Omgeo, the Thomson Financial/DTCC-owned provider of post-trade, pre-settlement services including Alert for standing settlement instructions (SSIs), has hired Fritz McCormick as data business director. McCormick comes from GoldenSource, where he was vice president of business development and alliances. Prior to that he worked at analyst Celent. McCormick is responsible for the evolution of Omgeo’s data services and for investigating opportunities to provide solutions that leverage this data. He will be based in Boston and report to Steve Matthews, managing director, product.
Omgeo has also hired Matthew Nelson as director, market intelligence. Nelson comes from analyst TowerGroup, and counts a stint at Interactive Data among his earlier roles. He will be tasked with developing metrics-driven market data that identifies and supports Omgeo’s current and future opportunities. Nelson is also based in Boston and will report directly to Tim Lind – ex of both GoldenSource and TowerGroup, who joined Omgeo as managing director, strategic planning, in June.