13 February 2016

Finra names Citi's Steven Randich CIO

28 February 2013  |  4601 views  |  0 Wall street sign

The Financial Industry Regulatory Authority (Finra) has named Citigroup's co-chief information officer Steven Randich as EVP and CIO.

Reporting to chairman and CEO Richard Ketchum, Randich will oversee technology and the registration and disclosure division when he joins the watchdog on 11 March.

The new man has spent the last seven years with Citigroup, most recently in the dual role of co-CIO, Citi and CIO and global head of technology for the bank's institutional clients group.

He joined Citi in 2005 from Nasdaq, where he served as EVP, operations and technology and CIO. Between 1996 and 2000 he held a similar role at the Chicago Stock Exchange and has also been a managing principal at IBM Global Services.

Says Ketchum: "Throughout his career, Steve has combined superb leadership and technological skills with strong market and industry knowledge to earn a terrific reputation for working with business clients to identify and respond to priority technology issues.

"Together, these strengths make Steve ideally qualified to lead our technology team on our many important initiatives-including the continued rollout of the new exam technology platform, enhancements to CRD/BrokerCheck and development of Finra's response to the consolidated audit trail (CAT) request for proposal."

Finra on Tuesday issued an RFP seeking a stand-alone contractor to build and manage the consolidated audit trail, which will consist of a data repository that is capable of receiving, consolidating and retaining a record of all transaction relating to each order from receipt or origination through execution and/or cancellation. Potential candidates must submit their bid by 25 April with selection set to take place early next year.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

28 October, 2011
24 August, 2011
13 September, 2010
13 October, 2009
30 November, 2005
15 October, 2001

Related company news


Top topics

Most viewed Most shared
UK sets out open banking API frameworkUK sets out open banking API framework
16011 views comments | 102 tweets | 89 linkedin
Deutsche Bank calls for co-operation with fintech firms on B2B servicesDeutsche Bank calls for co-operation with...
8887 views comments | 29 tweets | 30 linkedin
How to accelerate your fintech startupHow to accelerate your fintech startup
8495 views comments | 35 tweets | 9 linkedin
Is Paym a failure?Is Paym a failure?
7086 views 16 comments | 23 tweets | 16 linkedin
Visa issues API to offer consumer control over card transactionsVisa issues API to offer consumer control...
6493 views comments | 17 tweets | 28 linkedin

Featured job

Competitive Package
New York City, NY. USA

Find your next job