Thomson Reuters has filled a gap in the senior ranks of its Enterprise Solutions unit, with the appointment of Deutsche Bank’s Ralf Roth to the role of global head of Elektron Transactions and Strategy. Elektron is the company’s managed hosting and co-location offering, providing low-latency market data, risk management, analytics and transactional services.
At Deutsche Bank, Roth was responsible for products covering algorithmic and high frequency trading, analytics, execution and order management, as well as low latency infrastructure and compliance. And before that, he was CIO of prime brokerage for the bank.
At Thomson Reuters, Elektron was once the remit of Mike Powell, though he was recently focused on global content within the Enterprise Solutions unit. Meanwhile, Terry Roche was assigned to manage the Realtime platform globally. So Roth’s appointment rounds out this triumverate spearheading the unit’s key offerings. All of them report to Enterprise Solutions president Jon Robson.
Stay tuned for more information. Roth’s title of ‘Elektron Transactions’ is interesting, and one wonders whether Powell and Roche have a role to play on the market data delivery side. Questions are being asked!
Meanwhile, here’s a video of Roth pitching Intel’s technology.