HilltopSecurities appoints David Rhodes 02 May 2018Dallas Reporter: Maddie Saghir
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HilltopSecurities (HTS) has named David Rhodes as its new CIO.
Previously, Rhodes held roles as senior vice president, director of application development, and most recently information technology (IT) managing director for HTS.
In his new role, Rhodes will direct the firm’s IT efforts including end user support, systems administration, and IT security.
He will report to HTS chief administrative officer John Muschalek.
Rhodes will replace previous CIO, Jeff Hammill, who will continue to work on special projects for HTS until his retirement at the end of this year.
Commenting on his new role, Rhodes said: “Information technology in financial services is an ongoing challenge. Fintech, robo advisors, e-trading and blockchain are continuing to disrupt the traditional broker-dealer business model, spurring a great need for firms to innovate while overcoming legacy infrastructure.”
Rhodes added: “These are challenges that all firms face and HTS is no different. I look forward to advancing the firm’s technological capabilities and integrating innovative systems that streamline operations, meet regulatory guidelines and create a positive experience for our clients.”
Chairman and CEO Hill Feinberg, HTS, said: “Broker-dealers need IT leaders who can address the needs of clients accustomed to a service-now culture, while sustaining a modern, secure infrastructure that can attract and retain talent.”
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