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Asset Control Names Richard Petti as CEO
Asset Control has named Richard Petti, a former SunGard Data Systems executive, as CEO, just two months after the company was acquired by Marlin Equity Partners. Petti replaces interim CEO Dean Goodermote, who took on the role after former CEO Phil Lynch left Asset Control in February 2013 to join SunGard as head of global…
Tim Fox Moves out of Interactive Data and into Avox
Avox, the DTCC subsidiary dedicated to maintaining business entity reference data, has hired Tim Fox to the new role of product manager. Fox joins Avox from Interactive Data, where he was product marketing manager with responsibility for all aspects of the company’s Solvency II sales. He also worked with business and line management to agree…
Change at the Top as Gross Exits SIX Group and Zeller is Elected Chairman
Thomas Gross, CEO of the Financial Information division at SIX Group, will leave the company tomorrow, Wednesday 5 June 2013, after four years in the role. Gross told a board meeting of his decision to leave the group last week. He will be replaced on an interim basis by Marcel Bättig, COO of the business….
Stanley Young Departs Bloomberg
Stanley Young has left Bloomberg, where he was CEO of the company’s Enterprise Products and Solutions division. He was with Bloomberg almost a year, having joined in June 2012. A Bloomberg spokesperson offered this statement: “Stanley Young joined Bloomberg to help broaden our enterprise offerings and strategy. As part of that initiative, he helped us…
Stop Press: Palmieri Parts Company with Bloomberg
Roseann Palmieri, poached two years ago from Thomson Reuters to launch Bloomberg’s enterprise data management business and a prime-mover in the latter’s acquisition of PolarLake, has left the firm. In a statement, Bloomberg confirmed her departure, saying “Roseann Palmieri has left Bloomberg. She joined the company to build the EDM business, and she accomplished that…
A-Team Video with Eccleston on S&P Capital IQ’s Vision for R2, QuantHouse and CMA in 2013 – and Beyond
Lou Eccleston, President of S&P Capital IQ, talks to A-Team’s Andrew Delaney about the company’s recent spate of corporate acquisitions, which saw the addition of risk specialist R2, ultra low-latency data provider QuantHouse and OTC derivatives valuations provider CMA. Eccleston explains the rationale behind each of the transactions, and presents his vision for combining the three…
Former Avox Chief Price Returns to Data Management Coalface at Strevus
Ken Price, the co-founder and CEO of Avox, who left the company late last year, has surfaced as vice president of sales at Strevus, a Silicon Valley start-up aimed at driving down the cost and improving the quality of managing digital assets in the finance sector. At Strevus, Price joins founders Ken Hoang, CEO of…
SEC Names RiskMetrics Co-Founder Gregg Berman as Head of Office of Analytics and Research
The US Securities and Exchange Commission (SEC) has named risk expert Gregg Berman as head of the Office of Analytics and Research in its Division of Trading and Markets. The office was set up last year to conduct research and analysis that will help inform the Commission’s policies on markets and market structure. Its focus…
SunGard Confirms Departure of Marketing Chief Paul Wilson
It has emerged that Paul Wilson has left the role of chief marketing officer (CMO) at SunGard Financial Systems after working at the company for a total of nearly 14 years. Wilson joined SunGard in 1999, initially leading the marketing of two international business segments before being promoted to lead corporate marketing in EMEA and…
US Senate Names Former Morgan Stanley Economist Berner as OFR Director
The US Senate has named former Morgan Stanley executive Richard Berner as the first director of the Office of Financial Research (OFR). The OFR was set up under the Dodd-Frank legislation within the US Treasury Department and charged with tasks such as the development of a global legal entity identifier (LEI) system that will improve…