T-Zero has hired George Harrington as Chief Operating Officer to expand its senior management team. This comes after the company experienced a 338 percent growth rate in the second half of 2006 compared to the first have of the year.
“We are very pleased to have George join our company as we grow our business to the next level and explore new initiatives that take advantage of our expertise in trade processing,” says Mark Beeston, the President of T-Zero. “George’s expertise in credit derivatives and financial markets will be a tremendous asset as we work with the industry to solve trade processing challenges.”
Harrington joins T-Zero in its New York office after spending more than two years at Thomson Trade Web where he was most recently product manager of its credit default swap index trading business. Harrington he has held senior roles as an analyst and accountant with various financial organizations since the launch of his career in 1994.
“This is truly an exciting time to join such a growing and dynamic company as T-Zero,” adds Harrington. “As the credit derivatives market continues to evolve, market participants are increasingly seeking out solutions to their trade processing needs and to achieving straight through processing. T-Zero’s momentum in the market place reflects market participants’ strong attraction to its agnostic connectivity model, ease of implementation and ability to reduce operational risks. I believe our pace of adoption will continue to expand as market participants in the UK, Europe and North America seek out our solution.”