In other People Moves, Fiserv taps BNY Mellon while the DTCC hires from Barclays for top FICC position.
SSGA Appoints U.K. Head of SPDR ETF Business
State Street Global Advisors (SSGA), the asset management business of State Street Corporation, reports the appointment of Claire Perryman as head of its SPDR exchange traded funds (ETF) business in the United Kingdom.
Perryman will be based in London and report to Rory Tobin, co-head of the overall SPDR business.
Perryman will be “responsible for leading, managing and developing the SPDR ETF business in the UK and developing solutions for asset owners, asset managers and intermediaries,” State Street says.
Perryman, a veteran, is the former U.K. head of iShares Wealth Management and of retail sales at Blackrock, and a non-executive director of the Chartered Institute for Securities and Investment.
SSGA, a specialist in exchange traded funds, tallies $452 billion in assets under management.
State Street Names Head of Alternative Investment Solutions for APAC
State Street Corporation, SSGA’s corporate parent, also reports the appointment of Aisling Keane as head of alternative investment solutions for the Asia Pacific (APAC) region.
Based in Hong Kong, Keane will be “responsible for leading the hedge fund, private equity and real estate servicing business in APAC,” State Street says. “She replaces Bob Keogh, who recently returned to Dublin, Ireland to head State Street’s Alternative Investment Solutions (AIS) business for EMEA.”
Keane “returns to State Street after three years in senior management positions at BNP Paribas Securities Services and Credit Suisse. Prior to these roles, she worked at State Street for 16 years in a variety of roles in Dublin and Hong Kong, including head of International Fund Services (IFS), APAC,” according to the statement.
State Street points out that it “established a presence in Asia Pacific as an alternative funds service provider when it acquired Mourant International Finance Administration (MIFA) in 2010, with locations in Hong Kong and Singapore. In Asia Pacific, State Street currently offers real estate, hedge fund and private equity servicing in mainland China, Hong Kong, Singapore, Tokyo, and Australia.”
Fiserv Taps BNY Mellon for Chief Information Officer Post
Retail and institutional financial technology vendor Fiserv has hired Jim Grech from BNY Mellon for the post of chief information officer, effective November 7, 2016, officials say.
Grech will take over for Clifford (Cliff) Skelton, who will focus on quality and service strategies for Fiserv. Skelton was named group president of the Enterprise Technology group in 2012, and has been focused on the client experience via optimizing infrastructure and technology operations across Fiserv, officials say.
Grech has spent much of his financial services technology career at BNY Mellon, where he was responsible for the custodian bank’s global technology infrastructure, officials say. As chief information officer for Fiserv, Grech will oversee information technology infrastructure and operations, corporate systems, enterprise architecture, and technology governance. He will lead the company’s strategic focus on next generation technology platforms.
“Jim brings a deep understanding of financial services gained from nearly three decades in the industry, which is enhanced by expertise in delivering and optimizing technology infrastructure in support of a global user base,” says Mark Ernst, chief operating officer (COO) for Fiserv, in a statement.
Grech’s most recent role was as executive vice president of BNY Mellon’s Technology Services Group, and he had global responsibility for “all technology infrastructure platforms, including the firm’s move toward cloud-enablement,” officials say.
Before joining BNY Mellon in 2013, Grech spent six years overseeing infrastructure services across the enterprise at American Express. His prior career experience includes nearly seven years as chief technology officer (CTO) at TD Waterhouse National Bank, preceded by roles at Merrill Lynch, Comdisco, Smith Barney, and JCPenney, officials add.
DTCC Hires from Barclays for FICC Managing Director
The DTCC, a post-trade market infrastructure provider for the financial services industry, reports the appointment of Jim Hraska as a managing director and general manager of DTCC’s Fixed Income Clearing Corp. (FICC).
Hraska will lead the FICC’s efforts to “continue to reduce risks and costs in the U.S. Fixed Income markets,” according to a DTCC statement, which lists his specific responsibilities as “including, but not limited to, expanding buy-side participation in FICC clearing services, which will increase efficiency and transparency while reducing systemic risk in the U.S. Government Securities market; and implementing the Mortgage-Backed Securities (MBS) Novation initiative, a multi-year project to simplify the MBS netting and settlement process.”
The new MD joins from Barclays, where was global director of product management “specializing in financing and structural reform,” the DTCC says, also citing his “26 years of experience in the securities industry, with background in fixed income and equity financing, fixed income and equity derivatives, financial engineering, reinsurance, structured credit products, futures, and global clearance and custody.”
The FICC, created in 2003 and regulated by the SEC, integrates the Government Securities Clearing Corp. and the Mortgage-Backed Securities Clearing Corp., the DTCC points out.
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