Merlin Securities Taps Deutsche Bank Vet Garrett As CTO

Feb 9 2011 | 11:02am ET

Robert Garrett has joined prime broker and technology provider Merlin Securities as senior partner and chief technology officer.

Garrett comes to Merlin from Deutsche Bank where he served as global head of execution services technology, responsible for order management and execution, algorithms and crossing engines across all asset classes. Prior to this, he was global head of equities electronic trading technology. Before Deutsche Bank, Garrett ran the equity derivatives trading platforms (trading and risk) for Bank of America and subsequently headed the company’s electronic trading IT organization. Garrett spent six years as a technology consultant at Sapient, driving strategy and implementation projects. He began his career at AT&T as a systems developer and architect.

“Merlin’s value proposition is, first and foremost, about the quality of the technology solutions we provide to our clients, and Bob will add leadership and strength to our team,” said Stephan Vermut, founder and managing partner of Merlin Securities. “Bob has a proven track record of setting the strategic technology direction for major firms and managing the detailed aspects of developing and implementing solutions for sophisticated managers, investors and traders. We’re delighted to welcome him aboard.”

Garrett will be a member of Merlin’s executive committee and is based in the firm’s New York office.

Merlin is a leading prime brokerage services and technology provider, offering integrated solutions to the alternative investment industry. The firm serves more than 500 single- and multi-primed managers, providing them with a broad suite of solutions. With more than 100 employees, the firm has offices in New York, San Francisco, Boston, Chicago, San Diego and Toronto.


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