California-based Iverson Financial Systems has established a London operation, to be headed by Amy Mihalakis, as part of its European expansion. The company is also reporting two new senior hires in its New York office.
The London office will provide market data services to financial institutions throughout Europe. Paul Goodfellow, vice president of sales for Iverson, says: "The Iverson databases and our Global Index Monitor product have attracted so much interest from the institutional investment community that it warranted expanding our team."
European business will be handled by Mihalakis and her team. She has previously worked at Knight-Ridder Financial, Sydney Futures Exchange and Standard & Poors.
In New York, John Grandinetti and Eric Brandt have been appointed senior sales executives. Grandinetti joins the company from Wilco Systems where he was responsible for establishing a new business unit selling outsourced services. He has also worked for Hyperfeed Technologies, Bridge Information Systems and Reuters America.
Brandt has previously worked for AFX News Ltd, FT Electronic Publishing and Rescom Ventures, Thomson Securities Information Services and Knight-Ridder Financial Americas.