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Merrin Financial Founder Resigns, Takes Part-Time Consulting Role At ADP

ORDER MANAGEMENT & ROUTING

NEW YORK--Seth Merrin, the founder of trade-order management software pioneer Merrin Financial, resigned at the end of March as the company's chairman. The move came barely two months after his role was reduced when the company's corporate parent, Automatic Data Processing, named Thomas Conley as its president and chief executive officer (ITT, February 6). It also occurred just weeks after the company dismissed the bulk of the staff in its London office (ITT, April 3).

While Merrin no longer has

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