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Brian Conroy Appointed Liquidnet President

Liquidnet, a technology-driven, global institutional investment network, has appointed Brian Conroy as president. In this role, Conroy will work alongside Liquidnet CEO and founder, Seth Merrin. Conroy brings over three decades of experience in the financial services industry to Liquidnet, joining the company from Fidelity International in London, where he served as president. He will be based in New York and report directly to the CEO.

Artur Fischer Steps Down from Role of CEO at Equiduct

Artur Fischer, CEO of Börse Berlin and responsible for founding Equiduct, is stepping down from his position as the joint CEO of Equiduct. David Murphy, who has served as chief operating officer and head of operations and business development at Equiduct, is set to succeed Fischer. Equiduct is a pan-European trading venue operated by Börse Berlin and offering trading platforms for professional investors and retail investors.

Horizon Names Philippe Thomas as an Advisory Board Member

Horizon Software has named Philippe Thomas as a member of its advisory board. Thomas has previously held executive positions at Ullink and SunGard, and joins Horizon from his role as a consultant and investor at New World Wind, a provider of sustainable electrical services. The appointment is part of the company’s expansion strategy following an MBO in June 2018 and requires Thomas to provide coaching on business strategies that will support Horizon’s global growth.

FIX Trading Community Calls for Industry Participants to Join New Working Groups

FIX is inviting industry participants to join a number of new working groups that will operate under the FIX Trading Community umbrella.

The working groups include a repo working group covering how to automate the lifecycle of repos using FIX and an RMB products group to propose enhancements to the FIX Protocol for RMB product related workflows. A securities lending group will develop messages to support automated processing of securities lending and an SFTR group will help firms meet the challenges of Securities Financing Transactions Regulation (SFTR), including reporting obligations that are expected to come into play in late 2019 or early 2020.

If you would like to join any of these working groups contact the FIX Program Office – fix@fixtrading.org.

QuantHouse Appoints CTO and COO to Drive Growth and Innovation

QuantHouse has appointed its co-founder Denery Fenouil as chief technology officer (CTO) and Emmanuel Carjat, co-founder of Atrium Network, as chief operating officer (COO) to facilitate the company’s global growth. Rejoining the firm to oversee software and technology development, Fenouil was previously the architect of QuantHouse’s low latency market data solution. As COO, Carjat will manage QuantHouse’s operations and guide continued growth, which the firm says has escalated since the buyback from S&P in 2017, driven by product innovation and strategic investment.

Fintech Advisor Amar Rajani Joins VTFinTech Board

VTFinTech, a provider of index management and research evaluation services, has named Amar Rajani as a member of its board with immediate effect. Rajani is the founder and managing director of Argella, an advisory firm specialising in fintech and with specialist knowledge in research, data and analytics. Prior to founding Argella, Rajani spent 17 years at Bloomberg, where he was responsible for a range of buy-side and sell-side products.

VTFinTech manages investment portfolios and bespoke benchmarks through its Parity One solution and provides independent evaluation of investment research through Parity One Research, helping firms comply with EU Benchmarks Regulation and the research unbundling requirements of MiFID II.

Rajani says: “VTFinTech has come together to transform the way investments are done today by introducing intelligent quantitative techniques and automation into various investment functions. Its unique offering is a game changer in today’s post MiFID II research environment.”

FSB Names US Federal Reserve’s Randal K Quarles as Chair

Mark Carney will step down from the role of chair at the Financial Stability Board (FSB) at the end of this month, making way for Randal K Quarles, governor and vice chairman for supervision at the US Federal Reserve, to take the chair for a three-year term running from December 2, 2018 to December 1, 2021. Klaas Knot, president of De Nederlandsche Bank, becomes vice chair and will succeed Quarles as chair from December 2, 2021 to December 1, 2024. The appointments were recommended by a specially convened FSB nominations committee and unanimously agreed by the plenary of the organisation.

LSE Group Names Tom Dunlap as CDO of Information Services Division

London Stock Exchange Group (LSEG) has named Tom Dunlap as chief data officer (CDO) of its Information Services Division, which includes global index provider FTSE Russell. The role is new and gives Dunlap responsibility for developing and leading the division’s global data strategy, overseeing a global team across multiple sites, engaging with key global clients, and working collaboratively across LSEG’s business, operations and technology areas to drive future growth.

Dunlap will be based in LSEG’s Fort Mill, South Carolina office and will report jointly to Mark Makepeace, CEO of FTSE Russell and group director of the Information Services Division, and Chris Corrado, group chief operating officer and group chief information officer at LSEG.

Makepeace comments: “I’m delighted to welcome Tom Dunlap to LSEG. Data is key to our continued future growth as a global information services business. With nearly 30 years of financial services industry experience across a wide range of leadership roles in data management and operations, Tom will further develop and grow our data business in line with increased client demand.”

Most recently, Dunlap was a senior consultant and advisor to Raymond James Financial. Before that, he spent 18 years with Goldman Sachs in a variety of operations and data leadership assignments, most recently as managing director of operations and global head of the firm’s enterprise data strategy.

LSE Group Names Tom Dunlap as CDO of Information Services Division

London Stock Exchange Group (LSEG) has named Tom Dunlap as chief data officer (CDO) of its Information Services Division, which includes global index provider FTSE Russell. The role is new and gives Dunlap responsibility for developing and leading the division’s global data strategy, overseeing a global team across multiple sites, engaging with key global clients, and working collaboratively across LSEG’s business, operations and technology areas to drive future growth. Dunlap will be based in LSEG’s Fort Mill, South Carolina office.

Horizon Software Names Keith Todd as a Member of its Advisory Board

Horizon Software has named Keith Todd CBE as a member of its advisory board. The addition of Todd to the Horizon team follows a management buy-out of the company with private equity firm Capzanine in June 2018 and a period of growth. Todd brings over 40 years of technology business experience to institutions ranging from publicly listed and large multinationals to start-ups. Before launching the software group KRM22, of which Todd is chairman and CEO, Todd was executive chairman at ION Agency Trading. He also served as executive chairman and CEO of FFastFill, a software-as-a-service provider to the derivatives community.