The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

JonesTrading Names Garceau CTO

JonesTrading Institutional Services LLC, a leading brokerage firm, which provides institutions with global block trading across a range of instruments, announced today the appointment of Jack Garceau as Chief Technology Officer. Mr. Garceau joins the firm at a critical time in its growth. Over the course of the last year JonesTrading has expanded in both asset classes and regions served. The new position is designed to architect and implement a range of programs covering internal technologies across a variety of functions, as well as to develop greater efficiencies in JonesTrading’s interactions with clients.

This is the first is a series of strategic appointments the firm is poised to make in the coming months. Despite the general downturn in financial services, JonesTrading anticipates that the firm will continue to grow and it is expanding its personnel to resource for this anticipated growth.

Mr. Garceau brings over two decades of financial services and technology experience to the position. He has spent the past thirteen years at Fidessa group plc where he served in a number of senior positions. Most recently, as Head of Business Development, he was instrumental in defining product strategy to insure that products reflected the needs of clients and that the firm provided innovative solutions to the marketplace. He also successfully launched Fidessa’s EMS business in the U.S. His technology experience includes stints with SunGard and Bloomberg L.P. His trading experience includes work at OppenheimerFunds, Inc. in equities, and Chicago Corp in commodities.

Said Packy Jones, JonesTrading’s Chairman and CEO: “JonesTrading continues to grow despite the current turmoil in the financial markets because we provide clients with quality execution in a trading environment rooted in expertise and trust. This approach and these principles have served us well for over 35 years. As we continued to grow our business, it is now appropriate that we take a strategic approach to technology ideas and issues. We are building technology to assure that we have in place a sophisticated foundation for continued success. Jack Garceau brings the right combination of expertise and experience and understands our goals. He will fully design and implement technology that will serve both our traders and clients.”

Said Jack Garceau: “JonesTrading represents a genuine alternative to current trading mechanisms by combining an essential relationship approach backed by best of breed technology. As we grow the business, I look forward to working with my colleagues at JonesTrading to secure the infrastructure required to accommodate both the internal strategic goals and the external growth.”

Related content

WEBINAR

Recorded Webinar: Trade Surveillance and data capture for MiFID II compliance

Don’t miss this opportunity to view the recording of this recently held webinar. Under MiFID II and MiFIR, any firm participating in electronic trading of financial instruments will need to conduct real-time monitoring of current trading activity and be able to sequentially reconstruct past trading events. No longer will capture and reporting of transaction data...

BLOG

Beate Born Joins SIX as Head of Global Business Management

Beate Born has moved on from a 15 year tenure at UBS to join the financial information business of Zurich-based SIX as head of global business management. In her new role she will drive the business’s key strategic goals. Born will also play a part in extending SIX’s strength beyond home markets and into international...

EVENT

Data Management Summit USA Virtual

Now in its 11th year, the Data Management Summit USA Virtual explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

Regulatory Data Handbook 2018/2019 – Sixth Edition

In a testament to the enduring popularity of the A-Team Regulatory Data Handbook, we are delighted to publish a sixth edition for 2018-19 of our comprehensive guide to all the regulations and rules that might impact data and data management at your institution. As in previous editions of the Regulatory Data Handbook, we have updated...