LSEG appoints Chief Data Officer for its Information Services Division
- Tom Dunlap joins the Group as Chief Data Officer for Information Services
- Newly created role will develop and lead global data strategy for rapidly growing business
- Position underscores LSEG’s commitment to quality, integrity and speed of global data services
London Stock Exchange Group (LSEG) today announced that Thomas K. (Tom) Dunlap has joined as Chief Data Officer (CDO) for its Information Services Division, which includes leading global index provider FTSE Russell.
This newly created role will oversee the global acquisition, maintenance, management, governance and distribution of data used within LSEG’s Information Services Division, including FTSE Russell, for its various data services. Tom Dunlap will be responsible for developing and leading the division’s global data strategy; overseeing a global team across multiple sites, including integration of recent and future acquisitions; engaging with key global clients; and working collaboratively across LSEG’s business, operations and technology areas to drive future growth.
Dunlap will be based in the Group’s Fort Mill, South Carolina office and will report jointly to Mark Makepeace, CEO of FTSE Russell and Group Director of the Information Services Division, LSEG and Chris Corrado, Group COO and Group CIO, LSEG.
Mark Makepeace, CEO, FTSE Russell and Group Director, Information Services, LSEG:
“I’m delighted to welcome Tom Dunlap to the Group as the new Chief Data Officer for Information Services. Data is key to our continued future growth as a global information services business. With nearly 30 years of financial services industry experience across a wide range of leadership roles in data management and operations, Tom will further develop and grow our data business in line with increased client demand.”
Chris Corrado – Group COO and Group CIO, LSEG:
“We are focused as a Group on leveraging the power of our data capabilities for the benefit of our clients. I look forward to establishing a close working relationship with Tom and his team as we continue to build our capabilities in this important area.”
Tom Dunlap – Chief Data Officer, Information Services Division, LSEG:
“I am incredibly excited to join such a strong global organisation in an important role to further develop the Information Services data business. I look forward to getting started working with the global team and developing our plan together going forward.”
Tom has nearly 30 years of financial services industry experience across a wide range of data management and operations leadership roles. Most recently, he was a senior consultant and advisor to Raymond James Financial and Lingotek on their enterprise data management and technology product expansion initiatives. Before that, he spent 18 years with Goldman Sachs in a variety of operations and data leadership assignments, most recently as managing director of operations and global head of the firm’s enterprise data strategy.
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Notes to editors
About London Stock Exchange Group:
London Stock Exchange Group (LSEG) is an international markets infrastructure business. Its diversified global business focuses on capital formation, intellectual property and risk and balance sheet management. LSEG operates an open access model, offering choice and partnership to customers across all of its businesses. The Group can trace its history back to 1698.
The Group operates a broad range of international equity, ETF, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS (a European fixed income market); and Turquoise (a pan-European equities MTF). Through its platforms, LSEG offers market participants, unrivalled access to Europe’s capital markets. The Group also plays a vital economic and social role, enabling companies, including SMEs, to access funds for growth and development.
Through FTSE Russell, the Group is a global leader in financial indexing, benchmarking and analytic services with approximately $16 trillion benchmarked to its indexes. The Group also provides customers with an extensive range of data services, research and analytics through The Yield Book, Mergent, SEDOL, UnaVista, XTF and RNS.
Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of LCH, a multi-asset global CCP operator, LSEG owns CC&G, the Italian clearing house and Monte Titoli, a leading European custody and settlement business.
LSEG Technology develops and operates high performance technology solutions, including trading, market surveillance and post trade systems for over 40 organisations and exchanges, including the Group’s own markets.
Headquartered in the United Kingdom, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,500 people.
Further information on London Stock Exchange Group can be found at www.lseg.com. The Group’s ticker symbol is LSE.L
About FTSE Russell:
FTSE Russell is a leading global index provider creating and managing a wide range of indexes, data and analytic solutions to meet client needs across asset classes, style and strategies. Covering 98% of the investable market, FTSE Russell indexes offer a true picture of global markets, combined with the specialist knowledge gained from developing local benchmarks around the world.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $16 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create investment funds, ETFs, structured products and index-based derivatives. FTSE Russell indexes also provide clients with tools for asset allocation, investment strategy analysis and risk management.
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on index innovation and customer partnership applying the highest industry standards and embracing the IOSCO Principles. FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit www.ftserussell.com