In other People Moves, technology advisor Ovum and an algorithmic trading services firm, itarle AG, are expanding and opening new offices.
New SS&C MD to Be Based in Hong Kong
Rainer Fuchsluger, MD, Asia, SS&C
Windsor, Conn.-based SS&C Technologies Holdings, Inc., a provider of financial services software and software-enabled services, reports the appointment of Rainer Fuchsluger as managing director, Asia, for its institutional and investment management business.
He will be responsible for “developing and executing a regional business strategy to leverage and scale SS&C’s investment management solutions to meet the evolving needs of investment managers across Asia,” the company says.
Fuchsluger will be based Hong Kong and report to Christy Bremner, senior vice president and general manager, SS&C’s institutional and investment management division.
He has more than 12 years of experience in regional sales and operational management positions in Asia, for such financial services providers as Thomson Reuters and Interactive Data, according to a vendor statement.
Ovum Opens New Office in Bay Area
Ovum, the technology research and advisory firm founded in 1985, has opened a new office in San Francisco.
The opening “coincides with a period of accelerated investment and integration of its telecommunications, media and technology capabilities,” Ovum, a division of London-based Informa plc, says in a statement focusing on its “forecasts and advice on how digital services are distributed and consumed, how they are enabled by new technologies and the implications for the industry.
“Clients, including the world’s leading media, technology, and communications organizations, rely on Ovum to guide their investment decisions and profit from opportunities globally and locally,” the company adds.
With a total of 180 analysts in 23 offices worldwide, Ovum offers analysis and strategic insight across the IT, telecoms, and media industries, according to a statement.
Ovum’s clients also include professional services firms, financial services organizations, regulators and public sector bodies, the company says, and its services are delivered through subscriptions and consulting projects.
itarle AG Opens Algorithmic Trading Service Bureau in Zurich
itarle AG, a provider of multi-asset algorithmic trading and analytics services for the sell side, reports that it has established an algorithmic trading service bureau at the Equinix ZH4 data center in Zurich.
Swiss-based market participants called for the new bureau, itarle says in a statement, to have an electronic presence close to the SIX Swiss exchange and its trades in Swiss equities.
itarle provides “private label” algorithmic trading, smart order routing and transaction cost analysis services to sell-side firms executing transactions on equity and futures exchanges, the company says. Its new Zurich service “enables clients to trade using their own exchange memberships and existing connectivity channels.”
The company emphasizes that it is “fully independent … and therefore has no bias with respect to exchanges and dark pools. This helps the service eliminate conflicts of interest, maintain the integrity of order flow and minimize information leakage, leading to superior execution quality and reduced execution fees.”
itarle was formed in 2005 as the PE Lynch Group, becoming itarle in 2014.
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