Ms Hardy will begin at Fisd on January 8, 2007 and will be based in the Washington, DC office.

"Paula brings a wealth of financial industry experience to Fisd and her appointment was strongly supported by the Fisd membership. Her ability to work with members, industry and SIIA staff will enable Fisd to move forward aggressively in a number of areas." said Tom Davin, Fisd Vice President and Managing Director. "As its membership has grown in recent years, so has Fisd's agenda and event schedule. Bringing Paula on board will help us better support our members' working group activities and improve our ability to provide them high-quality conferences and meetings."

"This is an exciting time to be joining Fisd as it helps its members tackle a number of important issues." said Hardy. "As a member of Fisd, I recognized the important forum that Fisd provided for our industry and I am eager to get to work and increase the value of that forum for members."

Hardy comes to Fisd after 13 years at Lehman Brothers, where she was most recently Vice President for Contracts and Vendor Management. In that role, she managed relationships with a variety of exchanges, data vendors, and other technology providers. While at Lehman Brothers, she served on the Fisd Executive Committee for over 10 years.