• Slice of Finance
  • Posts
  • Wedbush Securities Expands IT Department with Mark Stephens as VP of Technology Operations

Wedbush Securities Expands IT Department with Mark Stephens as VP of Technology Operations

Author

Slice of Finance Team
25 Sep

Key Highlights:

  • Mark Stephens appointed as Vice President of Technology Operations

  • Strategic hire to enhance system stability and client support

  • Stephens previously served as CIO at Sterling Trading Tech

  • Wedbush continues to grow its multi-asset clearing business

Notable Quote:

❝

"As Wedbush's multi-asset clearing business grows, it is critical that we continue to invest in technology and staff that enhances our system infrastructure and client experience. Mark has a wealth of experience in technical operations and will be a valuable addition to the team. His expertise will help us achieve our goal of delivering high availability, robust functionality, and superior client support."

Rodrigo Parrode, Executive Vice President and Chief Operating Officer at Wedbush Securities

Our Take:

Wedbush Securities’ decision to appoint Mark Stephens as Vice President of Technology Operations is a strategic move that highlights the firm’s commitment to bolstering its technical infrastructure. With Stephens’ extensive background, notably his experience as CIO at Sterling Trading Tech, the firm is well-positioned to maintain the scalability, stability, and efficiency required as its multi-asset clearing business grows. This hire aligns with Wedbush's focus on innovation and operational excellence, ensuring that clients continue to receive high-quality service through robust and automated solutions.