BT has appointed a new managing director for trading systems, one of three financial services units within the firm.
Phil Mottram will be based in London and will report to the vice president of BT Global Financial Services, Laurie Bowen. His appointment is effective as of December 1, 2006.
As managing director of trading systems, Mottram will run one of the world’s largest suppliers of financial trading systems, accounting for more than 60,000 traders in over 1,900 trading rooms across 51 countries. His role is to guide the implementation of BT’s vision for the virtual trading organisation, which provides anytime, anywhere trader communications enabling its customers with business continuity, governance/compliance and trading effectiveness.
Mottram has spent the past eight years working across a number of divisions within BT, most recently as vice president, UK & global business market development.
“The financial markets demand more agility from their communications infrastructures and will turn to unified communications and applications to help them provide differentiated services to their clients,” says Bowen.
“The voice trading environment is changing,” adds Mottram. “Market participants want flexible solutions that incorporate multiple technologies including fully converged VoIP, which can be deployed in a manner that fits with current business strategies.”
Mottram takes over from Rod MacDonald, who has been managing director of trading systems since 1996. After 35 years in the industry, MacDonald is retiring from BT at the end of the year.