MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

Oppenheimer Funds

has hired George Batejan as executive vice president and chief information officer. His responsibilities will include upgrades to the shareholder service system and portfolio management systems. Batejan had been at American International, where he was head of systems and operations for the foreign general insurance business. Oppenheimer Funds, which has $91 billion in assets under management, was formerly a subsidiary of Oppenheimer & Co., a broker-dealer which was acquired by

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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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