Friday, 28 November 2014
Last updated 1 hour ago
Jul 11 2008 | 11:28am ET
Global administrator Fulcrum Group has appointed Jill Considine, former chairman of the Depository Trust & Clearing Corporation in New York, as chairman.
As head of DTCC from 1999 to 2006, Considine was responsible for building it into the world's largest post-trade infrastructure for clearing, settlement and custody for most U.S. securities transactions. She expanded DTCC's business activities into the OTC derivatives market, led the launch of Omgeo (a joint venture with Thomson Financial) and positioned the company to be a global service provider.
“Fulcrum is at a turning point in its evolution and is poised for further expansion in existing and new markets,” said Akshaya Bhargava, CEO of Fulcrum. “Jill’s leadership and extensive experience as the head of the DTCC during a pivotal time in the securities industry will serve to provide invaluable stewardship as Fulcrum focuses on its strategic initiative of building the gold standard administrative platform for the hedge fund industry.”
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...