Mr. Bob Greifeld reports
NASDAQ OMX TO COMBINE MARKET TECHNOLOGY AND CORPORATE
The Nasdaq Stock Market Inc.'s Nasdaq OMX Group Inc.
will combine its market
technology and corporate solutions businesses. The combination will
enable increased focus and drive growth across the company's technology
businesses, create a dedicated software and technology management
structure and advance Nasdaq OMX's market position by leveraging global
distribution and scaling its products and services. The new business
unit will be led by Anna Ewing, executive vice-president, global
technology solutions, Nasdaq OMX.
Global technology solutions includes market technology and corporate
solutions. The market technology business provides technology and
advisory services to over 70 marketplaces, clearing organizations and
central securities depositories in over 50 countries as well as risk
management and surveillance solutions to financial services firms.
Corporate solutions provides public and private companies with a
portfolio of products and services that deliver critical market
intelligence and communications solutions which help identify, target
and communicate with stakeholders.
Nasdaq OMX intends to treat the combined market technology and
corporate solutions businesses as a separate reporting segment
effective Jan. 1, 2013.
In addition, the company announced the appointment of Bradley Peterson
to global chief information officer, effective Feb. 6, 2013. Mr.
Peterson will report to Ms. Ewing. Mr. Peterson will continue to drive
the design and development of scalable and reliable solutions to
further the growth and expansion of Nasdaq OMX's core products and
services and the underlying tools and technologies used by Nasdaq OMX
"As an industry technology leader, our state-of-the-art systems and
software deliver innovative solutions and world-class technology to a
globally diverse client base," said Bob Greifeld, president and chief executive officer,
Nasdaq OMX. "With the proposed acquisition of Thomson Reuters's IR, PR
and multimedia businesses and in combination with our market technology
and corporate solutions business, we have achieved unprecedented scale
in technology services. We intend to continue to build this leading
franchise into one of the top technology organizations in the world and
this reorganization reflects our focus and commitment to this exciting
and growing segment of our business."
"Brad brings a vast amount of technology experience and leadership to
Nasdaq OMX," said Ms. Ewing. "He will lead a global team responsible
for enhancing our technology products and services by helping to create
innovative new business opportunities, extend our technology platforms
and drive efficiencies. His priority will be to enable a better
experience for our customers, partners and employees."
Mr. Peterson was most recently chief information officer for Charles
Schwab where he and his team developed and launched Schwab's mobile
brokerage and banking applications, modernized all client channels and
established centres of excellence to attract and retain leading
Prior to joining Charles Schwab, Mr. Peterson served as chief
information officer for eBay and chief technology officer for Epoch
Partners where he established the information management and delivery
team, championed the strategic use of analytics at eBay and PayPal, led
acquisition integrations and built and managed institutional trading
platforms. Mr. Peterson also previously served in multiple technology
leadership roles at Pacific Telesis and AT&T Communications.
Nasdaq OMX delivers trading, exchange technology and public company
services across six continents, with approximately 3,400 listed
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