In other news, SimCorp and SIX extend their partnership as GoldenSource, DIGITEC, and Credit Suisse fill major positions.
RJO Promotes Staniford to President
Chicago-based R.J. O’Brien & Associates (RJO), which is generally regarded as the oldest and largest independent futures brokerage and clearing firm in the United States, reports that Daniel Staniford has been named president.
Staniford will “act on behalf of RJO and all of its global affiliates and related entities, including JVMC Holdings Corp., its parent company,” RJO says in a statement.
In addition, Staniford will retain his RJO chief sales officer post, and continue to report to Gerald Corcoran, RJO chairman and chief executive officer, acting on a group-wide basis.
The position of president has not existed at the company since 2009, RJO notes, and the firm now includes affiliates and offices in the United Kingdom, Dubai, France, China, and Canada.
Staniford is a sales and management veteran, with almost 25 years of experience.
He joined RJO in 2016 as executive director, heading the firm’s institutional business development in New York and London, per the statement, and was promoted in May 2019 to chief sales officer, overseeing both global sales and marketing, “charged with ensuring the external brand and presence is aligned with sales strategies.”
Prior to joining RJO, Staniford spent 13 years at Citigroup global markets, rising to managing director, rates sales. His first seven years in sales and marketing were at Brown Brothers Harriman & Co., where he became a vice president in the commodities lending department.
RJO’s client network includes 80,000 institutional, commercial, and individual clients globally, in addition to a network of approximately 300 introducing brokers, per the firm.
Staniford’a promotion is effective immediately.
SimCorp & SIX Extend Data Integration Partnership
SimCorp, an investment management solutions and services vendor, and SIX, a financial markets data provider and operator of the Swiss and Spanish Stock Exchanges, are extending their partnership, which will facilitate reference, pricing, and regulatory data flows directly to SimCorp Dimension, officials say.
“The move … comes as market data proliferation, including sanctions and alternative data sets, continues to ramp up amid the current geopolitical climate,” according to the official announcement. “The partnership will continue to build on its shared roadmap for regulatory coverage to help clients navigate the increasingly complex regulatory landscape. Looking ahead to February 2022, with the go-live of CSDR [Central Securities Depositories Regulation], SimCorp clients will be able to integrate SIX CSDR data as part of their regulatory response.”
GoldenSource Names Head of OnDemand Service
GoldenSource, a provider of enterprise data management and master data management, reports the appointment of Xavier Gerardin as head of its OnDemand managed service.
The OnDemand service “provides clients with dedicated hosting and technical and business assistance services for GoldenSource’s EDM clients utilizing both private and public clouds,” according to a statement.
Gerardin is a 20-year veteran, per the statement, “with experience that includes managing over 100 financial software programs.” He is based in London.
DIGITEC Opens London Office & Hires from Modular Financial Technologies
DIGITEC, a specialist in FX swaps and non-deliverable forward (NDF) pricing and data, reports the opening of its new London office. The office will be managed by Stephan von Massenbach, who joins as managing director, chief revenue officer.
His focus will be on “business development and sales strategy.” He is an FX veteran, with more than 20 years of experience, most recently as chief executive officer of Modular Financial Technologies and director of Modular FX, “providing specialist FX e-commerce solutions and consultancy to banks and FinTechs.”
His experience includes working for Lloyds Bank as head of FX eCommerce, and JPMorgan as head of FX e-commerce sales for Europe.
Credit Suisse Taps Goldman Sachs for Technology Officer
Credit Suisse Group AG has hired Joanne Hannaford from Goldman Sachs to be its next chief technology and operations officer and a member of the executive board, effective January 1, 2022, officials say.
At Goldman Sachs, Hannaford held senior roles across Goldman Sachs Engineering in London and New York, “including co-head of enterprise platforms and global head of resiliency,” according to Credit Suisse Group officials. “Most recently Mrs. Hannaford has been instrumental in defining the EMEA Engineering location strategy and leading significant change programs. She was named managing director in 2008 and partner in 2014. She served as a member of the Goldman Sachs Engineering Executive Group.”
At Credit Suisse, Hannaford will be based in Zürich and will report to the Group CEO Thomas Gottstein, officials say. James Walker, the current chief operating officer for Credit Suisse, will continue in his role until the end of 2021.
As of January 1, 2022, Walker will take on the role of deputy CEO of Credit Suisse Holdings (USA), Inc. and will be based in USA for family reasons, according to Credit Suisse officials. “James will focus on ensuring that we operate our US businesses in a controlled and efficient manner,” bank officials add.
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