IBS Journal December 2015


On the move


Lombard Risk has appointed Alastair Brown as its new CEO. Brown joins from the Royal Bank of Scotland (RBS) where he worked for 15 years in a variety of technol- ogy leadership roles in global banking and markets, CIO of international banking and most recently head of eChannels, global transaction services. Brown will report to Philip Crawford


who will continue to serve as executive chairman for the remainder of the financial year before Crawford returns to his role as non-executive chairman with effect from 1st April 2016. The search for a new CEO has been


ongoing since May 2015, when John Wisbey, the company’s founder, stepped down. Wisbey founded Lombard Risk in 1989


and remains a shareholder, with a stake of around 36%, and has not revealed what will happen with his shares. He led the company since its launch in 1989 with the introduction of software systems Oberon, and was involved in the acquisitions of Open Image Systems in 1994 and STB Sys- tems in 2005 and the Reg-Reporter busi- ness of Sofgen in 2011. Before establishing Lombard Risk,


Wisbey was head of option trading and a director in the Swap Group at Kleinwort Benson Limited. Wisbey was also past chairman until 2005 of IDOX, a former sub- sidiary of Lombard Risk. Paul Hanks, formerly CTO at UK-based


banking start-up, Atom Bank, has secured a new role as interim CIO for the Agiliti unit at Fiserv. Agiliti offers an outsourced ‘bank- in-a-box’ solution, underpinned by the Signature core banking platform, to small banks and start-ups in the UK. Hanks had joined Atom Bank in spring 2014, moving from Sopra Steria where he


40 © IBS Intelligence 2015 www.ibsintelligence.com


was principal consultant in the financial services division. His previous employers include Capgemini and Misys. First Derivatives’ subsidiary Kx Systems,


a database and time-series analytics compa- ny, made some management changes after a recent board review of the First Derivatives wider group leadership. Kx Systems CEO and co-founder, Janet


Lustgarten, will become chairwoman of Kx Systems and will be invited to join the board of directors of First Derivatives in 2016. First Derivatives CEO, Brian Conlon, will replace Lustgarten as CEO of Kx Systems. That’s not all. Mark Sykes who joined


Kx Systems earlier this year as head of global market strategy will become COO. In addition to his current responsibilities, Sykes will be in charge of Kx’s day-to-day operations and global client relation- ships. He will also join the executive man- agement team at First Derivatives. US-based software vendor SS&C Tech-


nologies appointed Smita Conjeevaram to its board of directors. Conjeevaram’s most recent operational role was as CFO of the credit hedge funds of Fortress Investment Group. Conjeevaram will replace Allan Holt who retired as an SS&C director on 19th November 2015. Holt served on the SS&C’s board for nearly a decade. Thomas Egner has been appointed


new secretary general of the Euro Bank- ing Association (EBA). Egner will take over the reins from long-time secretary gener- al Gilbert Lichter in Q2 2016. At that point in time, Lichter will retire from the posi- tion, which he has been holding for over 26 years. Fenergo, a provider of client lifecycle


management software for banks, has made a number of senior appointments. Eimer McGovern is the new CFO and joins


appointments


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