The personnel fall out from Morgan Stanley's take-over of risk management vendor Barra continues with the news that Daniel Cashion has been appointed president of financial technology firm Axioma.
Cashion previously served eight years as vice president at Barra. Prior to this he worked in the securities business for SBC Warburg and Chase Manhattan in Chicago.
In his new role, Cashion will be based at Axioma's New York office.
Morgan Stanley acquired Barra in April this year.