TradingTech Insight People
FSB Names US Federal Reserve’s Randal K Quarles as Chair
Mark Carney will step down from the role of chair at the Financial Stability Board (FSB) at the end of this month, making way for Randal K Quarles, governor and vice chairman for supervision at the US Federal Reserve, to take the chair for a three-year term running from December 2, 2018 to December 1, 2021. Klaas Knot, president of De Nederlandsche Bank, becomes vice chair and will succeed Quarles as chair from December 2, 2021 to December 1, 2024. The appointments were recommended by a specially convened FSB nominations committee and unanimously agreed by the plenary of the organisation.
LSE Group Names Tom Dunlap as CDO of Information Services Division
London Stock Exchange Group (LSEG) has named Tom Dunlap as chief data officer (CDO) of its Information Services Division, which includes global index provider FTSE Russell. The role is new and gives Dunlap responsibility for developing and leading the division’s global data strategy, overseeing a global team across multiple sites, engaging with key global clients, and working collaboratively across LSEG’s business, operations and technology areas to drive future growth. Dunlap will be based in LSEG’s Fort Mill, South Carolina office.
Horizon Software Names Keith Todd as a Member of its Advisory Board
Horizon Software has named Keith Todd CBE as a member of its advisory board. The addition of Todd to the Horizon team follows a management buy-out of the company with private equity firm Capzanine in June 2018 and a period of growth. Todd brings over 40 years of technology business experience to institutions ranging from publicly listed and large multinationals to start-ups. Before launching the software group KRM22, of which Todd is chairman and CEO, Todd was executive chairman at ION Agency Trading. He also served as executive chairman and CEO of FFastFill, a software-as-a-service provider to the derivatives community.
Digiterre Names Rob Swan as Partner and Commercial Director
Trading and investment technology supplier Digiterre has named Rob Swan as partner and commercial director. Swan has held positions at HSBC Asset Management, Close Brothers, Henderson Global Investors, Skandia Investment Management and Neuberger Berman. He most recently led the data services team at Calastone, where he offered a global distribution insight tool for both fund manufacturers and distributors. At Digiterre, Swan will be responsible for overseeing commercial strategy and increasing offerings to new and existing clients.
Vela Names Scott Visconti as Chief Technology Officer
Vela has named Scott Visconti as chief technology officer (CTO), a role reporting to CEO Jennifer Nayar and responsible for technology strategy, supporting growth and next stage development of Vela’s product stack, services and processes. Visconti will be based in Vela’s headquarters in New York and will lead the global development team while working alongside the executive team to cement the firm’s position as an innovative and transformational leader. Prior to joining Vela, Visconti co-founded MarketOpen, a start-up data analytics platform providing trading surveillance of stocks, exchange-traded funds, equity options, futures and crypto assets for investor relations and market professionals.
Style Analytics Names Kwok, Son to Senior Roles
Style Analytics has made two senior hires to bolster its global sales and marketing efforts in response to rising demand for its trade analysis software. Former Markit and SimCorp marketing executive Sylvia Kwok joins as chief marketing officer, while former Misys strategy head Richard Son comes on board as head of sales operations. Style Analytics has reported a surge in orders for its portfolio risk and performance analysis system, adding a record 12 new clients in the first quarter.