Trading software and SaaS provider Trading Technologies (TT) has appointed industry veteran Nick Garrow to the newly created role of EVP multi-asset and buy-side.
Garrow brings over 20 years’ experience in senior management in capital markets and prime brokerage, having led the global technological and operational transformation of businesses ranging from a tier-1 bank, to brokerage and clearing firms, to an exchange and fintech company.
He will report to Keith Todd, chief executive of TT, and will also join the firm’s leadership team.
In his new role, Garrow will oversee TT’s expansion into new asset classes beyond exchange-traded derivatives and a range of new services for the buy-side community, with the firm’s SaaS TT platform as the foundation.
“We’re thrilled to have Nick join us at this very exciting time as we build on the strength of our technology and seek to expand our offering through partnerships, acquisitions and organic enhancements to our platform,” said Todd.
“He is already contributing a wealth of ideas based on his experience as both a seller into the market and discerning consumer of services.”
Garrow joins from Societe Generale Prime Services in London, where he served as global head of IT and operations since 2019.
Prior to that, he served at Newedge – which was later acquired by SG – in a number of roles including global head of cross-asset technology in London for SG Prime Services. More recently, he became responsible for all global IT and operations for the agency business.
“TT has always been at the forefront of innovation in this industry. The delivery of the new SaaS platform, combined with the ambition, independence and investment that 7RIDGE brings, puts TT in an ideal position to expand its range of services and solutions,” said Garrow.
“I’ve known Keith and many of the extremely talented people at TT for many years. I am proud to join the team and convinced that TT will be a driving force in bringing to market the most compelling multi-asset trading solution that our customers seek.”
Last month, TT acquired Chicago-based technology provider of algorithmic execution strategies and quantitative trading products, RCM-X. The new agreement will bolster TT’s platform with the addition of a new product suite of algorithmic execution strategies, trade analytics and TCA services.