Calyon Financial, the corporate brokerage arm of Credit Agricole, has appointed Steve Auerbach, former president of SunGard Futures Systems, to the newly created role of global head of projects.
Calyon says Auerbach will work with its worldwide electronic trading, front office, IT and support teams to provide leadership and direction on customer solutions offered by the company.
Commenting on the appointment, Richard Ferina, chairman and CEO, Calyon Financial, says:"Steve's experience managing a leading technology company, along with his tremendous knowledge of futures and options operations and strategy, will be an asset to us."
Earlier this year, Calyon Financial hired Leslie Sutphen as head of e-brokerage strategy/implementation.
Sutphen was previously president of Financial Markets Consulting and directed marketing of clearing and risk analysis systems for the institutional financial futures department of Prudential Securities.