A new survey from SS&C Technologies finds that artificial intelligence, particularly in its more advanced iterations, has captured the imagination of executive and senior IT and operations managers at financial services firms. However, firms need to do much more groundwork, such as building “the foundations — governance, trust, skills, readiness and more” before embracing advances… Read More >>
Broadridge Adds Fourth Senior Manager from Asset Control
Broadridge Hires for Data Management Experience Lake Success, N.Y.-based Broadridge Financial Services reports that it has added four former Asset Control executives, all of whom have extensive experience with data management software. Robert Revesz has been named senior director, with a focus on reference data client services and implementations, Broadridge says, noting that he joins… Read More >>
Interactive Data’s CTO: Clouds Are On the Horizon for Ops
(Cloud computing is making its way into securities operations, particularly for middle- and back-office administrative functions. While it’s early days for cloud-based trading and post-trade functions, Scott Caudell, chief technology officer (CTO), infrastructure for Interactive Data Corp., a reference and market data services vendor, foresees a time when the industry could embrace aspects of cloud-based… Read More >>
LPL Financial Names First CTO
LPL Financial, a custodian for registered investment advisors that characterizes itself as the largest independent broker-dealer by revenues in the U.S., reports that David Wright has been named executive vice president, chief technology officer (CTO). In his newly created CTO role, Wright will report to Victor Fetter, managing director, chief information officer, LPL Financial officials… Read More >>
