New York, May 15, 2013 – NYSE Technologies, the commercial technology division of NYSE Euronext (NYX), today announced the appointment of Varghese Thomas as Senior Vice President and Global Head of Infrastructure Solutions. In this role, Mr. Thomas will be responsible for the development and management of a leading financial hosting, network and managed services business, which provides secure solutions for the global financial services community. The business supports customers with new innovations such as FIX as a Service, Time Series as a Service and other core managed solutions opportunities designed to lower costs and create business efficiencies. Based in New York, Mr. Thomas will work in close collaboration with NYSE Technologies’ Content and Liquidity Solutions teams reporting to COO, Terry Roche.
“We are thrilled to announce this key addition to the NYSE Technologies team. Varghese brings an impressive track record of more than 20 years in infrastructure strategy and global business development that will be a major asset to our team and our customers as Head of Infrastructure Solutions,” said Jon Robson, CEO, NYSE Technologies. “As an industry, we find ourselves at a tipping point where legacy operating models are no longer sustainable and firms are actively seeking more effective ways to collaborate on a range of important infrastructure services. At NYSE Technologies, we are using our global scale, connectivity and comprehensive service offerings to help the industry more efficiently control their total cost of ownership and long-term technology roadmap. Varghese and his team are a key part in the delivery of that value proposition.”
“I’m truly excited to join NYSE Technologies during a period of dramatic industry change and lasting business evolution. As part of a globally renowned team with uniquely valuable assets in Infrastructure, Content and Liquidity, we have a powerful opportunity to drive new economies of scale and performance through a redefinition of legacy operating models in collaboration with our customers,” said Varghese Thomas, Global Head of Infrastructure Solutions, NYSE Technologies. “An emerging trend I’ve seen in my work spanning the capital markets, banking and insurance sectors is that by outsourcing some of their infrastructure needs, we can help customers find new efficiencies, create long-term client value and substantially reduce operating costs. NYSE Technologies is committed to helping make that trend a proven reality and I am excited to be part of the leadership team.”
The NYSE Technologies Infrastructure business includes a range of ‘as-a-service’ solutions as well as vendor and broker hosted services, and global transaction and data connectivity via the Secure Financial Transaction Infrastructure (SFTI) network. Working alongside NYSE Technologies’ Content unit, which collects and distributes value-added market data globally, and its Liquidity unit offering market hosting, cloud-based solutions and post-trade services, customers can leverage NYSE Technologies scale, connectivity and product innovations across the complete trade cycle
About Varghese Thomas
He also led the collaborations of the largest global alliances in both capital markets and banking technology deploying integrated solutions leveraging infrastructure, applications and content at Savvis. Mr. Thomas has over 20 years of financial services industry experience. Prior to Savvis, he held several leadership roles at Thomson Reuters and Bridge Information Systems supporting financial applications and technology. Mr. Thomas also worked at Smith Barney’s market data and trading services team.
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About NYSE Technologies