HUMAN FACTORS

HUMAN FACTORS

MERRILL LYNCH NAMES MCKINLEY NEW CTO

Merrill Lynch

has appointed John McKinley, from GE Capital Corporation, the largest business unit of General Electric, its first chief technology officer (CTO). McKinley, who also holds the title of senior vice president, will serve on Merrill Lynch's executive management committee. He begins his new post today.

In his new position, McKinley will manage a technology support organization of 5,000 employees. The group supports the business activities of Merrill

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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