Broadridge Hires Frank Troise for Capital Markets
Broadridge Financial Solutions appointed Frank Troise as President of Global Capital Markets. Troise will be responsible for leading the company's capital markets transformation across both traditional and digital ecosystems. The move signals Broadridge's focus on innovating its front-to-back office solutions for the financial industry.
- Frank Troise previously served as the CEO and board member of Pico Quantitative Trading and, before that, as the CEO, President, and board member of Investment Technology Group (ITG). - His extensive experience in the financial industry also includes senior leadership roles at J.P. Morgan, where he led the global Execution Services business, as well as positions at Barclays and Lehman Brothers. - Troise originally joined Broadridge in 2024 as the Head of Trading and Connectivity Solutions, where he was instrumental in expanding the company's front-office offerings in execution management and algorithmic trading. - This leadership change comes after Broadridge's acquisition of Itiviti for $2.5 billion in 2021, a move that significantly expanded its trading and connectivity capabilities. - Broadridge's capital markets division supports daily average trading of over $15 trillion in securities by connecting more than 2,200 firms and over 200 trading venues globally. - The company's strategic focus for its capital markets segment includes driving innovation in trading, simplifying global post-trade technology, and developing new solutions using AI and blockchain. - Troise's appointment is timed as the industry sees a convergence of trading, financing, data, and post-trade services across both traditional and digital platforms. - He holds a B.S. in electrical engineering from Boston University, an M.S. in operations research from Columbia University, and an M.B.A. from MIT's Sloan School of Management.
