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

TowerGroup’s Hegarty Joins DTCC as Managing Director to Focus on Front Office

Subscribe to our newsletter

The Depository Trust & Clearing Corporation (DTCC) has appointed ex-TowerGroup executive Robert Hegarty to the newly created position of managing director of market structure. In his new role, Hegarty will be spearheading the vendor’s efforts to identify new market and growth opportunities focused on the front office and trading communities.

Hegarty joins DTCC from TowerGroup, where from 2002 he served as managing director of its Securities & Investments and Insurance division. In this position he led a staff that provided research and advisory services to executives in the investment management, wealth management, hedge fund, brokerage, capital markets and insurance industries.

Prior to this, he worked at financial institutions including Putnam Investments, Fidelity Investments and Coopers & Lybrand.

Donald Donahue, chairman and CEO of DTCC, says the appointment of Hegarty is part of the vendor’s strategic repositioning to diversify its business lines beyond its traditional remit. The vendor is attempting to make a push into front office technology provision and expects that Hegarty’s consultancy experience will give provide valuable insight into client requirements.

Hegarty will report to James Leonard, managing director of strategy and marketing.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Holistic Conduct & Surveillance: Unifying Trade, Voice, and eComms Data with AI

Surveillance in capital markets has evolved in silos. Trade surveillance, voice recording, and electronic communications monitoring have traditionally operated as parallel control functions, each with distinct datasets, workflows and alerting logic. Yet recent enforcement actions on both sides of the Atlantic – ranging from off-channel communications failures to market manipulation cases – demonstrate a consistent...

BLOG

DataDirect Technologies Reveals Strategic Plans to Create Data Architecture Platform

Data connectivity and mainframe integration vendor DataDirect Technologies has indicated that it is in the process of developing an integrated platform to tie together its various data products. The vendor is currently mid-way through the development process and hopes to launch the platform near the end of this year. Anthony Swindells, fellow and senior programme...

EVENT

Eagle Alpha Alternative Data Conference, Spring, New York, hosted by A-Team Group

Now in its 9th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Impact of Derivatives on Reference Data Management

They may be complex and burdened with a bad reputation at the moment, but derivatives are here to stay. Although Bank for International Settlements figures indicate that derivatives trading is down for the first time in 10 years, the asset class has been strongly defended by the banking and brokerage community over the last few...