Another NYSE Technologies Exec Moves to Options
Tim Yockel, SVP, Options
A former NYSE Euronext executive Tim Yockel will join former NYSE Euronext and Wombat colleagues Danny Moore and Ken Barnes at the cloud services provider to the financial sector Options as the senior vice president of global sales, officials say. Yockel will lead Options’ sales and account management.In the SVP post, Yockel will help grow sales for the Options PIPE Private Financial Cloud platform within established and emerging financial markets, and across the broker dealer and investment banking communities, officials say. The private cloud service is an infrastructure as a service (Iaas) offering.
Yockel had global sales responsibilities at NYSE Euronext’s trading technology group, NYSE Technologies. Before joining NYSE in 2008, Yockel was head of sales at market data and trading technology vendor Wombat Financial Software, which NYSE Euronext acquired in March 2008. Prior to Wombat, Yockel served in several sales and business development roles at Reuters and Lehman Brothers. Moore and Barnes joined Options earlier this year.
Maples Fund Services Hires from Deutsche Bank
Global fund services provider Maples Fund Services has hired Jason Brandt to be regional head of fund services for the Americas, officials say. An 18-year veteran of hedge fund and private equity firms, Brandt will lead Maples’ growing presence in the region.
Brandt left Deutsche Bank Alternative Fund Services in London, where he was overseeing client relationships and responsible for growing the EMEA and Asia businesses, officials say. Before Deutsche Bank, he served as managing director and chief operating officer of Hedgeworks, which Deutsche Bank acquired in 2008. His early career included positions with Capital Guardian Trust Company, Ernst & Young and Coopers & Lybrand.
Brandt will focus on expanding administration, middle-office and risk services to investment managers, institutional investors and family offices, say officials. He will have responsibility over mandates serviced from North America, overseeing client relationship and operations teams. He will be based in the Montreal office of Maples, which has offices in Cayman Islands, Dubai, Dublin, Hong Kong, Luxembourg and New York.
GoldenSource Relocates London Office
Enterprise data management (EDM) vendor GoldenSource has relocated its EMEA headquarters from St Katherine Docks to the Broadgate West building in the City of London, officials say. The move to a central City location is an attempt to be closer to its London-based clients and partners. The previous office at Thomas More Square is now closed. The address for the new office is 11th Floor, 1 Snowden Street, London, EC2A 2DQ.
NRI Opens Manila Office and Launches App Platform
Nomura Research Institute Asia Pacific (NRI APAC), part of IT solutions and consulting services provider NRI, has launched the only Japanese consulting firm for business strategy in the Philippines in Manila, say officials.
The new office is in response to an increase in Japanese investments in the country and will offer research, consulting and system solution services, officials say.
NRI has also recently launched NRI Financial Solution’s component-based financial application suite for the operational needs of broker-dealers, custodians, investment managers and hedge funds.
Offered as a hosted service or on a licensed basis, NRI Financial Solutions has customizable modules covering dashboard and exception management, trade capture, lending and borrowing, position and balance, settlements, corporate actions and tax, general ledger and data management. The platform is designed to change the way back-office operations are managed across financial institutions, officials say.
Exec Leaves BlackRock for Mariner Investment Group
Eric Pellicciaro, Mariner Investment Group
Former BlackRock executive Eric Pellicciaro has joined alternative asset manager Mariner Investment Group to manage the global macro portfolio of the just-launched Mariner Incubation Fund, a multi-strategy fund, officials say.
Pellicciaro, who left the post of head of global rates investments at BlackRock, will manage the Alarium Mariner Global Macro portfolio, which will employ a global macro strategy. Pellicciaro, who has 17 years of experience in fundamental macro and fixed income investment management, is the first manager hired for the Mariner Incubation Fund. At BlackRock, he managed the global rates investment team.
The firm intends to hire other “leading investment talent culled from across the hedge fund industry,” say Mariner officials. Managers will oversee portfolios with initial investments ranging from $50 million to $100 million on behalf of the fund. They will also have the potential to create future stand-alone hedge funds.
The Mariner investment approach couples fundamental research with systematic and quantitative methods across the broader G20 liquid market segments. The firm plans to launch the Alarium Global Macro Fund as a standalone fund to be managed by Pellicciaro, officials say.
Mariner manages approximately $10 billion of assets together with its associated advisers consisting of several direct and affiliated single and multi-strategy hedge funds, funds of funds and other alternative investments.
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