Sydney, London and New York - GBST, the provider of securities transaction and fund administration software, has announced that Ian Jack has joined the company as CEO for its Capital Markets business in the UK.
Ian brings 15 years of experience in the financial services industry to the team, with a particular focus in front and back-office financial networks. Most recently he served as Global Head of Infrastructure for the New York Stock Exchange (NYSE). Prior to NYSE, Ian held roles at Colt Telecom, Radianz and Logica Ltd.
Based in London, Ian will report to Group CEO Stephen Lake and focus on growing the company's Capital Markets business into new markets throughout Europe. "We are delighted to have Ian heading up our Capital Markets UK team," said Stephen. "His in-depth experience in financial networks is combined with an incredible vision for where the industry is going, which fits perfectly with GBST's philosophy for product development and commitment to global growth."
Ian commented that it was this focus on growth and innovation that impressed him most about GBST from the start. "GBST has a drive to develop customer-centric systems and respond to the needs of the each specific marketplace in which they have a presence," he said. "It goes without saying that I'm thrilled to be joining GBST at this stage of the company's growth. The industry is at a turning point right now both with an increasingly complex regulatory environment and a continued need for investment in middle and back office efficiency. I look forward to steering GBST's European business through these challenges and opportunities."
Stephen added, "We foresee significant growth in the Capital Markets sector over the next few years, and Ian's energy and knowledge will be critical to our success."