Source: Trading Technologies
Trading Technologies International, Inc. (TT) announced today that Bill Herder will join TT as VP, Managing Director TTNET.
In this newly created position, Herder will be responsible for managing all aspects of TTNET, TT's ASP offering. Herder, who most recently served as Business Development Director with Rolfe & Nolan Systems Inc., will report to Russ Rausch, EVP Global Support & CIO.
TTNET is TT's full-service ASP offering for Futures Commission Merchants (FCMs), trading firms, banks and other institutions that prefer an outsourced solution. TT technicians are responsible for network administration, hardware configuration, infrastructure maintenance, data line management, upgrades, backups, security and user support from mirrored network data centers in Chicago, New Jersey, Frankfurt and London. Fast, highly resilient and fully redundant connections to the world's top futures exchanges optimize uptime and allow TTNET customers to quickly deploy trading screens in virtually any country.
"Bill is a well respected industry veteran with extensive knowledge and experience in ASP offerings and electronic order routing. He will play an integral role in TTNET’s mission to provide the preeminent high performance global trading network that includes our expansion into Asia and the ability to deliver top tier automated trading solutions," said Rausch.
Prior to his most recent position with Rolfe & Nolan, Herder also worked with patsystems LLC, SunGard Futures Systems and BNP Securities (USA) Inc. He received a B.S. from University of Central Florida and an M.B.A. from University of Rochester.