After six years at Thomson Reuters, most recently as head of post trade services, Christopher Bannocks has left the vendor to join Japanese firm Nomura’s UK-based Nomura International team as managing director in charge of reference data programmes. Prior to his exit, Bannocks moved from the Enterprise division to the front office focused Sales and Trading division within Thomson Reuters Markets, back in January last year. His move to Nomura International, however, will see him back in the reference data fold.
There have been a fair few notable exits and entrances at Thomson Reuters over the last few months, including the resignation of Mark Redwood, head of its Markets’ Sales and Trading unit, at the start of July and the addition of new execs including new global head of Enterprise content Roseann Palmieri back in April, who seems to have taken over many of the duties previously held by Tim Rice in the reference data space. The post-merger shakeup has caused a great deal of speculation about who will be next to depart and next to join, as the restructure continues.
Bannocks joined Reuters back in 2004 as global head of product implementation, prior to which he ran his own reference data consultancy, Sprint Solutions. During his time at pre-merger Reuters, he was heavily focused on the reference data space, including initial responsibility for sales of the pricing and reference data solution DataScope and later for the general management of the Reuters EDM business in EMEA.
Following the merger, the Reuters’ EDM business was integrated into the larger IMS division and Bannocks took over responsibility for the growth of the IMS business in EMEA as director of business management for the division. However, he was only in the role for a period of eight months, after which he was moved to work for the Sales and Trading Division within Thomson Reuters Markets. There he headed the vendor’s Post Trade Services Business in EMEA for a year and a half and focused on growing the RTNS business revenues across the region.