In other People Moves, thinkFolio has a new COO, BNY Mellon fills top FX sales post, ex-Citi vice chair joins Baton Systems advisory board and Millistream hires from SIX Financial.
Rich Grossi, CEO, Openlink
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 of the Openlink board, “where he will continue to support the strategic direction of Openlink Financial,” officials say. The vendor serves the energy, commodities, corporate and financial services markets.
O’Malley has been Openlink’s CEO for two years, overseeing the trading, treasury and risk management businesses, officials say. The change at the top “has been engineered to enable John to continue to support the strategic growth of the business in partnership with a strong and dynamic CEO,” officials say.
Grossi has nearly 20 years of operational and IT experience at Openlink. “As CTO, Rich oversaw the development of Openlink’s products and technology as well as management of the company’s IT and information security. He has also played an instrumental role in the development of Openlink Cloud and has been guiding its subsequent growth,” officials say.
In addition, Grossi directed Openlink’s global operations, “where he helped enhance the company’s sales and management processes … Rich has worked closely and collaboratively with Openlink’s sales, services, systems, finance and product teams to ensure a consistent and high-quality level of delivery across the enterprise,” officials add.
Before joining Openlink, Grossi was vice president of development at KWI, where he led the technical management of internal software applications.
The leadership change marks the launch of Openlink’s new global brand, positioning and website, officials add.
Tom Cunningham COO, thinkFolio for IHS Markit
Ex-CTO for Jupiter Asset Management Joins thinkFolio as COO
Tom Cunningham, the former chief technology officer (CTO) at Jupiter Asset Management, has become the new chief operating officer (COO) for thinkFolio, which is part of IHS Markit, officials say.
Before his move, Cunningham was a thinkFolio customer, IHS Markit’s portfolio modeling and order management system for the buy side.
Cunningham, who has 25 years of industry experience, will oversee thinkFolio’s product management, services, support and managed service offering, officials say. He will report to Spiros Giannaros, global head of thinkFolio and enterprise data management (EDM) at IHS Markit. Giannaros recently assumed responsibility for thinkFolio, in addition to his role as head of the EDM data management, warehouse and reporting solutions. The EDM and thinkFolio products can be delivered as an integrated, cloud-based managed service.
Before his tenure at Jupiter, Cunningham served as head of front office technology at Columbia Threadneedle Investments, officials say. Giannaros has been at IHS Markit for more than three years and was previously managing director for Charles River’s business in the Americas.
BNY Mellon Appoints Head of FX Electronic Markets Sales
BNY Mellon has named James Taylor to head its foreign exchange (FX) electronic markets sales.
Taylor has almost 20 years’ experience in electronic trading, “working on some of the leading single-dealer platforms, including Barclays’ BARX and Deutsche Bank’s Autobahn,” according to a BNY Mellon statement.
Taylor, who is based in London and reports to Oliver Martines, joins from JPMorgan, where he spent eight years, most recently as head of fixed income market structure, per the statement.
Ex-Citi Vice Chair Joins Baton Systems Advisory Board
Lewis B. Kaden, advisory board, Baton Systems
Baton Systems, formerly known as Ubixi, an on-demand platform for clearing, settling and managing payments between financial institutions, has named Lewis B. Kaden, former Citigroup vice chairman, to its advisory board.
Kaden joined Citigroup in 2005, where he oversaw the bank’s global functions and advised the CEO on numerous strategic and business matters, according to Baton. Kaden has also served as chairman of the United States Government overseas presence advisory panel, as well as chairman of the industrial cooperation council of the State of New York and Governor Mario Cuomo’s commission on competitiveness.
Millistream Market Data Hires from SIX Financial
Millistream Market Data has hired account manager Henrik Lindberg in Stockholm.
Lindberg, formerly with SIX Financial Information, will be a “local point person for Millistream’s clients in Stockholm, helping to manage existing relationships and develop new business across key accounts, including banks, asset managers, insurers and financial media companies,” according to a statement. “He joins from SIX Financial Information where he served in the same capacity for approximately 11 years. Lindberg joined SIX as a result of its acquisition of Ecovision, where he had worked as part of a team led by Millistream co-founder Per Rastin.”
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