SunGard Trading and Risk adds Stanning, Strickland and Reddy to senior team

SunGard Trading and Risk adds Stanning, Strickland and Reddy to senior team

SunGard Trading and Risk Systems has appointed Bill Stenning as chief operating officer, trading, Gary Strickland as chief financial officer of its Bancware business unit and Michael Reddy to the newly created position of managing director of financial services for its Enform unit.

Stenning was previously chief operating officer at SwapsWire, a consortium of 23 banks that provides an automated electronic confirmation and reconciliation network for the OTC interest rate and credit derivatives markets.

Prior to this, Stenning worked on both the sell-side at Chase Manhattan Bank and also on the buy-side at Cargill Financial Markets.

Strickland was most recently vice president of finance and administration for AP Engines, a venture backed telecommunications software company. At SunGard, he will report to Terence Faherty, president of the BancWare operating unit.

Reddy has over 16 years of financial sector experience through various roles as senior executive at Internet consultancy and integrator Rare Medium, systems integrator EDS and Merrill Lynch.

In his new role, Reddy reports to Doug Wendler, president of SunGard Enform.

SunGard has also promoted Crystal Chenoweth to the position of director of software development. In her new role, Chenoweth will focus on quality assurance and supervise the development groups for BancWare's asset/liability management software, as well as its data management and profitability measurement development groups.

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