ITG is a specialised, agency-only brokerage, which provides clients with innovative technologies that span the entire electronic trading process. Working in partnership with clients, ITG adds value during pre-trade analysis, trade execution and post-trade analysis with such products as POSITÂ® â the intraday equities crossing system and the transaction analysis tool TCAÂ®. ITG is a pioneer in the algorithmic arena and a market leader in the provision of execution management systems such as Tritonâ¢.
Michael Green joined ITG on 19th February as Head of Information Technology in Europe where he will be leading a team of over 40 employees based in London and Dublin. Michael will be a member of ITGâs European executive committee. Previously, Michael, 36, spent over nine years at Goldman Sachs â the last two years as European IT manager of client and exchange connectivity, position keeping and trade capture. He was responsible for a team of 35 and was part of the senior management group for equities in Europe and global connectivity. Prior to joining Goldman Sachs, Michael spent four years at PriceWaterhouseCoopers as an IT consultant. He has a bachelorâs degree in economics and a masterâs in IT.
Michael replaces Ronen Kertis, who will be relocating to Israel to become General Manager of the Tel Aviv office where the development of ITGâs European software is centred.
ITG has also hired Daniel Shaw, previously an executive director of Goldman Sachs within the REDI+ electronic transaction services division responsible for sales, direct market access and algorithmic trading. Danielâs role is to create and head up an execution management function in Europe that services clients who self-direct their own business using ITGâs tools and services such as Triton and ITG Algorithms. During his eight years at Goldman Sachs, Daniel held a number of roles primarily in the institutional equities trading business. He has a degree in mathematics and astrophysics. Daniel, 36, reports to Robert Boardman, head of algorithmic sales for ITG in Europe.
Other hires include Matthew ParÃ©, who joined on January 22, to spearhead sales of client site products such as ITGâS Triton Execution Management System (EMS). He joined from Royalblue Financial, where he was head of sales for the Fidessa EMS to the buy-side community. Matthew, 31, reports to Jamie White, head of ITGâs client site products in Europe. Prior to Fidessa, Matthew spent three years at Easybroker as head of product development and institutional sales, and before that was involved in business development for NASDAQ Europe.
Commenting on the appointments, David Stevens*, CEO of ITG in Europe, said:
âI am delighted that Michael, Dan and Matthew have joined ITG. This year will be very important for us in terms of the introduction of new tools and services and we are confident that Michaelâs wealth of transaction IT experience will be invaluable to us.
The appointment of Daniel follows the strategic decision to provide our users of client site products with a dedicated service function to better cater for their needs and Matthew has come on board to strengthen the expanded client site sales team. I welcome them to ITG.â
Michael Green added:
âITG is the right company at the right time â I am very excited by the opportunity to lead the technology team within a company that really understands and values this sector.â
*David Stevens was appointed CEO of ITG in Europe in early 2007. He replaces, and reports to, Alasdair Haynes who has become CEO of ITG International and is now responsible for all ITGâs European and Asian businesses.