BondDesk Announces New Heads of Technology and Relationship Management and Appoints New COO

MILL VALLEY, Calif., Jan. 12, 2011 /PRNewswire/ -- BondDesk Group LLC, a leading fixed income technology firm and one of the nation's largest odd-lot fixed income trading venues is pleased to announce the following appointments and additions to the leadership team:

• Tal Elyashiv joins as Head of Technology and Professional Services
• Laura Lynn Morrissey joins as Head of Relationship Management
• Greg Stockett, currently Chief Financial Officer, will assume the added role of Chief Operations Officer.

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"I'm very excited to announce these changes to our leadership team," said BondDesk CEO Peter Crosbie.  These additions to our senior management team will allow us to take a fresh look at how we are doing business, implement new and better ways to enhance our clients' overall experience, and help them meet the challenges they face in the marketplace.  With the expected deployment of our market-leading Advisor Workstation to an additional 20,000 desktops in 2011, leveraging the experience of these individuals from their tenure at large, world-class financial services firms sets the stage for continued quality improvements and growth.

Tal has more than fifteen years of experience as a senior technology and business executive in the financial services industry. He has led large scale, complex, mission critical operations in multiple industries in the United States, Europe, and the Far East. Tal has a proven track record creating enterprise systems that are flexible, modular, robust, and scalable, as well as customer-focused world class technology services organizations. He has worked with a variety of Fortune 50 financial firms, including Bank of America and Capital One Financial Corp. Most recently he was the Head of Technology and New Business Lines at 888, one of the world's premier online gaming companies. Tal will oversee all technology and professional services related activities at BondDesk.

"I am excited to join BondDesk's leadership team and contribute to enhancing its position as the market leader" commented Tal Elyashiv.  "Based on the firm's new product innovations, execution focus, and customer-oriented service level enhancements, I am convinced that BondDesk will maximize its growth potential over the next couple of years to the benefit of its current and prospective clients."

Laura Lynn has more than twenty years of experience in financial services, including fifteen with National Financial Services where she led relationship management, client integration, product deployment, and product support teams. Most recently she was Senior Vice President Regional Manager for relationship management teams located in San Francisco and Boston.  In this role she built and led a nationwide relationship management and client service organization focused on growing and servicing startup and emerging broker-dealers and advisors as well as large, complex client relationships. Laura Lynn began her career working in institutional and high-net worth retail client brokerage operations at First Boston Corporation. She gained additional experience working in the global bond trading group at Scudder Stevens and Clark, Inc. where she oversaw a bond pricing and data management group.

"I am delighted to be joining BondDesk's leadership team at this exciting time," commented Laura Lynn Morrissey.  "As the pioneer and leading provider in this market, BondDesk has a terrific suite of existing products, a great pipeline of new products, and a broad market footprint. It is a great time to join a firm on the upswing as it leverages its market position and product advantages."

Greg joined BondDesk in early 2008 as CFO. In his new expanded role, he will oversee all business operations, with particular focus on project management and execution. Greg has been a member of the firm's Operating Committee since joining and brings more than twenty years of experience in both capital markets and technology with past experience at firms such as Barra, GlobeOp Financial Services, and Goldensource.

For more information about BondDesk please contact Carol Graumann at 973-732-3521 or [email protected]

About BondDesk

BondDesk Group LLC is a leading financial technology firm, providing enterprise-wide fixed income solutions to many of the top broker-dealers in North America. The BondDesk Alternative Trading System (ATS), run by BondDesk Trading LLC, connects broker-dealers through a centralized marketplace by offering a diverse pool of liquidity for odd-lot fixed income securities in multiple asset classes. The BondDesk ATS executes over 20,000 transactions per day by providing 2,000 broker-dealers access to 35,000 live and executable offerings from over 100 premier fixed income dealers. In addition, BondDesk Group is a leading provider of innovative fixed income wealth management solutions, advisor workstations and fixed income analytical tools and applications.

To learn more about BondDesk, visit www.bonddeskgroup.com.

SOURCE BondDesk Group LLC