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ITG SOLUTIONS NETWORK APPOINTS NEW EUROPE HEAD FOR MACGREGOR

Mike Roberts joins from SunGard

ITG Solutions Network, a subsidiary of ITG – the technology based equity trading services group – has named Mike Roberts as Head of its European operations for the Macgregor product line.

Macgregor is the leading provider of trade order management technology and is part of ITG Solutions Network, Inc. – the broker neutral, wholly owned subsidiary of Investment Technology Group (ITG). Macgregor was acquired by ITG in January 2006. . ITG Solutions Network, Inc offers an array of open and flexible solutions covering portfolio management, pre-trade analytics, order management and post-trade analysis to help clients improve their investment process

Roberts will report directly to Stephen Alepa, ITG Managing Director and Global Head of Sales and Services at ITG Solutions Network.

Prior to joining Macgregor, Roberts spent 14 years at SunGard, both across Europe and Asia. His most recent position was Managing Director of SunGard Trading Systems in London.

Commenting on the appointment, Stephen Alepa, said: “The creation of this very senior role and Mike’s appointment shows our increased commitment and investment in our European operations.”

Mike Roberts added: “I am very excited about this opportunity to develop the Macgregor business across Europe and building up the team in London. I believe the buy-side is entering a new phase of dynamic innovation, technology investment and change. The Macgregor products and services, complemented by the full suite of ITG products, is uniquely placed to respond to and capitalise on these changes.”

Roberts, 44, began his financial services career at E.F. Hutton in Germany. Previous roles include sales trading at Lehman Brothers and consultancy at DG Bank.