan Kellner Named CEO of MEMX

Jonathan Kellner has joined Members Exchange (MEMX), a recently established member-owned equities exchange. Founding members include Bank of America Merrill Lynch, Charles Schwab, Citadel Securities, E*Trade, Fidelity Investments, Morgan Stanley, TD Ameritrade, UBS, and Virtu Financial. Before signing on to MEMX, Kellner led Instinet through the acquisition of BlockCross ATS from State Street, and the…

Dash Names Venu Palaparthi Chief Compliance Officer and Head of Regulatory Affairs

Dash Financial Technologies, a capital markets technology and execution provider, has named Venu Palaparthi as chief compliance officer and head of regulatory affairs. Palaparthi will be directing Dash’s compliance strategy with regards to internal regulatory policies and compliance with government regulations. Peter Maragos, co-founder and CEO of Dash Technologies, says Palaparthi’s experience will be key,…

Fonetic Hires ex JP Morgan and Apama Execs to Drive Global Expansion

Fonetic, a provider of voice processing, compliance and surveillance technology, has made two hires across Europe and North America in response to demand for voice surveillance systems. Thomas Dinneny, former head of trade surveillance at JP Morgan, will be responsible for driving strategy and new business in the Americas, while industry stalwart Tony Foreman, who…

State Street Names Lou Maiuri as Chief Operating Officer

State Street has named Lou Maiuri, previously head of the firm’s global markets and exchange businesses, as chief operating officer. In this role, he will have overarching responsibility for State Street’s IT, global delivery, global exchange, Charles River Development and product teams. Maiuri will continue to serve on State Street’s management committee and report to…