Broadridge has appointed Frank Troise as president of the trading and connectivity solutions business and vice chairman of Broadridge Capital Markets, effective 29 April.
He replaces Ray Tierney, who has held the role for three years and will continue to serve in an advisory capacity.
Troise has more than 35 years of industry experience and joins Broadridge from Pico Quantitative Trading, where he was a board member and co-CEO.
Prior to this, he held a number of senior positions at Investment Technology Group, J.P. Morgan’s Execution Services, Barclays and Lehman Brothers.
Vijay Mayadas, president of capital markets at Broadridge, said: “[Troise’s] appointment symbolises the latest step in our journey as a capital markets business and underscores our commitment to delivering solutions that help to optimise trading for global banks, broker dealers, and independent trading firms.
“We thank Ray for his leadership, help successfully integrating the Itiviti acquisition and continued focus on delivering simplification and driving innovation across the trade lifecycle.”
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