Itiviti Appoints Former FIS COO Rob Mackay as New CEO

Mackay replaces Toben Munch who left the trading technology provider at the beginning of the year

Trading technology provider Itiviti announced the appointment of a new chief executive officer (CEO) this Monday.

Rob Mackay is going to take up the position at the beginning of April.

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A statement issued by the company indicates that Mackay’s appointment was the result of the board of directors’ efforts.

The company said that board members “carried out a thorough search” for a new CEO before settling with Mackay.

“We are very pleased to welcome Rob Mackay as the new CEO of Itiviti,” said Itiviti Chairman Per Larsson. “Rob has a strong track record in creating value and driving growth in finance and trading industry businesses.”

The incoming CEO joins from Fidelity National Information Services (FIS) – a banking solutions provider.

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Before taking up his new position, Mackay was FIS’ chief operating officer (COO) for cross-asset trading and risk.

From FIS CEO to Itiviti CEO

During his almost two-decade stint at the solutions provider, Mackay also worked as COO for hedge funds and risk and COO of front arena and energy.

“Itiviti is a very impressive company with a strong offering and great, dedicated people,” said Mackay.

“I’m looking forward to be part of the team, contributing to its continued development and delivering the service, solutions and innovation that customers require to support their business and strategic ambitions.”

Mackay’s appointment comes three months after Torben Munch, who had been Itiviti CEO for three years, announced that he would be leaving the firm.

Munch left the technology provider at the beginning of January. The outgoing CEO played a key role in Itiviti’s $650 million acquisition of Ullink.

Since his departure, Richard Bentley, Itiviti’s chief product officer, has been acting as CEO. He will step down and return to his previous role once Mackay takes up his position at the start of next month.

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