Itiviti, a trading technology and service provider, has unveiled its latest executive appointment. The move will see an emphasis on Itiviti’s Asian operations, culminating in the addition of Frederic Villain as Head of Agency Trading Sales Asia.
His mandate as the Head of Agency Trading Sales Asia will be to help steer and ultimately grow Itiviti’s regional market share while ensuring customer satisfaction.
The move is tendered with immediate effect, with Mr. Villain being based out of Itiviti’s Singapore office, per a company report. In this capacity, he will be responsible for managing regional client relations, defining and executing Itiviti’s regional sales and account management strategies.
According to Ofir Gefen, President APAC, Itiviti, in a statement on the appointment: “We’re thrilled to have Fred back on our team. His experience, solid systems knowledge and strong business acumen with a keen sense for what really matters to customers will be great assets as we are raising our targets for Asia, and specifically for our initiative to support former Bloomberg SSEOMS clients when migrating their platforms.”
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The appointment of Mr. Villain also reflects Itiviti’s desire to focus on Bloomberg’s Order Management System SSEOMS, namely its migration capacity. Prior to joining Itiviti, he worked at Bloomberg, overseeing its SSEOMS for the Asia-Pacific region.
During his tenure, he also worked in sales, implementation and account management, all with an emphasis on the APAC region, which should be an asset in his new role at Itiviti.
A fifteen career also included a strong background in fintech, as well as a string of roles in such segments as marketing, sales, implementations and account management for global financial software vendors. He has also held roles previously at Ullink and FIS/Sungard.
“I’m truly proud to become part of Itiviti and contribute to our further growth as a full-service trading technology and infrastructure provider to Asian financial institutions,” reiterated Mr. Villain.
“I’m sure that our Asia customers will be just as glad to see Fred at Itiviti as we are about him joining our team. Fred will be instrumental for our continued success in the Asian markets and for executing our overall strategy in the sell-side OMS space. Bloomberg’s departure from this market has left clients looking for credible, long-term options and through this recruitment and more to follow, Itiviti is positioned as the default migration path for SSEOMS users,” explained recently added CEO of Itiviti, Rob Mackay.