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Wall Street Systems names Joseph De Feo non executive director

21 May 2007  |  1895 views  |  0 Source: Wall Street Systems

Wall Street Systems, the leading provider of global treasury, trading and settlement solutions and services, today announced that Joseph De Feo has joined its board as a non-executive director.

As a seasoned executive and luminary in the financial services industry with more than 36 years experience in both international banking and banking operations, De Feo brings invaluable knowledge to Wall Street Systems.

De Feo's most recent full time position was as board director, president and CEO of CLS Bank International, the first global settlement system, owned and supported by the world's largest financial institutions. He achieved global recognition in this role due to the bank's unprecedented success in a short period of time.

Previously, De Feo was a consultant with the Mitchell Madison Group and has held non-executive directorships on four boards, including one for a public sector organisation and two technology start-ups. Before this he was president and CEO of The Open Group, which influenced the open source movement.

De Feo originally started working in the financial services industry in information technology and operations roles. He held several senior positions at Barclays Group, including director of operations and technology, chairman of the group information technology executive committee and the group operations executive committee and was a member of the group risk policy committee.

"My career path has enabled me to gain extensive experience, contacts and skills in all aspects of financial services," said De Feo. "I am confident I can play an important and insightful role at Wall Street Systems. I'm particularly excited about the company's strategic direction to focus on its core competencies which strengthens its position as the clear market leader in the solutions they provide."

De Feo holds an MBA in banking, finance and economics, and a Masters degree in international banking and finance.

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