Michael Horan has been appointed head of trading at SS&C Technologies Global Investor and Distribution Solutions (GIDS) in EMEA following two decades working with BNY and Pershing.
He most recently served as head of electronic equity trading at BNY’s London branch for 11 years. Before that, London-based Horan served as head of outsourced trading at Pershing EMEA.
During his time at Pershing, he oversaw BNY’s 2020 expansion of its Pershing global equities trading services in Europe which saw Pershing Trading Services (PTS) offered to the wider BNY custody client base, as well as to new clients that do not have assets held under custody on the Pershing platform and those outside of the UK and Ireland.
Speaking to The TRADE at the time about Pershing equities trading as a stand-alone service, Horan confirmed that it would also now act as the sole equity broker for BNY in EMEA to expand trading services to the custodian’s wider asset servicing client base across the region, stating: “Pershing is essentially going global with this development.”
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Previously in his career, he also served as head of European broker desk at Instinet, as well as working in an equities-related broker role at Tullet Prebon and UK-focused market maker at ABN AMRO Bank.
The TRADE reached out to BNY and SS&C for comment.