People Moves: SSGA, GLMX, AcadiaSoft, CAIS, DriveWealth

A look at some of the key "people moves" from the week of Sept. 9 to Sept. 13.

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DriveWealth Brings New Talent To Executive Team

DriveWealth Technologies has made two hires to its executive team: Ryan Burke as chief information officer and Andrew Levine as the company’s first chief integration officer. Levine will be responsible for client onboarding and managing relationships with existing clients, while Burke will aim to grow the brokerage and wealth management business by evolving its IT strategy.

Burke joins DriveWealth from Stash Invest, a digital financial services

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

Why recent failures are a catalyst for DLT’s success

Deutsche Bank’s Mathew Kathayanat and Jie Yi Lee argue that DLT's high-profile failures don't mean the technology is dead. Now that the hype has died down, the path is cleared for more measured decisions about DLT’s applications.

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