Source: Rosenblatt Securities
Rosenblatt Securities is pleased to announce that it has hired Raman Kannan, Ph.D., as its new Chief Technology Officer.
He will manage a team of six full-time employees and a number of consultants. Raman joins Rosenblatt from Five Mile Capital Partners, a $1.5 billion alternative asset manager based in Stamford, Connecticut, where he was a director and led projects that included managing the design and deployment of a FIX platform using proprietary Service Oriented Architecture (SOA) and a real-time trade feed to the fund administrator. Prior to that he was the manager of technology research at GovPX before it was acquired by ICAP and prior to that he was a member of the graduate faculty at Monmouth University in the Software Engineering Department. In addition, Raman's experience includes launching his own consulting group, which specialized in FIX trading platforms and messaging systems, as well as executing technology projects at Citigroup, HSBC and ICAP. Raman has a Masters Degree in Physics from the University of Roorkee in India, a Masters Degree in Computer Science and a Ph.D. in Physics from West Virginia University and an MBA from Columbia Business School.
Kannan will report to Joe Gawronski, President and COO of Rosenblatt Securities. "Our firm has always embraced technology to add value for our customers and deliver innovative solutions to the marketplace, including being the very first firm to develop a DMA solution for the buy-side back in the late '80s," stated Gawronski. "But today's fast pace of regulatory and market structure changes, including Regulation National Market System, the New York Stock Exchange Hybrid Marekt and the seemingly never-ending announcements of new trading venues, have made technological initiatives an ever-more important focus of the firm. Raman's Wall Street experience, intellectual firepower and entrepreneurial bent, evidenced by his early adoption of service-oriented architecture, make him a perfect fit for us and the direction in which the industry continues to head."
Scott Burrill, a managing director and partner at Rosenblatt, added, "Adding new leadership to direct our technology efforts, and beefing up our technology staff with hires of Raman's caliber, lets us continue to deliver on the firm's strategic initiatives and opportunities, by identifying and implementing distinctive, cutting-edge electronic solutions for our sophisticated clientele. In addition, this added depth will strengthen our ability to work on several ongoing joint ventures in which automation and market structure intersect, and also accelerate our ability to push out to our customers the suite of transaction cost analysis tools we have deployed internally, as well as work on several custom, value-added projects for our clients."