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: Best Practice for trade surveillance

Markets in Financial Instruments Directive II (MiFID II), Market Abuse Regulation (MAR), Dodd-Frank and other regulations underline the need for effective and timely trade surveillance to counter market abuse. The webinar will discuss regulatory requirements for trade surveillance, best practice implementation, technology solutions and the benefits of getting market abuse compliance right. Listen to the...

BLOG

Juniper Square Seeks to Democratise Private Markets with Data

Juniper Square has, from a virtual standing start, become one of the fastest-growing providers of data and investor services to private-market participants. Earlier in the summer it received a US$130 million series D capital injection that underscored its prospects and valued the company within unicorn territory. That’s unsurprising for a company whose platform has, since...

EVENT

AI in Capital Markets Summit London

Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

Regulatory Data Handbook 2018/2019 – Sixth Edition

In a testament to the enduring popularity of the A-Team Regulatory Data Handbook, we are delighted to publish a sixth edition for 2018-19 of our comprehensive guide to all the regulations and rules that might impact data and data management at your institution. As in previous editions of the Regulatory Data Handbook, we have updated...