FirstMark | 10.29.14

OpenGamma Names Mark Beeston as Chairman

By hedgeweek

OpenGamma, a provider of OTC market structure risk management and analytics solutions, has appointed Mark Beeston as chairman of the board of directors.

OpenGamma has also appointed Cristobal Conde, former CEO of SunGard, to its board.

OpenGamma provides standardised and transparent margin calculations from the major clearing houses, enabling financial services firms to optimise their use of capital.

“OpenGamma is rapidly becoming the standard for margin calculations, a key component for financial institutions during this market structure evolution,” says Beeston (pictured). “The opportunities for growth are clearly significant and I look forward to continuing my work with the board to help reinforce OpenGamma’s position at the heart of the financial ecosystem.”

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