Arora to Grow MMS' Operations

ORGANIZATION AND STRATEGY

MMS International, the third-party FX and fixed income analysis provider that Standard & Poor's sold one month ago, is to grow its head count by 20 percent, says Mickey Arora, president and chief executive of MMS.

"MMS is very lean, almost too lean, and we are looking to expand in all areas--analysts, IT, support--by 20 percent from the current global head count of around 160," Arora says.

Market speculation had suggested that falling revenues and a shrinking client base could result in layof