OpenGamma Appoints Former SunGard CEO to Its Board

OpenGamma, a provider of OTC market structure risk management and analytics solutions, has appointed former CEO of SunGard Cristóbal Conde to is board of directors, and the firm has also appointed Mark Beeston as chairman of the board.
By Jake Safane(2147484770)
OpenGamma, a provider of OTC market structure risk management and analytics solutions, has appointed former CEO of SunGard Cristóbal Conde to is board of directors, and the firm has also appointed Mark Beeston as chairman of the board.

Beeston has been an OpenGamma board member since 2012 and has over 20 years of experience working in the financial industry at firms such as Deutsche Bank and ICAP.

His appointment follows former Chairman and Co-Founder Kirk Wylie’s decision to take on the role of chief innovation officer (and Wylie will continue to serve on the board).

“We are proud to have such an experienced industry professional as Mark to chair our board,” says Mas Nakachi, CEO of OpenGamma. “His background in financial services and his deep understanding of banking and financial technology make him the ideal person to lead OpenGamma’s next phase of growth.”

Meanwhile, Conde, who served for 12 years as CEO of SunGard, will serve as an independent non-executive director.

“My 30-year career has been dedicated to harnessing technology to deliver more efficient solutions to the financial industry,” says Conde. “During this time there were only a few initiatives which could be considered truly transformative. OpenGamma’s approach to risk and margin measurement is one of them.”

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