People Moves: DTCC, Adaptive, Northern Trust, SmartStream, Broadridge and more

A look at September’s people moves within the capital markets technology and data space.

Clack joins Adaptive Financial Consulting as chief product officer

Trading technology provider Adaptive Financial Consulting has hired Dave Clack to be the firm’s chief product officer, a newly created strategic role. Clack will drive further innovation of Aeron, Adaptive’s cloud-native messaging infrastructure for capital markets and work to minimize the ROI timespan for financial firms deploying its front-office trading architectures into the cloud.

Clack will play a role in driving growth

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Firms step up non-compete use to protect tech, data IP

US states are increasingly banning or limiting the use of non-compete contracts, but financial firms are using them more frequently to safeguard proprietary tech and data assets—including the knowledge of the individuals who work on them.

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