GlobeOp names Jon Anderson global head of OTC derivatives

10 September 2008

GlobeOp® Financial Services (LSE:GO.), today announced the appointment of Jon Anderson as global head of over-the-counter (OTC) derivatives.

Anderson will report to Vernon Barback, GlobeOp president and COO, and will be based in the company's Manhattan headquarters office. He will also join GlobeOp's Operating Committee.

"Jon is recognized in the hedge fund industry for his unique combination and depth of front- and back-office derivatives experience," said Vernon Barback. "A former derivatives trader as well as an operational systems and technology specialist, he brings a broad and balanced understanding of client service requirements and operational best practice. We look forward to his contributions to service quality and innovation in support of our clients' trading activities. GlobeOp continues to extend its leadership in OTC processing services for hedge funds and other asset managers. His recent experience working for a large hedge fund will be especially valuable to us in this regard."

Anderson brings nearly 20 years of derivatives-related trading and operational experience to GlobeOp. He most recently served as a managing director and head of trading technologies at BlueMountain Capital Management, a private investment company based in New York, NY. While at BlueMountain he also served as head of investment management support, building out the firm's risk and profit analytics, collateral management and operations functions. Anderson was also a member of the Operations Management Group, a senior U.S. industry leadership group that addresses derivatives operational risk issues.

Prior to joining BlueMountain in 2003, Anderson managed the commercial business, vendor and customer relationships at NumeriX LLC in New York, a derivative analytics company serving the dealer and investor community. Prior to NumeriX, he spent a total of 11 years managing derivatives trading desks at Mellon Financial Corporation (now The Bank of New York Mellon) and at Crédit Agricole (now Calyon) in New York.

Anderson holds an M.B.A. in Finance from the New York University (NYU) Leonard N. Stern School of Business and a B.A. in Economics from Yale University.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development