SunGard Capital Markets has appointed Hagay Shefi as its new managing director for North and South America.

Shefi replaces Douglas Bergeron, who was made president of SunGard Capital Markets' sister company, SunGard Futures Systems (Derivatives Engineering & Technology, October 16, 1995).

Separately, Shefi has been appointed to the regulatory and risk management committee of the International Swaps and Derivatives Association (ISDA).

C*ATS Software has promoted John Mountford to managing

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