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McGee Suffers Same Fate as Simon as Corero Restructuring Makes CEO Role Redundant
Jarlath McGee has agreed to resign his role as chief executive and board member at Corero, formerly Mondas, the troubled provider of among other solutions the Radica CAPS corporate actions processing system. McGee had himself earlier engineered the removal of Tim Simon, Mondas’s founder. This move follows Corero’s restructuring into two operating divisions – financial…
Mellon’s Buzzelli Takes Fund Admin Experience to Reuters
Reuters’ ability to meet the needs of fund administrators and their clients for reference data and pricing services has received a boost from the addition of Brian Buzzelli, formerly vice president and product manager for outsourcing services at the Bank of New York Mellon, as a business manager in its Enterprise Information division in New…
Paladyne Names Simmonds to Head Europe
Paladyne Systems has named David Simmonds, formerly of Misys to head its new London Office.
PolarLake Apponts Brazel as Chairman
PolarLake has appointed Patrick Brazel, an industry veteran of 25 years, as chairman. Brazel is also chairman of GoldTier.
Williams Departs as U.K. MD of Citadel Associates
Jean Williams, U.K. managing director of buy side data management solutions vendor Citadel Associates, is no longer with the company. At press time, her whereabouts could not be ascertained.
Buzzelli to Depart Mellon to Join Reuters
Brian Buzzelli, who has led Mellon Financial’s foray into provision and management of reference data as part of its securities administration services offerings, is leaving the custody bank to join Reuters’ enterprise data group as part of the DataScope team. Further details weren’t available at press time.
Koch Quits Telekurs Just Weeks after Assuming New Marketing Policy Role
Telekurs Financial veteran Beat Koch has decided to leave the company. Koch most recently was head of the Swiss vendor’s global marketing policies & project function, a role he assumed under a major reorganization this spring. Before that, he was head of Telekurs Financial’s U.K. operating subsidiary and had led other subsidiaries in the past….
PolarLake Unveils OTC Derivatives Solution Based on Reference Data Distribution System
Dublin-based PolarLake has tailored its reference data distribution capabilities to create a trade lifecycle solution for the OTC derivatives marketplace. The new platform provides integration of FpML (Financial Products Markup Language)-based trade messages, reconciliation and trade matching, and business process management for OTC derivatives. According to CEO John Randles, the new platform emerged from the…
Asset Control Appoints Misys’ Bennfors CFO; IBM’s Katsoff Head of Services
Asset Control has appointed two new executives to its senior management team. Peter Bennfors joins the company from his role as operations director with the treasury and capital markets group at Misys as chief financial officer, and Rich Katsoff joins from IBM, where he was associate partner within the business consulting/financial markets group, in a…
Siperian Expands Team with Four Key Hires
Siperian, developer of a master data management (MDM) platform, has appointed four people to its executive team in response to the company’s growth and expansion into new markets. Joining Siperian are Dr Jeff Sidell in the newly created position of chief scientist; Sean Ward as vice president, worldwide sales; Tony Spensieri as vice president, financial…