Data, portfolio valuations and OTC derivatives trade processing vendor Markit has appointed ex-Morgan Stanley managing director Armins Rusis as executive vice president and global co-head of fixed income. Rusis will join Markit’s New York office and share responsibility for the firm’s data and analytics products with Kevin Gould, executive vice president and a founder of Markit.
Rusis worked at Morgan Stanley for 17 years, most recently as managing director and head of US credit trading and global head of securitised and structured credit trading. He was a member of the Morgan Stanley European management committee as well as the firm’s fixed income operating committee. He also served as the Morgan Stanley board director of Markit for three years.
Gould says: “The appointment of Armins to the Markit executive team will significantly strengthen our ability to develop solutions for the market, and demonstrates our commitment to employ people of the highest calibre.”
Rusis adds: “Kevin and I have some very exciting plans to develop new products and services that will help support the continued growth of the OTC markets worldwide.”