What Happened?
Jersey City, NJ-based Direct Edge has appointed Saro Jahani as Chief Information Officer.
About the Company
Direct Edge is a Jersey City, NJ based stock exchange operating two separate platforms, EDGA Exchange and EDGX Exchange. Direct Edge trades all listed U.S. equities.
About the Person
Saro Jahani will manage the entire spectrum of IT efforts at trueEX, including development and QA. He joins trueEX from Direct Edge, where as CIO he was responsible for driving technological innovation, reinforcing the systemic integrity of IT and implementing the firm’s latency and stability roadmap. Jahani joined Direct Edge as Chief Information Officer in April 2011. He is responsible for driving technological innovation and reinforcing the systemic integrity of the firm’s information technology. Mr. Jahani implemented the Direct Edge Latency and Stability Roadmap which leverages an Information Technology Infrastructure Library (ITIL). He also established the Extended Architectural Committee, bringing together the expertise of Hewlett Packard, Microsoft, Informatica/29 West, Intel and Cisco to develop effective software solutions that meet the risk tolerance specifications of an exchange. In 2012, Mr. Jahani was named to the Institutional Investor Trading Technology 30 in consideration for his career accomplishments and technological innovation. Prior to Direct Edge, Mr. Jahani served as Chief Information Officer at the National Stock Exchange; Global Head of Infrastructure, Operations and Facilities at Townsend Analytics; Executive Vice President of IT Operations at SunGard; and held various IT positions at CAP Gemini, Swedish Telecom, and Crosfield Electronics. He holds a Master`s of Science degree in Electrical Engineering from the University of Uppsala (Sweden).
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