Tag: People

Bear Stearns International has named Paul Brannan and Andrew Jamieson European heads of prime brokerage and equity finance respectively. Both are due to join Bear Stearns in June.

SunGard has appointed Tim Demarest as chief product officer of its BRASS applications for equities trading. In his new role, Demarest will lead the development and strategy of the BRASS prducts, which include a trade order management system, a set of direct market access tools, applications for automated indications of interest and advertised trades, trade matching, and compliance analysis and reporting.

TradingScreen's 2007 buy-side traders' conference will be held on Wednesday, April 18, and will focus on crossing networks and dark pools of liquidity. There are now more than 30 crossing networks and dark pools operating in the U.S. financial markets, presenting potentially significant price and informational benefits for institutional investors, the firm notes.

International Securities Exchange Holdings (ISE) has announced that David Krell, ISE's president and CEO, will retire on January 1, 2008. He will remain on ISE's board of directors and the board intends to elect Krell as its chairman, pending required approvals. Gary Katz, ISE's COO, will succeed Krell as president and CEO at that time. Katz will also join ISE's board of directors commensurate with his new position as CEO.

The Relegence Corporation, a provider of real-time automated intelligence to the financial services industry, yesterday announced the appointment of Larry Joyce, senior vice president of products, based in Relegence's New York office. In this capacity, he will assume responsibility for the current Relegence product suite and all future product developments.

Deutsche Bank is to add to its estimated 20 to 25 commodities specialists in Asia with the recruitment of new staff to be based in Japan. The move signals the German bank's intention to expand in the commodities sector as price rises for oil, nickel and copper coupled with continued low interest rates has lead to increased interest in the territory from investment banks.

Microsoft yesterday announced the appointment of Koen Van den Brande as chief technology officer (CTO), financial services, Microsoft Europe, Middle East and Africa (EMEA). He will be responsible for working with Microsoft customers, partners and international financial standards bodies as well as Microsoft product groups on defining and executing its technology strategy across EMEA.

BNY ConvergEx Group has hired Matthew Jefford as Eze Castle Software's Senior Vice President of European Sales. Jefford has over 20 years experience working with trading technologies including order management systems, DMA, and FIX Protocol. He will report to Sean Sullivan, EVP Director of Global Sales for Eze Castle Software. Jefford joins Eze Castle Software from Interactive Data Corp (IDC) where he served as Vice President of Sales. In his role at IDC, Jefford was responsible for sales to hedge funds and organized strategic alliances. Prior to IDC, he worked for 7 years as a trader on the institutional equity trading desk for Bridge Trading. Following Reuters acquisition of Bridge, he moved into sales, selling trading technology.

Standard & Poor’s, a provider of independent research, ratings, indices and reference data solutions, yesterday announced the appointment of Elisabeth Nygren as associate director of marketing, Europe. Elisabeth will have responsibility for S&P’s data & information services business in Europe, including its securities evaluations team, which delivers independent multi-asset class evaluations to firms across Europe, its securities classifications team, which provides institutions with sophisticated reference data management tools and its securities information team.

Omgeo, a provider of post-trade, pre-settlement trade management services, announced yesterday that Timothy Keady was promoted to managing director, global sales and relationship management. He has also joined Omgeo’s executive team. Lee Cutrone, managing director of industry relations, will now also oversee Omgeo’s global marketing function. Martin Brennan takes on the new role of managing director, business development for the Asia-Pacific and Europe, Middle East and Africa (EMEA) regions. All three gentlemen report to Marianne Brown, president and chief executive officer.