Ottawa , Canada , January 23, 2006 – Solace Systems, the leader in carrier-scale value-added services routing systems, announced today the appointment of Mr. Frank Guerrera to the position of Chief Technical Officer – Financial Services.
In his new role, Mr. Guerrera will be responsible for working closely with end customers as well as the management and sales teams to provide strategic insight into the evolving financial services market.
Mr. Guerrera is an expert in the planning, development and management of complex networks for distribution of real-time information within financial markets, having served as CTO and Executive Vice President with HyperFeed Technologies and as a Vice President with Reuters America. He has designed global trading floor networks and electronic trading systems for some of the world’s largest financial institutions including the global headquarters of State Street Bank, JP Morgan and Fidelity Investments.
"Mr. Guerrera’s extensive experience in the financial services sector will help us ensure our technology and solutions are laser focused on customer needs, " said Craig Betts, President and CEO of Solace Systems. "The problem is escalating in two dimensions simultaneously; financial information volumes are exploding and latency times must be decreased. Frank’s intimate knowledge of these systems is helping Solace to work with service providers, banks and brokerages to transform the way this information is managed today and going forward."
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