Openlink’s O’Malley Becomes Executive Chairman Openlink, a vendor of trading, treasury and risk management solutions, reports that it has promoted internally to replace John O’Malley, the CEO for the past two years, with Rich Grossi who moves up from his post as chief technology officer (CTO). O’Malley will move into the role of executive chairman… Read More >>
Acadian Asset Management to Overhaul IT Architecture
Boston-based Acadian Asset Management will deploy a managed services enterprise data management (EDM) offering from financial information services and systems vendor Markit as the keystone for an IT architecture overhaul, say officials at the firm. Acadian will be using Markit EDM as “a foundational element of its IT architecture transformation across the front, middle and… Read More >>
Singapore Exchange Restructures and Overhauls Staff
Singapore Exchange Reorganizes and Shuffles Personnel The Singapore Exchange (SGX) reports several recent changes to its personnel and organizational structure, including the consolidation of sales and product units —equities and fixed income, derivatives, and market data and connectivity (MDC) — to “improve operational efficiency,” according to a statement. The new structure also will consolidate SGX’s… Read More >>
Bank of the West Deploys OpenLink Findur
Financial and energy trading and risk management vendor OpenLink has announced that Bank of the West has implemented OpenLink’s Findur solution for its capital markets and treasury operations, officials say. The implementation at Bank of the West, a subsidiary of the BNP Paribas Group, included “a number of workflows to automate and facilitate both pre… Read More >>
OpenLink Hires Ex-President of SunGard Global Services
OpenLink Hires Ex-President of SunGard Global Services OpenLink Financial, a trading and risk management software vendor, has appointed the former president of SunGard Global Services for the Americas Doug Wendler to be executive vice president (EVP), America’s Energy, effective as of July 30, officials say. Wendler left the SunGard post last year and was a… Read More >>
