About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

From the Trenches

Subscribe to our newsletter

The benefit of operating on the ground is, of course, that you get to figure what’s really going on. None of this learning vicariously through various media, like this one. The real deal.

And so it wasn’t long after touching down in New York – well Newark, actually, after an 18-hour haul courtesy of Continental – that I learned that Danny Moore, former CEO and COO of Wombat Financial and a primary player in the emergence of NYSE Technologies, was “no longer with the company.”

In fact, Moore resigned three weeks ago. His whereabouts are unknown, but he’s presumably on the beach (who could blame him?). A NYSE spokesman confirms his departure, but couldn’t say who, if anyone, had taken over his responsibilities.

In the last role at NYSE Technologies that we were aware of, he was chief operating officer of the company, reporting to CEO Stanley Young, a slot opened up by the departure of one-time TransactTools CEO Sam Johnson. The two – Moore and Johnson – had been co-heads of NYSE Technologies’ short-lived predecessor, NYSE Euronext Advanced Trading Solutions, formed by the acquisition of Wombat, TransactTools and others.

Once the initial shock of Moore’s departure had subsided, it dawned on me that his strong entrepreneurial talents, which helped propel Wombat from obscure feedhandler developer to $200 million NYSE Euronext acquisition, may not be the best fit for a large and increasingly diversified company like NYSE Technologies.

Time to hit the beach with a book, and ponder Wombat Mk II.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Pre- & post-trade transparency: quote & trade reporting under MiFID II

MiFID II sets transparency requirements for pre- and post-trade disclosure of order details, along with transaction reporting that identifies reference and post-trade data. The directive’s related MiFIR regulation extends pre-transparency rules to apply to depository receipts, exchange-traded funds, certificates trading on a venue, bonds and structured products trading on a regulated market, and emission allowances...

BLOG

Fenergo Adds Senior Product Leads to Sharpen AI driven CLM and Financial Crime Roadmap

Fenergo has appointed three experienced product leaders – Sharon Bodkin (VP, Banking Product), Neil D’Rosario (VP, Buyside Product) and Adam McLaughlin (Director, Financial Crime Product) – to advance its client?lifecycle management (CLM) and financial?crime portfolio. The roles are effective immediately and align with the company’s push to let financial institutions manage CLM and financial?crime tasks...

EVENT

TEST Event page 2

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Institutional Digital Assets Handbook 2024

Despite the setback of the FTX collapse, institutional interest in digital assets has grown markedly in the past 12 months, with firms of all sizes now acknowledging participation in some form. While as recently as a year ago, institutional trading firms were taking a cautious stance toward their use, the acceptance of tokenisation, stablecoins, and...