
Wedbush Securities Expands IT Department with Mark Stephens as VP of Technology Operations
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
Source: Business Wire
Quotes
“ "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.