People Moves: Tradition, Glue42, DataRobot, SEC, Tora, BTON, Chainalysis

Tradition Aims to Grow Data Sales With New Hire

Interdealer-broker Tradition has recruited Chris McGuigan as head of data sales for the Americas. The hire is part of a greater effort to grow its data business revenues by hiring more sales staff.

McGuigan has worked in financial services for more than 20 years. His most recent position was as head of global sales for the data and analytics division at rival broker TP Icap. Prior to that, he served as head of Americas and European sales at Tullet Prebon Information and head of information services at MarketAxess.

In his new role, McGuigan reports to James Watson, global head of sales.

• Tradition Preps New Data Platform. 

Rob Hegarty Joins DataRobot

Boston-based DataRobot, a specialist firm in enterprise AI and automated machine learning, has appointed Rob Hegarty (pictured) as its general manager of financial markets and fintech. He’s tasked with encouraging more industry organizations to leverage such tools, and expand DataRobot’s reach within capital markets.

Most recently, Hegarty was founder and managing partner at Hegarty Group, a research and consultancy firm that covers data, markets and technology, in Boston. He began his career at Fidelity Investments, leading product development for the firm’s first electronic trading system. Since then, he’s held a number of titles over the last 30 years, including global head of equities at Thompson Reuters, now Refinitiv, and head of market structure and strategy and marketing at the Depository Trust and Clearing Corporation (DTCC).

Glue42 Names Stephens Chief Revenue Officier

Glue42, the London-based desktop interoperability provider used by JP Morgan, has hired Sean Stephens as its chief revenue officer. He’s charged with guiding the startup through its next growth phase, bolstering company revenues and collaborating with clients worldwide on current and future aspects of the platform.

Stephens has served as vice president of cloud solutions for Software AG, where he pioneered a new business unite for the company through bringing process management automation solutions into the cloud. Additionally, he’s been a director for the APAC region and a national sales manager for BigHand. For seven years, he worked at Dell, as both a senior accounts manager and global accounts manager.

Stephens will report to Glue42 COO, James Wooster.

BTON Financial Recruits Two Directors

BTON Financial, an independent outsourced trading desk for asset managers, appointed two electronic trading veterans, Brian Schwieger and Tony Walker, as non-executive directors. Both men will be responsible for helping mid-tier asset managers take advantage of liquidity and execution opportunities, and navigating regulatory initiatives.

Schwieger has served as global head of equities at the London Stock Exchange Group since 2013, dealing with equity markets in London and Milan. Between 2005 and 2013, he was managing director for equities execution services at Bank of America Merill Lynch.

Walker is the co-founder and an independent non-executive director for London-based Armadillo Financial Technologies, and is on the board for Citadel Securities Europe. For a decade, he was a managing director for Merrill Lynch’s EMEA Execution Services. He began his career in investment banking at Lehman Brothers as vice president of electronic execution in 2000.

TORA Appoints Mullooly To Drive Expansion

TORA, deliverer of cloud-based tools and software for financial services, has named Thomas Mullooly as its head of US sales, reporting to managing director Chris Jenkins. Mullooly will be responsible for all sales efforts in the US, particularly the adoption of TORA’s order and execution management system (OEMS) within the region.

He joins the company from TradingScreen, where he was director of FX sales. He’s held various sales roles at BidFX, EBS BrokerTec and FXall.

SEC Swaps Chiefs of Staff

Sean Memon will serve as the new chief of staff at the Securities and Exchange Commission (SEC), replacing Lukas Moskowitz, who will return to the private sector after more than five years at the commission. Memon has served as deputy chief of staff since Moskowitz’s appointment by SEC chairman Jay Clayton in May 2017.

Prior to joining the SEC, Memon practiced law at Sullivan & Cromwell LLP, where he advised clients in regulatory and transactional matters. He’s also been a member of the Finance and Acquisitions department at Time Warner Inc. Prior to Time Warner, Memon was an analyst in the technology investment banking groups of Raymond James & Associates and Morgan Stanley & Co., where he worked with companies on raising capital and mergers and acquisitions.

Moskowitz first joined the commission in 2010, serving as an attorney in the Division of Enforcement and, later, as a counsel to former commissioner Daniel Gallagher, before leaving to become managing director at Patomak Global Partners. When he returned to the SEC, Moskowitz served as chief investigative counsel of the Senate Committee on Banking, Housing, and Urban Affairs. Before joining the Senate Banking Committee staff, Moskowitz served as a counsel on the Financial Services Committee of the US House of Representatives.

Chainalysis Bolsters Governmental Expertise With New Hire

Chainalysis, the blockchain analysis company, has appointed former Treasury executive Michael Mosier as chief technical counsel. Mosier will work closely with Jesse Spiro, global head of policy, in Washington DC, and bring legal expertise to Chainalysis’ products related to data privacy and global anti-money laundering, sanctions, policy and governmental affairs.

Most recently, Mosier served as chief of strategic advancement at the US Treasury Financial Crimes Enforcement Network (FinCEN). Over the last 10 years, he’s worked in various other divisions within the government, including at the Department of Justice (DOJ), the Office of Foreign Assets Control (OFAC) and the White House National Security Council.

In all departments, he held high-level positions and led offices such as the OFAC’s Office of Sanctions Policy and Implementation, and the Office of Compliance and Enforcement. In his tenure at the DOJ, he oversaw the Financial Intelligence Unit within its Money Laundering and Asset Recovery unit.