Etrali Trading Solutions, a communication and turret services integrator for trading, has named Brad Gorton managing director of the United Kingdom and Ireland and Paul Klebinder managing director of France and Italy. Both men report directly to CEO Lionel Grosclaude. The new appointments are meant to “to showcase global growth and support expansion plans across… Read More >>
Knight’s Former CCO Joins OTC Markets Unit
OTC Link ATS, a wholly-owned subsidiary of financial marketplace OTC Markets Group, has appointed Michael T. Corrao as its chief compliance officer (CCO). Corrao held the same post at the former Knight Capital Markets, officials say. In his new role, Corrao will be responsible for “all aspects of the firm’s broker-dealer compliance program and will… Read More >>
Swiss Firm Deploys Collateral Management Solution
European wealth and asset manager Banque Pictet & Cie SA has gone live with capital markets software vendor Calypso Technology’s collateral management solution, officials say. Banque Pictet will use Calypso’s platform to “consolidate all collateral activities across its many businesses on a single platform,” according to the vendor. The platform is a “standalone, centralized collateral… Read More >>
CFTC Launches Fraud Awareness Campaign
April is Financial Literacy Month, and for its part the CFTC is urging Americans to look into the background of their financial professionals, officials say. By highlighting the regulator’s SmartCheck.gov tool with an awareness campaign dubbed (SmartCheck Week), the CFTC aims to increase awareness of both the tool itself and the importance of due diligence… Read More >>
Eckelmann Rejoins SS&C Technologies
SS&C Technologies Holdings, Inc., a provider of financial services software and software-enabled services, reports that Samuel D. Eckelmann has rejoined the Windsor, Conn.-based company, where he was previously managing director, as vice president, strategic software development. The software architect and consultant is a 30-plus-years veteran, and has “performed numerous engagements for the world’s top financial… Read More >>
Compliance Science Names David Eisner to Board
Compliance Science, a provider of governance, risk management and compliance solutions, has appointed David Eisner to its board of directors, officials say. Eisner is a financial services industry veteran, who, at separate times in his career, founded and was CEO of TheMarkets.com and of iExchange.com, according to a vendor statement. “Previously, he held the positon… Read More >>
Wolters Kluwer Taps Daiwa to Fill EMEA Post
Professional services vendor Wolters Kluwer has hired Paul Lyon from Daiwa Capital Markets, the investment banking arm of Japan’s Daiwa Securities Group, to fill the newly created role of director of corporate communications for Europe, the Middle East and Africa (EMEA), officials say. Lyon will be based in London and asked to “develop and execute… Read More >>
SIX Financial Hires Industry Vet Phil Lynch
Industry veteran Phil Lynch is the new global head of markets, products and strategy, at SIX Financial Information, confirm officials at the market data and services provider, based in Zurich, Switzerland. “Mr. Lynch is part of SIX. He actually started working for SIX Financial Information yesterday, April 1,” says a company spokesperson in an email… Read More >>
ISDA Pushes for Centralized Trading Rules
The International Swaps and Derivatives Association (ISDA) has published a “set of principles aimed at promoting regulatory consistency in the development and application of centralized trading rules for derivatives,” according to a company statement, the latest step in the industry group’s efforts to get regulators and firms on the same page when it comes to… Read More >>
Glass-Steagall Redux?
First, I know that the name of Elizabeth Warren, the U.S. Senator from Massachusetts, makes Wall Street’s collective blood boil. In fact, blood pressure levels must be rising this week as Warren makes the rounds again in part to promote the paperback version of her book “A Fighting Chance.” In interviews on TV and radio,… Read More >>
