Originally appeared in MiFID Monitor
GlobeOp Financial Services has appointed risk management veteran Tony Glickman as global head of risk services and member of its operating committee. He will report to Vernon Barback, GlobeOp president and chief operating officer, and will be based in the company’s New York City office.
According to Barback, Glickman was chosen for the role because of his in-depth understanding of clients’ requirements for risk reporting services. “The current turbulent market underlines the importance of risk measurement, analytics and reporting to hedge funds and investors alike. This presents GlobeOp with significant opportunities,” he says.
Glickman began his career as a proprietary trader at Bankers Trust and at Chemical Bank. He also served as head of proprietary trading, and later as treasurer and head of portfolio risk management, during eight years with the Canadian Imperial Bank of Commerce (CIBC). Prior to and following CIBC, he launched and led funds specialising in bond arbitrage, volatility arbitrage and global macro strategies. In addition, he has served as a consultant to asset managers, public pension funds, central bankers and regulators on strategic risk management issues.