Broadridge Appoints Frank Troise as President of Trading & Connectivity Solutions

Broadridge Financial Solutions has announced Frank Troise as the new President of Broadridge Trading & Connectivity Solutions and Vice Chairman of Broadridge Capital Markets, effective April 29, 2024. Succeeding Ray Tierney, Troise will lead the division into a new phase aimed at simplifying and enhancing multi-asset and multi-workflow trading across global markets. This strategic appointment follows Broadridge’s recent launch of a Futures and Options platform, marking another milestone in its expansion.

With over three decades of experience in trading and technology, Troise brings a wealth of knowledge to his new role. He previously held significant positions including Co-CEO and Board Member at Pico Quantitative Trading, as well as leadership roles at Investment Technology Group, J.P. Morgan’s Execution Services, and major firms such as Barclays and Lehman Brothers. His extensive background positions him to drive innovation and growth at Broadridge.

Rob Kirby Rejoins QuantHouse as Head of Sales and Business Development for EMEA

QuantHouse, an Iress company, has announced the appointment of Rob Kirby as its new Head of Sales and Business Development for the EMEA region. Kirby, returning to QuantHouse after roles at Thomson Reuters, Refinitiv, and the London Stock Exchange Group, brings a wealth of experience from the financial data and trading systems industry. During his previous tenure at QuantHouse between 2009 and 2011, he was instrumental in securing relationships with key clients who remain with the company over a decade later.

Kirby’s reappointment is set to bolster the company’s strategic partnerships and client growth across Europe, the Middle East, and Africa, capitalising on his extensive network and strategic expertise in these regions.

Appital Hires Former HSBC Trader John Coules Amid Growth Surge

Appital, the technology platform for peer-to-peer price discovery and liquidity sourcing, has recruited John Coules as part of its business development team. Previously a high-touch sales trader at HSBC, Coules’ appointment comes during a period of substantial growth for Appital, highlighted by achieving $4.0bn in buyside liquidity since the introduction of Appital Insights in September 2023. With over three decades of experience in sales trading and relationship building across major European markets, Coules is set to strengthen Appital’s partnerships and enhance liquidity opportunities in the UK and Europe.

Appital’s platform provides the buyside community with access to deal flows and execution opportunities, facilitating discreet large ADV order executions through Appital Insights, which not only assesses the viability of these transactions without market impact but also connects traders and portfolio managers with significant liquidity events across relevant equities.

NeoXam Names Matthew Greninger as Managing Director of Americas Region

NeoXam, a provider of data management, reporting, portfolio management and valuation software, has named Matthew Greninger, former head of sales for the Americas at Duco, as managing director of its Americas region operating out of the company’s NeoXam’s New York City office.

Under the global management of NeoXam CEO Florent Fabre, Greninger will join the company’s group executive committee, along with other regional heads. He will be responsible for overseeing profit and loss management and go-to-market initiatives for the Americas region by leading the local team, managing client accounts, increasing partnerships, and strengthening NeoXam’s local reputation.

Encompass Names Neil Acworth Chief Information Security Officer

Encompass Corporation, a provider of real-time digital Know Your Customer (KYC) profiles, has appointed Neil Acworth as chief information security officer (CISO) as part of its focus on delivering gold-standard information security processes to global banks. Acworth joins Encompass with extensive experience in the technology space and will oversee the company’s information security team and drive its ongoing commitment to promoting best practices in fighting financial crime and contributing to business growth.

Stuart Barnard, vice president of finance and business operations at?Encompass, comments: “Compliance is at the heart of what we do. Hiring Neil Acworth as our CISO brings this to life, in terms of how we operate internally and externally. For banks, we know security isn’t just about ticking a box, it’s business critical, and we’re focused on being the proactive and trusted partner that our customers need.”

The appointment follows Encompass’s recent acquisitions of CoorpID and Blacksmith KYC.

TradingHub Bolsters Leadership Team, Appoints New CFO and Global Head of Sales Amid Strong Growth

TradingHub, the trade surveillance software provider, has appointed Stephen Bergin as Chief Financial Officer (CFO) and Shayne Ganeson as Global Head of Sales and Relationship Management. The move aims to bolster the company’s market position and sustain its impressive trajectory of growth, underscored by a 30% increase in annual recurring revenue.

Bergin, who joined as Head of Finance in 2021, brings extensive financial executive experience from his tenure at firms such as Thomson Reuters and the London Stock Exchange Group. Ganeson, transitioning from his role as North American Market Head, has been instrumental in enhancing TradingHub’s reputation and client relationships in major financial markets, leveraging his comprehensive background in various sectors of the finance industry, including positions at Credit Suisse and Morgan Stanley.

Sharon Biran Appointed as DTCC’s New Chief Client Officer

DTCC has announced Sharon Biran as its new Managing Director and Chief Client Officer, effective from March 25. Biran, succeeding Timothy Keady, joins DTCC’s Executive Committee and will report directly to President and CEO Francis J. La Salla. Her responsibilities encompass overseeing the firm’s global client management and engagement strategy, which includes sales, relationship management, marketing, communications, and leading DTCC’s Consulting Services business.

With over 25 years of experience in senior leadership roles within the financial services industry, including significant tenure at Accenture and roles at UBS and JPMorgan Chase, Biran brings a wealth of experience in strategic client relationship management, global transformation programs, and operational resilience initiatives.

SIGMA Financial AI Appoints Rachel Przybylski as Chief Product Officer

AI-driven trading solutions vendor SIGMA Financial AI has announced the appointment of Rachel Przybylski as the company’s new Chief Product Officer. With a career spanning over two decades in global financial markets, Przybylski has an extensive background with leadership positions at Saxo Capital Markets, Nasdaq, and Nomura. Her expertise includes managing complex trading and regulatory compliance projects.

As co-chair of the FIX EMEA investment management working group, Przybylski brings a wealth of experience to SIGMA. Her primary role will involve collaboration with the AI engineering team to shape the company’s product development strategy and ensure it aligns with the evolving requirements of their clients.

BMLL Appoints Former HSBC Executive Niall Cameron as Non-Executive Director

Historical market data and analytics provider BMLL has announced the appointment of Niall Cameron as a Non-Executive Director to support the company’s strategic development. Cameron, who’s career spans over three decades and has included executive roles at HSBC, IHS Markit, and ABN Amro, also joins BMLL’s group of investors.

The appointment of Cameron, who comes with expertise in strategic positioning, deal-making, and product and commercial advisory for fintech, coincides with BMLL’s impressive growth trajectory, highlighted by a recent $26m Series B funding round and significant expansions in global data coverage and strategic partnerships.

Frank Slootman Steps Down as Snowflake CEO, AI Lead Sridhar Ramaswamy Steps Up

Snowflake CEO Frank Slootman has decided to retire and will be replaced by Sridhar Ramaswamy as CEO and member of the board of directors effective immediately. Ramaswamy previously held the position of senior vice president of AI at Snowflake. Slootman will continue to serve as chairman of the board.

Since joining Snowflake in May 2023 with the company’s acquisition of Neeva, an early private AI powered search engine, Ramaswamy has led the company’s AI strategy, including the release of Snowflake Cortex, the company’s fully managed service that makes AI simple and secure for users to quickly drive business value.

Prior to joining Snowflake, Ramaswamy co-founded Neeva in 2019. Previously, he led Google’s advertising products and held research positions at Bell Labs, Lucent Technologies, and Bell Communications Research (Bellcore). He was a venture partner at Greylock Partners from October 2018 until recently and sits on the board of trustees at Brown University.

He comments: “In the past 12 years, Frank and the entire team have established Snowflake as the leading cloud data platform that is providing enterprises with the secure, scalable and cost-effective data foundation and cutting-edge AI building blocks they need to build for the future. I am honored to have been chosen to lead the company into its next chapter of growth. We have an enormous opportunity ahead to help all customers leverage AI to deliver massive business value. My focus will be on accelerating our ability to bring innovation to our customers and partners.”