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OCC chairman and CEO retires
Wayne Luthringshausen, the chairman will retire from his posts as of December 31. Luthringshausen has been juggling the since 1977. The clearing corporation will by Luthringshausen’s exit. Although the
ate stronger insurer and partner relationships, according to SSP’s release.
trading with affected counterparties, while 89% said they have simply started to evaluate counterparties more closely. Among those who ceased trading with certain counterparties, just 25% of those respondents represented the US and Canada, while 58% were European institutions. DATA
leaders to various positions in a move to
Levine was appointed executive client to separate the roles, it has appointed have Levine enhancing client coverage the new year.
Interxion to push cloud access for data center biz
London-based data center operator Interxion expects to push the message of efficient access to cloud infrastructures as it seeks to continue its data center growth, according to comments from Patrick Lastennet, financial services director of marketing and business development. The provider already has a sizable financial services presence in its London data center due to the city’s status as a financial hub, Lastennet said, adding that in London and other similar cities the company is typically approached with new business. “I think where we will start being more proactive is more along the concept of being able to access multiple cloud environments from one single location,” he said. Lastennet noted some firms looking for hosted vendor services are being sold cloud solutions that don’t use true cloud infrastructure. “These types of solutions are normally quite latency sensitive,” he said. “It’s better to be in the data center where the product is being hosted.” That activity is what is likely to spur more firms to move into data centers, Lastennet said. Other pressures, such as the need to access and manage massive amounts of data, will also impact those decisions. “There might still be the perception that you can access data from any location as long as you have enough
JMP Group appoints new managing director
JMP Group, the investment bank and alterBlackwood to head up JMP Securities’ investment banking division. He will preside over internet and digital media, providing strategic advisory service. Before joining JMP Securities, Blackwood was managing director and head of technology and media at Janney Montgomery Scott.
manager of settlement and asset services. ment. Thieke is currently the managing director of asset services. -
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derivative global post-trade processing and trade reporting services. He is currently and will manage responsibilities from both companies while transitioning to the new Macbeth will take control of the recently created position of chief product developforts on evolving existing and new product to ongoing industry and regulatory needs.
SSP promotes from within
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