TORONTO/SYDNEY, June 21, 2012 /CNW/ - TMX Group Inc.'s (TSX:X)
technology business, TMX Technology Solutions, today announced the
appointment of Daju Gu as President, Razor Risk. Mr. Gu will be
responsible for the overall management of all Razor Risk's operations,
as well as overseeing the organization's functional and technological
"Daju has extensive experience in both risk management technology and
consulting," said Richard Simon, Vice President, TMX Technology
Solutions. "He is a great addition to the existing Razor team and will
help bring tremendous value to our existing and future customers as we
strive to address their constantly evolving risk management
Razor Risk, which was acquired by TMX Group in February 2012, is a
leading provider of risk management technology and consulting solutions
to financial institutions worldwide.
"I am extremely excited about the opportunity to lead the growth of
Razor Risk," said Mr. Gu. "I look forward to working with the existing
team to further strengthen Razor Risk's leading market position in risk
Mr. Gu has over 20 years of international consulting experience in
serving financial industries, including banking, capital markets,
insurance and software development. Most recently, he served as Program
Manager for the team that delivered TMX Group's fixed income central
counter party services (Phase I) in February 2012.
About TMX Technology Solutions and Razor Risk
TMX Technology Solutions is the technology division of TSX Inc., a
subsidiary of TMX Group Inc. It provides mission-critical software and
consulting services to virtually every segment of the financial
services industry, as well as provides professional services focusing
on project management, application implementation and customization.
Its technology products include SOLA® for the derivatives markets, TMX
Quantum™ for the equities market and Razor Risk™ for risk management.
Razor Risk is a leading provider of risk management technology and
consulting solutions to financial institutions worldwide. Established
in 1999 and acquired by TMX Group in February 2012, it has offices in
Sydney (headquarters), New York and London. For more information,
please visit www.razor-risk.com.
SOURCE TMX GROUP INC.
For further information:
Manager, Corporate Communications