CEP platform provider Coral8 has named Colin Clark and Michael DiStefano to lead a new, dedicated financial services group. Clark has joined the company as executive vice president of financial services with responsibility for sales and services, while DiStefano becomes vice president of architecture for financial services.

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StreamBase Systems, a provider of high-performance complex event processing (CEP) software, has hired Terrence Kim as director of product management. Kim previously ran global product management for the ITG Net division of Investment Technology Group. He has also worked at State Street Corp., WestLB AG, and Wellington Management Company, LLP. Before this, Kim worked with an online FIX company, focusing on the development and streamlining of electronic trading workflow. He started his career trading futures and options contracts.

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StreamBase Systems, a provider of high-performance complex event processing (CEP) software, has promoted President and Chief Operating Officer Mark Palmer to the position of Chief Executive Officer. The appointment is effective 1 October, 2008.

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Kx Systems, a high-performance database and timeseries analysis provider, has appointed financial industry veteran, Charles Skelton, as CTO. He will take up the post on November 1, replacing Niall Dalton.

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Real-time middleware specialist Real-Time Innovations (RTI) is opening a Wall Street office as a base for a significantly expanded presence in New York City , as well as allowing key personnel to be located closer to customers using RTI’s ultra low-latency messaging technology in trading applications. It has also made three key hires.

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29West, a low-latency messaging solutions provider, has expanded its New York operations, with new hires Michael Guse, director of software engineering, and Matt Saxe, director of East Coast sales.

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Vhayu has appointed Tim King to the position of director of sales for Europe, Middle East and Africa (EMEA) to support strong company growth in the region. With three European customers acquired in the first half of 2008, the appointment extends the London-based sales and services team and allows Vhayu to respond to increased market demand in the region. The additions to Vhayu’s European client roster include financial institutions in the United Kingdom and Spain and a mortgage provider in Denmark.

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Celoxica, which offers hardware-accelerated market data handlers, has appointed John Oddie to the board as non-executive director and to take on the role of acting chief technology officer. In addition, Jean-Marc Bouhelier, who joined the board as a non-executive director in October 2007 takes on the chairmanship of the company and chief operating officer Antoine Rescourio becomes company secretary.

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Solace Systems, supplier of high-speed, low-latency content networking systems, has appointed Wojo Zielonka as chief financial officer. Zielonka joins Solace most recently from the Hydro Ottawa Group of Companies where he managed day-to-day operations as both CFO and CIO. In his new role Zielonka will be responsible for steering Solace’s financial and operational planning as the company grows.

Solace News Release

Technorati Tags: Solace Systems, low-latency content networking systems, Hydro Ottawa Group of Companies

29West, provider of ultra low latency messaging, has expanded its board of directors to include Virginia Gambale. Currently the managing partner at Azimuth Partners LLC – which she founded in 2003 – Gambale focuses on developing growth strategies and business partnerships and executing successful exits for technology and business service companies.

Technorati Tags: 29West, ultra low-latency messaging, Azimuth Partners

StreamBase Systems, a provider of complex event processing (CEP) software, has appointed former Apama general manager Mark Palmer as president and chief operating officer. Prior to joining StreamBase, Palmer worked for Progress Software, where he led that company’s acquisition of CEP software vendor Apama and then led the Apama business unit as general manager.

StreamBase News Release

Technorati Tags: StreamBase Systems, complex event processing, CEP, Apama, Progress Software

Progress Software has appointed Scott Grayson managing director, global sales for Apama Capital Markets products. Prior to joining Progress Software, Grayson served as managing director and head of North American sales for Algorithmics where he ran the North American sales operations for the risk management software firm.

Progress News Release

Technorati Tags: Progress Software, Apama, complex event processing, Scott Grayson, Algorithmics

StreamBase Systems, a provider of complex event processing (CEP) software, has expanded its sales team with the addition of Mark Bannon as vice president of Americas sales and Paul Grossman as vice president of EMEA sales.

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Tervela, developer of high-performance messaging systems, has named Robert Ciampa as its new vice president of marketing and Stephen Johnson as its chief financial officer. Ciampa was previously vice president of marketing and business strategy for Trusted Network Technologies, while Johnson was formerly CFO for ManageSoft Corporation. Ciampa joins Tervela’s management team to provide strategic worldwide marketing direction to the message switch provider. Johnson is responsible for strategic leadership and financial management for all of Tervela’s corporate-wide financial operations and accounting practices.

Tervela News Release

Technorati Tags: Tervela, high-performance messaging systems, Robert Ciampa, Stephen Johnson, Trusted Network Technologies, ManageSoft Corporation

Kx Systems, provider of high-performance database and time series analysis, has named new roles for several members of its management team. Janet Lustgarten, previously president and COO, has been named the CEO of Kx, while Arthur Whitney takes over as president, having previously served as the CEO of Kx. Simon Garland, previously Kx CTO, is taking on the role of chief strategist. This will allow Garland to focus on the broader technology issues and key industry developments. Niall Dalton takes on the title of CTO, having previously been the chief solutions architect.

Kx News Release

Technorati Tags: Kx Systems, high-performance database, time series analysis, Janet Lustgarten, Arthur Whitney, Simon Garland, Niall Dalton

Sandi Hennessy and Nathan Wolaver have joined Aleri’s sales team as regional sales directors. Hennessy, most recently with Teradata, is located in Los Angeles and will be focused on expanding Aleri’s footprint beyond the financial industry. Wolaver, previously a senior sales executive at Asset Control Systems, will be working out of Aleri’s new New York office and will be responsible for helping to manage and drive sales of the Aleri Streaming Platform within the financial services market in the North East region.

Aleri News Release

Technorati Tags: Aleri, complex event processing, Aleri Streaming Platform, Teradata

SpryWare, provider of standardised low latency market data technology, is expanding its New York presence. SpryWare is already working with several clients in the region, it says, and the New York office will serve as the firm’s base for business development and support for the East coast. The office is designed to service SpryWare’s flagship product, the Market Information Server. On the sales side, SpryWare is bringing on board David Kaszovitz, most recently a member of the senior account sales team at Track Data Corporation.

Technorati Tags: SpryWare, low latency market data technology, Market Information Server, David Kaszovitz, Track Data Corporation

Colin Clark, a 22-year veteran of the financial services industry and the former founding CTO of Kaskad Technology, has joined complex event processing (CEP) provider StreamBase Systems as vice president of customers. Clark takes responsibility for professional services, training and technical support for StreamBase’s customer base. Prior to co-founding Kaskad (Electronic Trading, December 2006), Clark founded Selero in 1999, serving as president and chief executive officer.

StreamBase News Release

Technorati Tags: StreamBase Systems, Kaskad Technology, Selero, complex event processing

29West has appointed Tim Mund to head up its sales efforts worldwide. In this role, Mund will take responsibility for expansion into new regions and for 29West’s key market segments, which include banks and investment firms, hedge funds and exchanges worldwide. Mund will also focus on helping 29West’s banking clients reduce their overall costs by driving the adoption of 29West’s persistence messaging solutions across other areas of the banking enterprise beyond market data. Prior to joining 29West, Mund worked at Verizon and managed projects with Nasdaq and NASD from 2000 until 2006. In mid-2006, Mund made the move to Solace Systems where he focused on developing new client relationships in the financial markets on the US East Coast.

29West News Release

Technorati Tags: 29West, Tim Mund, Verizon, Nasdaq, Solace Systems

Event processing specialist Skyler Technology has opened a UK office in London and has tapped their VP of Business Development, Valerie Bannert-Thurner, to head it. Bannert-Thurner assumes the position of Managing Director of Skyler Technology Europe, Ltd.

Technorati Tags: skyler technology, skyler, valerie bannert-thurner