HedgeOp Expands U.S. Presence

Jun 6 2012 | 7:39am ET

Consulting and software specialist HedgeOp Compliance has added Derek McGibney as a senior project director in its New York office as it boosts staff in its U.S. operations.

McGibney comes from the UK office of IMS, HedgeOp’s parent company, where he had worked for over eight years. McGibney has been consulting all aspects of governance, compliance and operational risk for top tier global financial services for over 15 years. 

HedgeOp has also hired Steven Vecchio as vice president in compliance in its New York office, and Nebosjsa Obradovic and Zachary Rosenberg as compliance associates in its Boston and San Fransisco offices, respectively.

Vecchio comes to HedgeOp from the law firm Bingham McCutchen where he spent five and a half years in the investment management practice group. Obradovic previously worked as a compliance officer for Heritage House Asset Management and Rosenberg joins from Jacko Law Group, where he was an associate. 

Said HedgeOp CEO William Mulligan in a statement: “We are seeing increasing demand for our services and expertise as the regulatory regime continues to tighten.

“Derek’s encyclopedic knowledge of European regulatory architecture and his sophisticated approach to the management of compliance risks will expedite HedgeOp’s incorporation of IMS’ UK intellectual property to our procedures as well as our patented software applications.”

In January 2012, IMS merged with HedgeOp Compliance and later acquired all outstanding shares in the New York-based subsidiary, IMS Consulting US. The enlarged group is based in London and has more than 100 employees supporting approximately 700 investment management firms globally.

 


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.