Pimco, State Street, Man Group & Others Back HUB A new technology and services provider, dubbed HUB, is being launched by investment manager Pimco, U.K. firm Man Group, custodian State Street, vendors IHS Markit and Microsoft, and consultancy McKinsey & Co. in an effort to offer a cloud-based platform “built by asset managers for… Read More >>
Traiana Aims Post-Trade Service at Equity Swaps
Traiana Targets Ops Efficiency & Settlement Risk A service to automate key post-trade stages of equity swaps processing has been launched by Traiana, an infrastructure solutions provider for trading and risk management. The vendor wants to automate “manual, labor intensive and inefficient” post-trade affirmation, officials say. The new Equity Swaps Lifecycle Management offering “normalizes data… Read More >>
Barclays Names CEO for its Investment Bank
Senior Appointments at Barclays Barclays reports that Tim Throsby has been named president of Barclays Corporate and International and chief executive of Barclays Corporate and Investment Bank. Throsby is expected to join the Barclays executive committee in January 2017, following regulatory approvals, and will report to Jes Staley, Barclays CEO. Throsby joins Barclays from JPMorgan,… Read More >>
PIMCO Picks a CEO from Man Group
Asset manager the Pacific Investment Management Company (PIMCO) will have a new CEO, Emmanuel (Manny) Roman, in November, whose history includes his time as CEO of Man Group, a publicly-traded alternative asset manager. Roman is slated to replace Douglas Hodge, the current CEO, who will take on a new role as managing director and senior… Read More >>