About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Thomson Reuters’ Redwood Steps Down; What’s Next?

Subscribe to our newsletter

The resignation this week of Mark Redwood, head of Thomson Reuters Markets’ Sales & Trading unit, confirms Step 2 of the three-step CEO succession scenario we outlined back in March. But it appears that despite two of our three predictions coming to pass, Thomson Reuters will look outside the firm when it moves to name a successor to Markets head Devin Wenig when he assumes a role within Thomson Reuters corporate.

You’ll recall our Macbethian timeline suggested that Research & Advisory head Eric Frank would relocate from his New York base to Hong Kong. Sure enough, he did.

It suggested that Redwood would resign in the summer. It’s summer, and he resigned on June 30 to join a Nottingham-based startup, funded by Thomson Reuters. Details to follow.

But our timeline also suggested that Enterprise head Jon Robson was in line to take the top slot at Markets. Alas, that appears not to be the case. Thomson Reuters will bring in talent from outside to lead its most important business unit, we are hearing.

It will be tantalising to see whether Thomson Reuters opts for a seasoned executive from the vendor community, or continues its recent propensity to delve into the banking world to fill the slot. Or indeed, goes outside of finance altogether.

This one has a long way to run.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Enhancing Buy-Side Trading Efficiency: Navigating Interoperability and AI in Real Workflows

Enhancing Buy-Side Trading Efficiency: Navigating Interoperability and AI in Real Workflows Emerging capabilities in AI and interoperability are transforming trading workflows, with the promise of heightened levels of collaboration and personalisation resulting in greater efficiency and performance. The potential of these new technologies is encouraging financial firms to modernise their trader desktops and streamline operational...

BLOG

Clausematch Releases Open-Source Knowledge Graph Framework for Regulatory Reporting

Clausematch has released an open-source digital regulatory knowledge graph aimed at providing the financial regulatory community with a framework to assess how AI and knowledge graph technologies can be applied to reporting. The idea is to encourage regulators to publish their rules and regulations in the form of structured datasets, or knowledge graphs, as with...

EVENT

TradingTech Summit New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Dealing with Reality – How to Ensure Data Quality in the Changing Entity Identifier Landscape

“The Global LEI will be a marathon, not a sprint” is a phrase heard more than once during our series of Hot Topic webinars that’s charted the emergence of a standard identifier for entity data. Doubtless, it will be heard again. But if we’re not exactly sprinting, we are moving pretty swiftly. Every time I...