SunGard appoints Tim Demarest chief product officer of Brass

Source: SunGard

SunGard today announced that it has appointed Tim Demarest as chief product officer of its BRASS solution suite for equities trading.

In his new role, Mr. Demarest will lead the development and strategy of the BRASS solution suite, which includes a trade order management system; a set of direct market access tools; solutions for automated indications of interest and advertised trades; trade matching; and compliance analysis and reporting.

Mr. Demarest joins SunGard from Perseid Technologies, LLC, where he held the position of chief executive officer. Previously, Mr. Demarest held positions with Knight Securities.

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