DiffusionData Appoints Raphael Vergnaud as Chief Revenue Officer

DiffusionData, thereal-time data streaming and messaging solutions vendor, has named Raphael Vergnaud as its new Chief Revenue Officer. Vergnaud brings over 25 years of global experience in enterprise sales, previously holding senior roles at companies such as Montrium, Zendrive, and Keatext. In his new position, he will oversee all revenue-generating activities, focusing on sales and marketing strategies to drive business growth.

With a background as both a software engineer and an MBA from the University of Chicago Booth School of Business, Vergnaud is well-equipped to lead DiffusionData’s sales efforts. His expertise spans new business development, sales strategy, and building high-performance sales teams. DiffusionData’s flagship framework, Diffusion, is widely used in industries like financial services and eGaming, offering patented delta streaming technology that reduces bandwidth and cloud costs while delivering real-time, hyper-personalised data.

Finbourne Appoints New Chief Operating Officer

Investment data management technology provider Finbourne Technology has appointed FinTech specialist Francesca Lubbock as its new chief operating officer, based in London.

Formerly holder of the same role at ZoomInfo, Lubbock will focus on scaling Finbourne’s business processes and optimising performance, the company said. She also joins the company’s Senior Leadership Team, which oversees implementation of its long-term vision.

“Francesca’s proven track record in operational leadership and transformative growth makes her a perfect fit for our company at this pivotal juncture,” said Finbourne chief executive Thomas McHugh. “We are confident that Francesca will help guide us through the next stage of our growth, enhancing both operational efficiency and innovation.”

The company, which offers a range of data management services, including through its SaaS-based LUSID platform, recently received a US$55 million capital injection in a Series B round, almost doubling the total amount of funding raised.

Finbourne’s products and services ate being utilised by clients including Northern Trust and the Pension Insurance Corporation. It is committed to growth in the UK, the US, Ireland, Singapore and Ireland.

SGX FX Strengthens Liquidity and Data Innovation with Appointment of Hugh Whelan

SGX FX, the FX arm of the Singapore Exchange, has appointed Hugh Whelan as head of liquidity management and data strategy, reinforcing its commitment to enhancing liquidity provision and advancing data-driven solutions.

Whelan, formerly the head of EBS Direct at CME Group, will be based in London and tasked with steering the strategic direction of the liquidity provider segment. His responsibilities include fostering relationships with key sell-side clients, identifying growth opportunities, and improving platform capabilities to better serve the liquidity provider community. Whelan brings a wealth of experience in the FX market, having successfully led the development of EBS Direct into a bilateral FX trading venue. His expertise in driving commercial success and product innovation will be key to SGX FX’s future growth.

Devexperts Appoints Ben Hurley as New CEO to Drive Innovation and Growth

Devexperts, the global capital markets software developer, has appointed Ben Hurley as its new Chief Executive Officer. This leadership change marks the beginning of a new phase of growth for the company, which provides tailored technology solutions to financial institutions and brokerages worldwide. Hurley, who joined Devexperts in 2022 as Country Manager for Ireland, has played a key role in the company’s restructuring efforts and operational improvements.

With over 20 years of experience in innovation, business optimisation, and product development, Hurley is well-suited to lead Devexperts into its next chapter. His vision focuses on enhancing the company’s ability to offer seamless access to capital markets for firms, further solidifying its position as a leading provider of financial technology solutions.

Sustainable Trading Report Highlights Workplace Challenges in Global Trading Industry

Sustainable Trading, the non-profit membership network dedicated to transforming ESG practices within the global markets trading industry, has released the “LIFE BEYOND THE DESK: Trading Employee Workplace Experience Report,” offering insights into the experiences of 270 current and former trading professionals. The report suggests the need for industry-wide changes in workplace practices, particularly concerning health, flexibility, and career development. Key findings include that 35% of respondents called for reduced market hours, and 37% expressed concerns over long hours affecting their health and personal lives. While 65% reported some flexibility in their work, many struggle with managing responsibilities outside work, and 1 in 5 employees feel their job negatively impacts their wellbeing.

While 80% of respondents commend senior management’s communication styles, issues around career progression persist, with 51% leaving roles due to lack of upward mobility and female employees being more likely to exit due to company culture. The report aims to guide firms in creating more supportive work environments to improve talent attraction and retention.

Duncan Higgins, CEO of Sustainable Trading, commented: “Understanding emerging trends is key for the industry’s evolution. To stay competitive and attract top talent, we must come together to explore these findings and collectively develop initiatives that align with evolving workforce expectations. It’s time to reassess traditional practices and implement changes that support both employee wellbeing and industry growth.”

Chris McConville, Global Head of Execution Services and Trading, Kepler Cheuvreux, added: “This excellent research highlights the many positive experiences within the industry, offering valuable insights from around the globe. While it’s encouraging to celebrate these successes, there is still significant work ahead to enhance our industry. We must ensure that our practices align with their expectations to attract and retain the very best talent. Collaboration across the industry is essential to create a more sustainable and inclusive working environment for everyone.”

Exegy Strengthens Leadership with New Hires to Lead Client Success Initiative

Exegy, the market data and trading technology provider, has appointed Yewande Sobola and Thomas Gallo to lead its new Client Success Initiative, marking a key milestone in the company’s integration of Enyx and Vela. This initiative is designed to enhance Exegy’s role as an extension of its clients’ technology and operations teams, helping them achieve improved business outcomes.

Sobola, appointed as Global Head of Solutions Consulting, brings over 15 years of trading technology experience, with a focus on maximising client value and accelerating infrastructure deployments. Gallo, the new Vice President, Head of Client Success, will drive client engagement and align Exegy’s services with client goals. Their combined leadership will drive global support and delivery functions, aiming to ensure that clients can fully leverage Exegy’s solutions.

Quant Appoints Lenna Russ as Chief Commercial Officer to Drive Growth

Quant, specialists in digital finance, has announced the appointment of Lenna Russ as Chief Commercial Officer, a newly established role within the company. Russ joins from Tradeteq, where she served as Chief Revenue Officer for three years, overseeing significant achievements such as a $12.5 million Series A Plus funding round, the launch of a new office in Dubai, and securing membership with the FCI.

At Quant, Russ will leverage her over 20 years of experience in consulting, financial services, and SaaS to lead the company’s commercial operations, including marketing, sales, and product development, as it continues to grow. Prior to Tradeteq, she held senior roles at Polecat and NICE Satmetrix.

SAIFR Hires Hutnyan as Head of Sales

Due diligence, surveillance and marketing communications compliance specialist Saifr has appointed Micheal Hutnyan as Head of Sales. Enterprise sales veteran Hutnyan brings an impressive record of sales leadership and building SaaS revenue streams with stints at Tamr, Trillium Software and DataKitchen. You can hear more from Saifr at the upcoming A-Team Group RegTech Summit in New York on November 21st. 

Syniti Appoints New EMEA Vice President

Syniti has promoted Alyssa Sliney to senior vice president of the Europe, Middle East and Africa region at the enterprise data management company.

Sliney joined the US-based company two decades ago and most recently held the position of senior delivery partner, where she oversaw the quality and governance of Syniti’s Knowledge Platform and its master data management business. She will relocate from the US to take up her new job and replaces Linda Hipol.

Delta Capita Appoints Caroline O’Sullivan as Head of Ireland

Global financial services consulting, managed services, and technology provider Delta Capita has appointed Caroline O’Sullivan as its new Head of Ireland. Based in Dublin, Caroline will lead the company’s regional business strategy, focusing on sustainable growth across all core service lines, client relationship management, and overseeing business operations. She will report to Philip Freeborn, Co-Head of Global Markets and Wholesale Banking Services. In her previous role as Chief Operating Officer at Delta Capita, she was responsible for the delivery of the company’s assignments in Ireland. Her extensive background includes significant positions at leading investment banks and financial markets industry groups.