IHS Markit Adds Tom Cunningham as COO of its thinkFolio Segment

IHS Markit has announced its newest appointment, installing Tom Cunningham as the Chief Operating Officer (COO) for its thinkFolio product. He will be tasked with leading thinkFolio’s product management, services, support and managed service offering, following a lengthy career spanning over two decades.

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thinkFolio is Markit’s cross-asset-class order management (OMS) and portfolio modelling system (PMS). The investment management platform is one of the group’s key segments, which supports a variety of cash management and FX, fixed income modeling, and loans functionality. Representing one of Markit's key buyside offerings, the hire helps reinforce a fast growing segment for the group.

In his new role as the COO of thinkFolio, Mr. Cunningham will be reporting to Spiros Giannaros, Global Head of thinkFolio and Enterprise Data Management (EDM) at IHS Markit. He steps into his role with immediate effect and will be based out of the group’s London office. Together with Mr. Giannaros, Cunningham will focus on the unit’s product management, services, and support, which represents a natural Bridge Bridge The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat Read this Term from other Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term cloud-based managed service.

Mr. Giannaros commented: “I’m delighted to welcome Tom to the growing thinkFolio team. Tom joins us at an exciting time when we are expanding our presence across regions and investing heavily in the next generation architecture of thinkFolio, as well as adding the solution to our managed service offering.”

Cunningham is no stranger to the technology industry, having held several senior level roles for the past twenty-five years. He joins Markit’s thinkFolio from Jupiter Asset Management, having worked as its Chief Technology Officer (CTO) for over three years – his tenure saw him oversee the management of the group’s IT and operations.

He has held several additional roles at technology providers, including Threadneedle Asset Management as its Head of Front Office Technology and others dating back to 1990, according to information made public on his Linkedin profile.

The appointment represents IHS Markit’s latest appointment since its tranche of hires back in June 2017. Randy Hebert, Stuart Crooks, and Steven Singh all joined the group earlier this year as part of IHS Markit’s push to grow its FX business.