Financial software provider BI-SAM has announced that William Haney, currently the vendor’s chief operating officer (COO), will be moving into the top spot, taking over as CEO, effective January 1, 2015, according to a company statement. Haney will succeed BI-SAM’s founder and CEO Alexandre Harkous, who will remain a board member and a “significant shareholder… Read More >>
StatPro Hires from BI-SAM
StatPro Group, a provider of portfolio analysis and asset pricing services for the asset management industry, reports that Dr. Ian Thompson has joined the company from BI-SAM, where he was executive regional director for Asia Pacific. At StatPro, Thompson, whose doctorate is in the field of auditory physiology, will become client integration director, with a… Read More >>
Broadridge, BI-SAM Take On Performance Measurement
Broadridge Financial Solutions, a provider of technology solutions for financial firms and corporate issuers, and BI-SAM, a provider of performance measurement and attribution solutions for the asset management industry, report the launch of Broadridge Investment Management Solutions Performance Reporting, designed for institutional asset managers. “Now, asset managers can have access to performance and attribution as… Read More >>
BI-SAM Fills Board and C-Level Posts
BI-SAM, a provider of performance measurement and attribution, risk analytics and client reporting solutions, has filled a keyboard of director position and hired two executives. BI-SAM’s changes include appointing Donal Smith, a member of the board of directors, to the post of non-executive chairman of the board; Paul Mattison to the post of chief financial… Read More >>
Chris Pickles Leaves BT as Custom House Execs to Stay Post-Merger
Chris Pickles Leaves BT to Start Consultancy Industry veteran Chris Pickles has left BT to work as an independent consultant, based in the U.K. “We can confirm that Chris Pickles has left his role as head of industry initiative, global banking and financial markets at BT,” says a BT spokesman. “We would like to thank… Read More >>
Barclays to Lay Off 12,000 as BI-SAM Hires from NYSE
Barclays to Lay Off 12,000 In an effort to streamline itself, Barclays is planning to cut up to 12,000 jobs in 2014, including a move begun last year to eliminate 3,700 positions, according to bank officials. The layoffs emerged as the bank presented its financial results for 2013. The bank is slated to cut 7,000 jobs… Read More >>
Thomson Reuters to slash 3,000 jobs as BI-SAM Hires Performance Measurement Expert
Thomson Reuters to Cut 3,000 Jobs Market data products and systems vendor Thomson Reuters will be cutting 3,000 jobs, mostly from its Financial and Risk division, according to an internal memo that emerged at the same time as the company’s reporting of third quarter results.The financial results include a $350 million charge that will… Read More >>
New CEO for Asset Control as the CEO for SunGard Financial Systems to Leave in January
Asset Control Fills CEO Post Reference data systems vendor Asset Control has appointed Richard Petti to be its new CEO, succeeding Dean Goodermote, who served as interim CEO after the departure of Phil Lynch earlier this year, officials say.Just prior to his current appointment, Petti was the chief operating officer at WEMA Environmental Technology… Read More >>
Case Study: Acadian Revamps Performance Measurement
The push for operational efficiency is driving quantitative equity manager Acadian Asset Management to integrate its performance and attribution systems, which when finished, should ease some of its data management burdens, says Matthew Lyberg, vice president, manager performance and attribution for the Boston-based Acadian Asset Management. “One of the challenges as a quantitative equity manager… Read More >>
‘Radical Change’ for Kames Capital
Scottish fund manager Kames Capital fully intends to radically change the role of its internal performance measurement team with a new IT platform, says Anne Harrison, European head of performance for the Edinburgh-based firm. The IT infrastructure and operations overhauls to come are in response to new pressures for greater data transparency.“I hope it’s going… Read More >>