SunGard Securities Processing names Craig Schachter VP, sales

SunGard Securities Processing names Craig Schachter VP, sales

SunGard Securities Processing has hired Craig Schachter as vice president of sales, based in New York.

Schachter will be responsible for driving sales of the the vendor's Phase3, STN Settlements and Margin Advisor securities processing, clearance and settlement systems.

Prior to joining SunGard Schachter was head of global sales and account management at corporate actions data and software provider Xcitek for over ten years.

He served on the board of the Securities Industry Association's (SIA) corporate actions division from 1996 to 2004 and was an active member in the SIA's securities operations, dividend and data management divisions.

Schachter has also been a member of the International Securities Association for Institutional Trade Communication (ISITC-IOA) and the Cashier's Association of Wall Street since 1997.

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