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Broadridge Acquires City Networks, a Provider of Reconciliation and Process Automation Solutions

Broadridge Financial Solutions today announced that it has completed the acquisition of City Networks, a software and services provider of reconciliation, multi-asset process automation and operational risk management solutions to the global financial services industry. The acquisition further accelerates Broadridge’s international strategic growth, extending its growing range of solutions and competencies to its existing bank-broker…

Armour Appointed to Lead DST Global Solutions Business Process Solutions Division

DST Global Solutions has appointed Tony Armour as Managing Director of the company’s Business Process Solutions (BPS) division. Armour will be responsible for building on the organisation’s success in delivering solutions to the financial services industry as well as identifying and penetrating new and emerging markets. DST Global Solutions’ BPS business provides solutions to the…

QuIC Appoints Calvert as Chief Technology Officer

QuIC Financial Technologies, a risk management, pricing and analytic solutions provider, today announced the appointment of industry veteran Simon Calvert to the position of chief technology officer. In this position, Calvert will play a leading role in driving QuIC’s technology vision and reinforcing its reputation as an innovator in the industry during the next phase…

Electra Information Systems Appoints Marketing Executive

Electra Information Systems, a provider of post-trade solutions for the institutional investor marketplace, including trade settlement, reconciliation, data collection and aggregation, today announced that Janis Alber has joined the company to lead its marketing and public relations initiatives. This move reinforces Electra’s growth strategy and further underscores Electra’s leadership position within the financial technology market….

Ex-S&P MD Biltoo Joins Global Carbon Ratings and Analytics Outfit IDEAcarbon

After more than six years at the helm of Standard & Poor’s Fixed Income Solutions business, Krishna Biltoo has headed off to pastures new, and particularly green pastures at that. Biltoo is now joint CEO at carbon finance ratings, research and analytical solution provider, IDEAcarbon. The start-up was founded back in 2007 and is aiming…

Sieracki and Creswell to Head Sales for Netik

Netik LLC, a global leading provider of financial data management and reporting services and products, announced today two significant management appointments in the Sales Department. Frank Sieracki has been appointed as Managing Director of North American Sales and Ed Creswell has moved internally into the position of Head of European Sales. Sieracki and Creswell will…

Interactive Data Appoints Jeffrey Torchon ETFs Global Market Manager

Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced that it has named Jeffrey L. Torchon to the newly created position of exchange traded funds (ETFs) global market manager. Torchon, age 49, is responsible for providing global leadership related to product strategy, innovation, sales development and operational efficiencies…

Netik Adds Another Ex-Deutsche Bank Exec Manaktala to Lead Expansion of Bangalore Operations

Following the exit of former CEO John Wise, former president Colin Close and long serving exec Keith Hale earlier this year, data management outsourcing solution vendor Netik had some serious management shoes to fill and, to this end, has added another ex-Deutsche Bank exec to its ranks in the form of Ishan Manaktala. Manaktala joins…

Omgeo Adds Financial Services Industry Veterans to Board of Managers

Omgeo welcomes Donald Donahue, chairman and CEO of the Depository Trust & Clearing Corporation (DTCC), as the new chairman of its board of managers. Richard Macek, former executive managing director Risk and Finance for DTCC, who has served as chairman of Omgeo’s board of managers since December 2004, retires from his position, having played a…

StatPro North America Expands Sales Leadership Team

StatPro, a global provider of portfolio analysis and asset valuation software for investment professionals, today announced the expansion of its North American sales team with the addition of Holli McCaffery and David Meister. Both McCaffery and Meister bring years of finance and technology experience to StatPro from leading companies such as Morningstar, Thomson Reuters and…