EquiLend has appointed Ken DeGiglio to the newly created role of chief information officer, effective immediately. He is based in New York and joins EquiLend’s executive team.

As CIO, DeGiglio is responsible for aligning EquiLend’s technology vision with business strategy and integrating company processes with the appropriate technologies. He is also responsible for all aspects of developing and implementing technology initiatives within the organization. He will manage a senior team of IT professionals and work closely with product owners and other internal stakeholders.

DeGiglio joins EquiLend from TD Ameritrade, where most recently he was managing director and head of Application Development. He has also worked for Morgan Stanley, Robertson Stephens and J.P. Morgan and was a founder of Renaissance Trading Technologies in a career in financial technology spanning nearly 30 years.

Brian Lamb, CEO of EquiLend, says: “Ken’s robust technical knowledge and experience in financial systems made him a clear choice to serve as EquiLend’s chief information officer. He will be a great asset to EquiLend and to our client base as we continue to bring innovative new technologies to the securities finance market.”

DeGiglio says: “EquiLend is highly regarded throughout the finance industry as a leader in securities finance technology. I am excited to be joining the firm at such a pivotal time for EquiLend, in the midst of the global adoption of NGT, the reengineering of its post-trade services, the ongoing development of its preeminent market data service and its expansion into the total-return swaps market.”

DeGiglio has a bachelor’s degree with high honors in computer science, systems planning and management from the Stevens Institute of Technology.