BofA Research Publishes Crypto Primer Bank of America reports the publication of an instruction and information book entitled “Digital Assets Primer: Only the first inning,” marking the start of the bank’s cryptocurrency research coverage. The bank’s head of global cryptocurrency and digital asset strategy, Alkesh Shah, led the primer’s publication, according to a BofA… Read More >>
Bank of Ireland to Hire 130 Technologists
New Staff Tasked to Deliver a Digital Transformation Officials at the Bank of Ireland recently announced that they have begun recruiting to fill 130 technology positions whose mission will be to deliver on an “ambitious digital agenda.” Part of that digital agenda is likely to include support for the bank’s securities trading activities even… Read More >>
AcadiaSoft Chairman to Step Down Later This Year
Collateral management services provider AcadiaSoft Inc. is undergoing a major change at the top with the news that industry veteran Howard Edelstein, the company’s board chairman will be stepping down before the end of the year and his replacement is expected to be selected over the coming months, officials say. AcadiaSoft has begun a search… Read More >>
SWIFT Picks a New President
Pérez-Tasso to Replace Leibbrandt on July 1 Javier Pérez-Tasso has been appointed the new CEO of SWIFT, and he will replace Gottfried Leibbrandt on July 1. Leibbrandt previously announced at the end of last year that he would be stepping down at the end of June. Pérez-Tasso has been a member of the SWIFT executive… Read More >>
State Street’s New COO to Oversee CRD Integration
Custodian giant State Street Corp. has promoted Lou Maiuri to the role of chief operating officer (COO) from his post as head of State Street’s Global Markets and Exchange businesses. A key aspect of his new position will be to oversee the integration of software and services vendor Charles River Development (CRD), which State Street… Read More >>
MEMX Picks Instinet Veteran to Be Its CEO
The Members Exchange’s (MEMX), a proposed challenger to incumbent exchange companies, has chosen industry veteran Jonathan Kellner to be its new CEO. Kellner’s resume includes his four years as CEO of agency-only broker Instinet. In 2014, Kellner was promoted to the post of CEO of Instinet, the equity trading arm of parent company Nomura Group,… Read More >>
Executive Shuffles Underway at Cboe & MarketAxess
Executive shuffles are underway for Cboe Global Markets, a holding company for some of the industry’s largest exchanges, and MarketAxess Holdings, which operates an electronic trading platform for fixed-income securities. In a major announcement, Cboe officials revealed that industry veteran Chris Concannon will be leaving his post as president and chief operating officer (COO), effective… Read More >>
ISITC Picks New Chair for 2019-2020 Term
Starting next year, Lisa Iagatta, director of account management for investment services at Fiserv, will be the new chair of ISITC, the industry trade group focused on creating and promoting securities operations standards. One of her key initiatives, Iagatta tells FTF News, will be to foster strategic collaborations with other global financial services and standards… Read More >>
CFTC Chairman Giancarlo to Step Down Next Year
J. Christopher Giancarlo will be leaving his post as chairman of the CFTC in April of next year and the Trump White House has nominated a Treasury Department official, Heath P. Tarbert, to be his replacement for a five-year term that will start April 14, 2019. If confirmed by the U.S. Senate, Tarbert, who now… Read More >>
SWIFT’s CEO Will Step Down in June 2019
Gottfried Leibbrandt, the CEO of the financial messaging and systems cooperative SWIFT, is stepping down from his post after seven years during which the organization endured major industry shifts and a major hacking scandal. Leibbrandt notified the SWIFT board of his intention to step down at the end of June 2019, officials say. SWIFT officials… Read More >>