Knourek Replaces Yencken As Interim TFT Head

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LONDON--Simon Yencken was ousted as chief operating officer of Tibco Finance Technology (TFT) and as head of the financial enterprise systems (FES) group of Reuters Trading Systems (RTS). A further re-organization is imminent and sources say that Reuters may dissolve and absorb TFT.

Yencken has been replaced by TFT veteran Rob Knourek who will serve as an interim senior representative, say industry sources. Most recently, Knourek has been senior vice president of engineering and development and

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