Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced that Joachim Lauterbach has been appointed as president and global head of its Managed Solutions business and Chairman of the Executive Board of Interactive Data Managed Solutions (IDMS) AG.
In his role Mr. Lauterbach will have global responsibility for Interactive Data's Managed Solutions business, which develops, operates and hosts customised financial portals, mobile solutions as well as desktop terminals designed for retail and private banks, investment companies, online brokers, exchanges and media portals. IDMS has over 1,500 clients globally.
Prior to joining Interactive Data, Mr. Lauterbach spent three years with the consulting firm CSC as a Managing Director and Senior Managing Partner, initially managing their financial services consulting business in Central and Eastern Europe, and then their consulting business across all industries in the region.
From 2007-2010, Mr. Lauterbach held the position of Chief Customer Officer at financial solution provider VWD, where he was responsible for sales, service and marketing. Prior to his time at VWD, Joachim spent 15 years at Reuters, Capco, and Thomson Financial.
"It's an exciting time for our Firm," says Jay Nadler, Chief Operating Officer, Interactive Data. "The markets in which IDMS operates are growing, as is our client base. Joachim's successful track record and over 20 years of experience in the market data and consulting industries means that he is ideally positioned to help our clients to leverage our evolving product line of web portals, mobile applications and terminals in ways that solve key challenges for their firms."
"I was attracted to the role at Interactive Data because IDMS is ideally positioned to help financial institutions globally to address critical business, technology and regulatory challenges" Mr Lauterbach said. "I am very happy to have the opportunity to provide leadership to serve our clients as the partner of choice and to accelerate the innovation and growth that will be happening at IDMS over the next several years."