“I join Jerry Putnam and all our colleagues at NYSE Group in wishing Marianne well in her new role and thanking her for her great work at SIAC,” said John A. Thain, CEO, NYSE Group. “Marianne’s efforts contributed to ensuring that the Exchange is the world’s most reliable financial marketplace and able to provide our customers with the highest levels of service and quality.”
“Marianne has led SIAC with great professionalism and skill, and under her watch SIAC has become a more efficient and customer focused organization,” Mr. Putnam said. “On behalf of the SIAC Board of Directors and the entire SIAC team, I want to thank Marianne for her outstanding contributions and wish her great success in her future endeavors.”
“I am grateful to have had the opportunity to lead SIAC for the past 18 months, and especially thankful to have been able to work with so many outstanding people,” said Ms. Brown, who joined SIAC as CEO in February 2005. “I have been presented with a new opportunity that, for many reasons, I could by not pass-by. I look forward to the challenges ahead, and depart with great satisfaction for having been part of the SIAC family and for all that we have accomplished.”
SIAC, which is a wholly owned subsidiary of the NYSE and the American Stock Exchange, is responsible for the design, development, implementation and operation of the exchanges' computer systems and communications networks. SIAC serves the financial industry as the company that designed, built and operates the Secure Financial Transaction Infrastructure (SFTI) network, a data communications infrastructure that is more resistant to man-made and natural disasters, while speeding recovery after a crisis. SIAC also disseminates
About Marianne Brown
Prior to joining SIAC in February 2005, Ms. Brown was with ADP Brokerage Services Group, a division of Automatic Data Processing, for 26-years. At ADP Brokerage Services Division, Ms. Brown held various positions of increasing responsibility, which have encompassed the fields of sales, product development and both technology operations and development. In March 1997, she was promoted to Senior Vice President of Service Delivery, with responsibility for ADP's service initiatives that resulted in consistent client service satisfaction increases. Ms. Brown also led numerous large-scale client conversions as well as ADP's successful Y2K effort. In September 2000, she assumed responsibility for the Product Development Organization. In that capacity, Ms. Brown led the development of several key client implementations and new product initiatives. In 2002, she was named General Manager of ADP's Brokerage Processing Services (BPS) group, where she had direct responsibility for all BPS Operations, Product Development, Sales and Service Delivery. Ms. Brown is a native of
About SIAC
The Securities Industry Automation Corporation, known throughout the financial world as SIAC, is the technology nerve center of Wall Street. SIAC was founded in 1972 as a subsidiary of the NYSE Group and the American Stock Exchange (AMEX). SIAC runs the computer systems and communications networks that power the two exchanges and disseminate
SIAC is responsible for providing the highest quality, most reliable and cost-effective systems to support the current and future business needs of the NYSE Group and AMEX. Our work spans all aspects of technology - from research & development, to software development, programming, communications, operations and facilities management.
SIAC plans, develops, implements and manages a variety of automated information-handling and communications systems. These systems support order processing, trading, market data reporting, trade comparison and surveillance. We apply cutting-edge Internet, wireless, virtual reality and other technologies to our customers needs while ensuring the quality and reliability they have come to expect.
For over 30 years, SIAC has addressed the technology needs of the securities industry, always providing the highest levels of quality and reliability. SIAC ensured a flawless transition to Y2K, consistently met capacity challenges when faced with record trading and processing volumes, and has taken responsibility for our clients' seamless conversion to decimal pricing.
Sector, Inc., a SIAC subsidiary, markets technological expertise and facilities to clients in the financial services and other industries. Sector offers a wide range of high value communications, networking and managed services, which include outsourcing, facilities management, e-solutions, enterprise services, network and data distribution services (for further information, see Sector's Web site at www.sectorinc.com
