Itiviti Nabs FIS’ Mackay for CEO Role

Swedish vendor appoints trading and risk systems veteran as new chief executive.

stockholm

Swedish trading and technology vendor Itiviti has picked Rob Mackay as its new CEO, filling a slot left vacant since December 2018.

Mackay, COO for cross-asset trading and risk at FIS, will replace Torben Munch, who stepped down at the end of last year. Based in London, he will start on April 1.

Mackay’s appointment caps a period of significant change for the Stockholm-based vendor, which completed its merger with Ullink in November 2017. The company itself is an amalgamation of several storied brands within capital markets fintech, comprising Ullink and Itiviti, as well as Nyfix, Orc, CameronTec and Tbricks.

Prior to his appointment, Mackay had spent most of his career at FIS, and at SunGard before it was acquired by the technology giant. He was the COO for the firm’s Front Arena product from 2015, and the managing director of alternatives at SunGard from 2000 to 2007, when he left the company to become the managing director of R2 Financial Technologies.

His career started in sales at Algorithmics, and he spent a brief period as a consultant at Oliver Wyman at the turn of the millennium.

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