Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the appointment of Frank Troise as President of Broadridge Trading & Connectivity Solutions and Vice Chairman of Broadridge Capital Markets. His appointment is effective April 29, 2024.
Mr. Troise succeeds Ray Tierney, who will serve in an advisory capacity, following a successful three-year tenure.
Troise will spearhead the Trading & Connectivity business through the next chapter of its mission to simplify and optimize trading as a leader in multi-asset, multi-workflow trading, and connectivity solutions for firms across the global markets. His appointment comes on the heels of recent Broadridge milestones, including the launch of its Futures and Options platform.
“We are thrilled to welcome Frank, whose appointment symbolizes the latest step in our journey as a Capital Markets business and underscores our commitment to delivering leading-edge solutions that help to optimize trading for global banks, broker-dealers, and independent trading firms,” said Vijay Mayadas, President of Capital Markets at Broadridge.
“We thank Ray for his years of leadership and help successfully integrating the Itiviti acquisition and continued focus on delivering simplification and driving innovation across the trade lifecycle, with global, multi-asset class, modular solutions that equip our clients with the agility to grow.”
Troise brings over 35 years of trading and technology experience to Broadridge. Most recently he served as Co-Chief Executive Officer and Board Member at Pico Quantitative Trading, where he played a pivotal role in setting the vision and strategic themes to accelerate growth and achieve scale.
He has held key positions including Chief Executive, President, and Board Member at Investment Technology Group (ITG), served as a global leader of J.P. Morgan’s Execution Services, has held senior sales and trading roles at Barclays and Lehman Brothers, and management consulting positions with Booz Allen and Andersen Consulting (now Accenture).
