Futures and options software vendor Rolfe & Nolan has appointed John Hamer as its new chairman.
Hamer is also chairman of royalblue, a front office trading software vendor for the US, European and Asian equity markets, where he has worked since 1983.
He became chief executive in 1991 and was instrumental in royalblue's flotation in 1997. During his tenure revenues have risen from £2m to £60m.
Rolfe & Nolan was bought by HgCapital-backed management vehicle Maia Holdings in March. Bob Freeman, chief executive at the firm says with the MBO achieved, Rolfe & Nolan is positioning itself to move forward.
"In product terms we are also moving into the next generation, with the launch and further development of Merlin, our modular processing solution and its expansion into asset classes beyond futures and options," adds Freeman.