Front in new sales drive

Stockholm-based trading and risk management technology provider Front Capital Systems, an operating unit of SunGard Trading Systems, has made two key sales appointments to support the company’s global expansion. Front has recruited Stephen Butcher to head its global operations and promoted Gavin Style as global sales director.

Butcher will head up Front’s sales, customer service, partnerships and knowledge management functions in Stockholm, London, New York, Frankfurt, Zurich and Johannesburg. He will join Front from Cognotec UK, the foreign exchange and money-market trading software provider, where he was responsible for the operational restructuring of the group.

Butcher previously held a number of senior positions with SunGard, most recently as managing director for SunGard Treasury Systems, Europe.

Style, previously UK sales manager at Front, will now manage and drive the global sales force - a 30-strong team across the regional locations. The team will predominately target the interest rate, credit and equity markets with the Front Arena product – a straight-through-processing system that handles sales, trading and risk management. He will report directly to Butcher.