DerivaTech appoints Tennola to new COO role

DerivaTech, the Chicago-based currency derivatives software solution provider, has named Paul Tennola chief operating officer (COO), a newly created position.

Tennola most recently worked as COO and chief financial officer at Incent, a Chicago developer of Web-based decision support software for financial and insurance institutions. His previous positions include vice-president of business development at GE Financial Assurance-Partnership Marketing Group, a unit of the US' General Electric, and financial management posts at international professional services firm Deloitte & Touche and US investment bank Merrill Lynch.

He will report to Nicholas Hatzopoulos, DerivaTech's chief executive, who said: "We’ve made tremendous inroads with our product development and market penetration, and now it’s time to take a strategic look at how we can enhance our core competencies."

Tennola will focus on supporting DerivaTech’s global growth strategy and will direct resources and operational support to ensure strong customer relations. "I am looking forward to playing a significant role as a catalyst for growth," said Tennola.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Chartis RiskTech100® 2024

The latest iteration of the Chartis RiskTech100®, a comprehensive independent study of the world’s major players in risk and compliance technology, is acknowledged as the go-to for clear, accurate analysis of the risk technology marketplace. With its…

T+1: complacency before the storm?

This paper, created by WatersTechnology in association with Gresham Technologies, outlines what the move to T+1 (next-day settlement) of broker/dealer-executed trades in the US and Canadian markets means for buy-side and sell-side firms

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here