John Burchenal Joins Traiana as Global Head of Business Development. Traiana invests to accommodate the growing demand and opportunities for alliance partnerships.

29 March 2011

New York/London, 29 March 2011 – Traiana, the leading provider of post-trade solutions, announced today that John Burchenal has joined the company as Global Head of Business Development. In this role, Burchenal will be responsible for expanding Traiana’s footprint and scope of partnerships globally. He will build on the more than 50 partnerships Traiana has already established with leading retail aggregators, execution platforms, electronic communication networks (ECNs), clearinghouses and independent software vendors (ISVs). With one connection into the Harmony network, Traiana provides connectivity between partners and their buy- and sell- side counterparties to reduce cost, complexity and operational risk. Reporting to Jill Sigelbaum, Executive Vice President, Global Sales and Alliances, Burchenal will be based in New York.

John Burchenal served most recently as Managing Director of Strategic Growth at Omgeo, where he was responsible for growth initiatives and partnerships. Prior to Omgeo he served as Director of Straight-Through-Processing Services at TradeWeb, where he oversaw several global product lines and managed post-trade partnerships with third party financial software providers. Burchenal has also held management positions at Citibank, DLJ and Lehman Brothers.

Gil Mandelzis, CEO, Traiana, said: “We continue to invest heavily in our already established alliance effort. We’re excited to strengthen our team with a professional of the caliber of John, a leading, respected business development professional in the financial markets. John’s experience and expertise will help Traiana take its partnership program to greater scale and scope, ensuring that our sell-side and buy-side partners, as well as our alliance partners are well positioned to capitalize on the tremendous opportunities that lie ahead.”

John Burchenal, Global Head of Business Development, commented: “I’m delighted to join Traiana during this exciting phase of growth. For years Traiana has demonstrated its thought leadership, innovation and ability to execute, resulting in dramatic growth, a great reputation and strong industry relationships. The company has built a strong business in foreign exchange, and it is now making significant inroads into the exchange traded derivatives, cash equities and CFD equity swaps market. I look forward to the opportunity to work with our partners, existing and new.”

About Traiana Inc.
Traiana Inc. (www.traiana.com) provides global banks, broker/dealers, buy-side firms and e-trading platforms with solutions to automate post-trade processing of financial transactions. Traiana's post-trade solutions and the Harmony Network are used by over 500 of the world's leading financial market participants and have become the market standard for post-trade processing of foreign exchange, exchange traded derivatives, cash equities, and CFD equity swap transactions. Traiana, an ICAP company, is headquartered in New York City with offices in London, Chicago, Tel Aviv and Tokyo.

Media Contacts:
Candice Adam, Argentus PR
Tel + 44 (0)20 7153 4910
candice.adam@argentuspr.com



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