Former Swiss Bank Exec to Serve as Information Mosaic Chairman
Ulrich F. Kunz
non-executive chairman,
Information Mosaic
Post-trade software vendor Information Mosaic has named Ulrich F. Kunz as its non-executive chairman, a former senior executive with the former Swiss Bank Corp. (acquired by UBS), officials say. Effective immediately, Kunz replaces Carl Sundvik who has retired from the chairman’s post.
Kunz will help Information Mosaic’s ongoing efforts for global expansion, officials say. In particular, the vendor will be looking into expanding its offerings beyond post-trade software into analytics, an area of increasing importance to financial institutions that are preparing for regulatory compliance.
“Ulrich’s international experience and previous executive leadership positions uniquely qualify him to provide valuable strategic counsel,” says John Byrne, CEO and founder of Information Mosaic, in a prepared statement.
Based in Zurich, Switzerland, Kunz will keep his role as chairman and founder of Kunz and Partner, a management consulting practice as he is actively engaged in senior advisory roles to financial services firms and leading technology providers, officials say.
Prior to his years at UBS, Ulrich worked for Systor, Telekurs (SIX-Group) and Cincom Systems. He is also the founder and chairman of a business-to-business conference organizer in Central and Eastern Europe, as well as Asia.
NYSE Technologies COO Moves to Cloud Vendor
Options, a private cloud provider for financial services firms, has hired trading technology veteran Danny Moore to be its chief operating officer (COO) and lead its expansion in the US, Europe and Asia, officials say.
Among his past accomplishments, Moore served as COO and CEO of market data and trading technology firm Wombat Financial Software, which was acquired by NYSE Euronext in March 2008. Moore’s last post before Options was as COO of NYSE Technologies, the NYSE Euronext trading technology unit.
At Options, Moore will oversee Options’ day-to-day global operations and the expansion of the Options PIPE Private Financial Cloud for established and emerging financial markets, and across the broker dealer and investment banking communities, officials say.
The Options PIPE Platform Services are: PIPE Core business technology from email and office applications to phones and tablets; PIPE Momentum, which is the hosting and management of front-, middle- and back-office functions; and PIPE Velocity services for low latency trading, FIX connectivity, market data and computing infrastructure.
In addition to Wombat, Moore has also worked with Newry-based First Derivatives, and in 2010, he established Belfast-based investment firm Lough Shore Investments.
LiquidPoint Hires from Knight
Craig Reilly will join LiquidPoint, a provider of electronic execution tools and services for institutional options traders, as a senior vice president of options sales, officials say. LiquidPoint is a part of the ConvergEx Group.
Reilly joins the company from Knight Capital Group where he was responsible for the agency options business and helped with Knight’s options technology initiatives, officials say. Prior to Knight, he held numerous roles at On Point Executions, Hampshire Trading and Israel A. Englander.
At LiquidPoint, Reilly will oversee the electronic execution client base and he will report to David Cross, managing director of sales and business development.
This past December Knight Capital Group and GETCO Holding Company agreed to a merger that will result in a combined, publicly traded holding company.
Capco Launches Onshore Services Center in Florida
Capco, a global consultant to financial services firms, has opened an onshore delivery center, based in Orlando, Fla. to provide commodity technology and strategy support, officials say. The center has a team of 40 in place but the staff roster is expected to grow to more than 150 by the end of 2013.
The Orlando Onshore Delivery Center, owned by Capco, will complement on-site, near-shore and offshore delivery of services, officials say. The facility offers comprehensive development and testing services, application maintenance and support, and has future plans to offer on-demand services such as project management and architecture as a service. The new Capco center also offers application, infrastructure and data support services.
Tim Ryan to Leave SIFMA for JPMorgan
T. Timothy Ryan Jr., president and CEO of SIFMA, will be leaving his post on Feb. 23 to become global head of regulatory strategy and policy for JPMorgan Chase and Co. Ryan has led SIFMA since April 2008.
The SIFMA executive committee appointed Kenneth E. Bentsen, Jr., executive vice president, public policy and advocacy at SIFMA, as acting president and CEO of SIFMA effective on Feb. 23, officials say. The SIFMA board of directors has begun a search for Ryan’s replacement.
Ryan’s new post mark his return at JPMorgan where he was vice chairman of investment banking for financial institutions and governments. Before joining JPMorgan in 1993, Ryan was the director of the Office of Thrift Supervision (OTS) in the U.S. Department of the Treasury. As OTS director, Ryan was the banking and securities regulator for approximately 2,000 thrifts.
“My goal at SIFMA has been to provide thoughtful information and analysis to regulators so they have the tools necessary to create reasonable regulations that create a safer financial system without negatively impacting the economy,” Ryan says. “I believe we have made progress toward that goal.”
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