FRM22 Hires Steve Sparke As Non-Exec Director

Software tech firm KRM22 today announced the appointment of Steve Sparke as a Non-Executive Director of the Company. He will replace Matt Reed, Independent Non-Executive Director, who is stepping down to focus on other business commitments. Steve was recently COO of Marex Spectron where he was responsible for the firm’s operating environment. During his time at Marex, he transformed the firm’s operating model to become Europe’s largest independent commodity broker. Sparke is currently non-executive Chairman of FIA European Advisory Board and has held board positions at FIA Washington and NYSE Euronext LIFFE (now ICE Europe).

Redline Hires Andrij Wowkodaw as Global Head of FX Exchange

Redline Trading Solutions, a provider of high-performance market data and order execution systems for automated trading, has named Andrij Wowkodaw as global head of foreign exchange. Wowkodaw brings over 15 years of buy-side and sell-side electronic and algorithmic trading experience to Redline. Most recently, he was director of eFX quantitative analysis at Scotiabank. Before that, Wowkodaw held trading and portfolio management roles at AXE Capital Management, Eagleview Capital Partners, First New York Securities,
and Millennium Partners.

Finastra Hires CDO to Lead Data Product Roadmap

Finastra has hired Lisa Fiondella as chief data officer to lead data strategy. She is responsible for developing a data product roadmap and managing the process of bringing new data products to market based on data mined from the company’s FusionFabric.cloud platform and cloud-based solutions. Fiondella has experience spanning data, analytics, financial services, product management, product development, marketing, sales and operations. She most recently served as vice president of analytic products for Experian.

Luminex Adds Financial and Technology Professionals

Luminex Trading & Analytics, a buy side-owned trading venue delivering efficient, low-cost block executions, has hired three financial and technology professionals to meet growing engagement with its platform by its community of investment management firms. Joshua Reed has joined as a sales and relationship manager, Joshua Opper as director of infrastructure, and Robin Burr as a software engineer. Since launch in November 2015, trading among Luminex’s participants has grown steadily.

AxiomSL Appoints Claudia Thurner As EMEA General Manager

AxiomSL, a provider of regulatory reporting and risk management solutions, has announced the appointment of Claudia Thurner as EMEA General Manager. Thurner joins from SmartStream, Technologies where she led European and Latin American Sales and Global Strategic Accounts. Previously, she was at Thomson Reuters based in Europe, Asia, and the US where she specialised in risk management business and product development. Ed Royan, previously General Manager for EMEA, has moved to a new position as Head of Global Products.

Finantix Adds Senior Hires to Swiss Team

Finantix, a technology provider to wealth management, insurance and banking, has made two senior hires to its Swiss team. Albert Iselin joins as executive director for DACH (Germany, Austria, and Switzerland) and Anja de Troyer joins as client product manager. Both have a remit to support and grow the firm’s presence in the region. Iselin joins Finantix from Avaloq, where he spent 14 years in various roles, while de Troyer joins with more than 20 years of industry experience including strategic and business consultancy. The Venice headquartered company recently extended its presence across Asia-Pacific and in other parts of Europe.

All Change at the Bank for International Settlements

The Bank for International Settlements (BIS) has named Jerome Powell, chair of the Federal Reserve System, as chair of the Global Economy Meeting and Economic Consultative Committee. He succeeds Mark Carney. John Williams, president of the Federal Reserve Bank of New York, becomes chair of the BIS Consultative Council for the Americas. Sir Jon Cunliffe, deputy governor of the Bank of England, becomes chair of the Committee on Payments and Market Infrastructures. Separately the BCBS selected François Villeroy de Galhau, Governor of the Bank of France, as chair replacing Mario Draghi. ECB president Christine Lagarde becomes a BIS board member.

Finantix Appoints Two Senior Hires to European Team

Technology provider Finantix technology has appointed two further senior hires as part of the Finantix Swiss-based team. Albert Iselin joins as Executive Director for DACH (Germany, Austria, and Switzerland) and Anja de Troyer joins as Client Product Manager, both with the remit to support and further grow the firm’s presence in the region. Albert joins Finantix from Avaloq, where he spent 14 years in various roles, while Anja has more than 20 years of industry experience gained through positions held in strategic and business consultancy, chief of staff, sales and product management roles covering European as well as global markets.

MetricStream Creates ‘Office of the CEO’

California-based Governance, risk and compliance (GRC) and integrated risk management (IRM) solutions provider MetricStream has created a new ‘Office of the CEO’ led by Andreas Diggelmann, interim CEO, and Gaurav Kapoor, COO. Former CEO Mikael Hagstroem has left to pursue other interests, but will retain a seat on the board.

Diggelmann was formerly EVP and CTO at MetricStream responsible for products, engineering, and consulting; while Kapoor Kapoor has been involved with the company since its inception, responsible for its Go-to-Market strategy including sales, marketing, communities, partner and alliances ecosystem and geographic expansion.

DTCC Promotes Lynn Bishop to CIO

DTCC has appointed Lynn Bishop as chief information officer with responsibility for the ongoing development and testing of the technology that supports DTCC’s post-trade infrastructure, communications networks, processing and messaging systems, as well as the IT applications underlying DTCC’s products and services. Bishop is a member of the firm’s management committee and reports directly to DTCC CEO, Michael Bodson. She was previously DTCC’s chief development officer (CDO) and, before that, chief technology officer.