National Stock Exchange(SM), Inc. (NSX(R)) today announced that Saro Jahani has been appointed Senior Vice President of Information Technology.
Mr. Jahani is responsible for the operation of the Exchange's IT production systems and related functions. He joined NSX on November 1, 2007, following a 20-year professional career in IT.
"Saro's depth of technology experience within the securities industry will be extremely valuable to NSX as we move forward in the execution of our business plan," said Joseph S. Rizzello, Chief Executive Officer of NSX. "We welcome the expertise he brings to the table and look forward to his contributions to our future growth."
Immediately prior to joining NSX, Mr. Jahani was Global Head of Infrastructure, Operations and Facilities at Townsend Analytics, a leading provider of market data and direct access trading software and a subsidiary of Lehman Brothers. In this position, he was responsible for the strategic and global operation of data center facilities, data center operations and operational quality of a high volume and distributed production environment.
Before that, Mr. Jahani served as Executive Vice President of IT Operations at SunGard. There he was responsible for Information Systems/Information Technology and production operation, including the continuous development and planning of SunGard's production network, network security, telecommunication and office automation, ASP and data centers. Prior to that, he served as CIO at SunGard in Sweden.
His work experience also includes IT positions at CAP Gemini, Swedish Telecom and Crosfield Electronics.
In 2006, NSX implemented a new business plan, which culminated in the last quarter of the year with the launch of a new state-of-the-art technology platform. The platform was built from the ground up to meet the speed, price and service needs in a post-Regulation NMS environment and to accommodate the broadest range of users, including ECNs, algorithmic traders and agency brokers.
NSX is the cost-effective provider of exchange services, committed to aligning its interests with those of its customers. Founded in 1885, NSX has been a driving force for change in the world of securities exchanges and continues to lead the way in exchange innovation.