Avelacom Appoints Lorenz Voss as US Managing Director, Opens Chicago Office

Ultra-low latency network provider Avelacom is broadening its US operations and has appointed Lorenz Voss as the new Managing Director for the US market. Voss, who brings over 15 years of experience in the telecom and capital markets industries, joins Avelacom from Tower Research Capital.

Voss will be responsible for expanding Avelacom’s market share in North America, bolstering existing client relationships, driving sales, hiring new team members, and supervising network deployments from the company’s newly established office in Chicago. The move follows Avelacom’s recent network expansions in the APAC, Middle East and Latin America regions.

Gresham Technologies Hires Dan Kennedy to drive North America Growth Plans

Gresham Technologies has appointed Dan Kennedy as senior vice president of sales, North America as part of the company’s continued expansion in the market. Based out of Gresham’s New York office, Kennedy will be responsible for all business development, sales, account management and partnering activities in the region. He joins with than 25 years of experience in enterprise technology solutions, including seven years at Corvil (now part of Pico) as managing director and head of sales, Americas focused on real-time data analytics, cloud, cybersecurity and managed service solutions for financial markets.

Gresham has grown its business in North America from winning its first customer in 2015, to having more than 150 customers in banking and investment management supported by a team of over 60 people on the ground.

GoldenSource Appoints New Chief Financial Officer to Accelerate Growth

GoldenSource has appointed Derek Apfel as chief financial officer. Based in New York, Apfel will lead finance, operations, HR and corporate development as the company seeks to accelerate global growth following its 2022 acquisition by private equity firm Gemspring Capital. Apfel previously held roles at firms including Citi, Bank of America, and most recently Tilting Point, where he was chief financial officer and oversaw rapid organic growth and several acquisitions.  Apfel will report directly GoldenSource CEO John Eley.

This hire is the second made by the GoldenSource management board this year, following the appointment of Swati Tyagi to chief product officer in February. Tyagi oversees product strategy and development.

American Financial Exchange Names John Shay as CEO Following 7RIDGE Acquisition

The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for US banks and financial institutions, has appointed veteran financial services executive John Shay as CEO. The announcement comes after the recent acquisition of AFX by 7RIDGE, a growth equity firm investing in transformative financial services technologies.

With decades of experience in leadership roles within the financial sector, Shay will lead AFX in accelerating its growth trajectory, expanding its network of members, and furthering the adoption of the AMERIBOR benchmark. Under 7RIDGE’s ownership and Shay’s leadership, the exchange aims to bring significant value to regional and local banks, helping them to source deposits, lend, borrow and manage risk effectively.

Adaptive Financial Consulting Bolsters Board with Two Non-Executive Directors

Adaptive Financial Consulting has announced the appointment of two Non-Executive Directors, Dr Stephen Norman and John O’Hara, to its Board. Dr Norman, who brings two decades of capital markets experience and has held senior roles at RBS Global Banking and Merrill Lynch, will succeed Janhavi Dadarkar as Chair of the Board.

John O’Hara, a co-founder and former CEO of Taskize, has extensive banking technology experience, having held senior roles at JPMorgan, Bank of America, RBS International Bank, and BP Energy Trading. The appointments follow a period of rapid expansion for Adaptive Financial Consulting, including key company hires and a significant increase in headcount.

ESG Consultancy 7 Centre Launched by Orenda Founder

A new consultancy, 7 Centre, has been launched, dedicated to advising corporate and financial clients on ESG engagement and offering guidance on sustainability strategies and incorporation of ESG factors into decision-making processes. The company was founded by ESG thought leader Tanya Seajay, who created alternative data firm Orenda.

NeoXam Announces New CEO and Growth Plans Following Eurazeo Investment

Financial software company NeoXam has promoted Florent Fabre to the position of CEO, following the recent investment by Eurazeo, the international private equity company. Fabre has over 20 years of experience in the financial software industry, having served as NeoXam’s Chief Operating Officer and Group Managing Director since 2015.

Fabre’s promotion, together with Eurazeo’s investment, will support NeoXam’s growth in Data Management and Reporting segments, as well as expanding its international presence in Asia, Northern Europe, and North America. The investment will also provide internal resources to help with the company’s buy-and-build strategy, accelerating product development and international expansion.

LSEG Bolsters Leadership with New Data & Analytics and Sales & Account Management Executives

LSEG (London Stock Exchange Group) has announced the appointment of Satvinder Singh as Group Head of Data & Analytics and member of the LSEG Executive Committee, effective from 3 July 2023. Reporting to CEO David Schwimmer, Singh will lead LSEG’s global data and analytics businesses, catering to over 40,000 customers across 190 countries, and will also spearhead the joint development of new products and services in collaboration with Microsoft.

Furthermore, LSEG has confirmed the appointment of Ron Lefferts as Group Head of Sales & Account Management to the LSEG Executive Committee, effective immediately. Based in New York, Lefferts joined LSEG in 2021 to lead the Data & Analytics Sales and LSEG key account teams.

TS Imagine Expands North American Team with Key Sales Hires

Trading, portfolio, and risk management solutions provider TS Imagine has appointed two key sales hires to support its rapid growth in North America. James Muench has joined as Sales Director, focusing on the development and growth of the firm’s Fixed Income business, bringing over a decade of Institutional Credit Sales experience from roles at Tradeweb and Barclays Capital. Jake Elkins also joined as Sales Director, tasked with contributing to TS Imagine’s growth across the region, bringing capital markets technology expertise from previous roles at IHS Markit and State Street.

The expansion of TS Imagine’s sales team follows the recent launch of RiskSmart X, a risk management solution for banks and prime brokers, as well as the company’s announcement of a 72% surge in global recurring bookings in 2022.

Opensee Names Emmanuel Richard as Chief Growth Officer and MD of North American Operations

Opensee, a provider of data access and real-time analytics to financial institutions, has appointed Emmanuel Richard as Chief Growth Officer and Managing Director of North American operations. Richard brings over 25 years of experience in the technology industry, having held roles at Rimini Street and MicroStrategy. He will work alongside Rodrigo Medgenberg, VP of Sales, to accelerate Opensee’s go-to-market strategy.

Opensee aims to help financial institutions unlock valuable business and risk intelligence from vast data sets. With Richard’s appointment, the firm is also confirming its strategy to invest in partnerships as a key growth driver, leveraging its open API architecture to enable integrators to deliver bespoke solutions across the financial industry.