CEO and company founder John Byrne of Information Mosaic, the post-trade software company, is to move to a new role of non-executive vice chairman and will step down as CEO.

Information Mosaic is the world’s most trusted post-trade software company. As an international team of industry experts Information Mosaicwe architects and delivers intelligent post-trade software applications to the capital markets globally. Information Mosaic had a proven history transforming business models for the world’s premier financial institutions, enabling them to enter new markets, reduce risk, increase profitability and improve service standards.

Here in Luxembourg, Clearstream IT Services runs Information Mosaic’s ASP service to deliver post-trade automation solutions to customers through an outsourced processing center.

“With this offering, customers can have complete confidence in the service levels, scalability and security surrounding the hosting and delivery of the company’s award winning applications, explains Information Mosaic. We utilise our own hosting facilities and industry-recognised hosting partners, as well as ISO17799-aligned security procedures and ITIL / ISO20000-aligned service delivery processes, to support the entire implementation life cycle. Security compliance is fully addressed and managed on an ongoing basis. Confidentiality, integrity, availability and accountability are assured through resilient architectures; industry-recognised monitoring and incident handling systems, strict physical and logical controls and a 24x7x365 command center.”

“Information Mosaic’s ASP operations are hosted within Clearstream’s Outsourced Computing Center, located in Luxembourg. Managed through a formal service level agreement, Clearstream is responsible for physical security at the data center and back-up site located in a second facility in Luxembourg. Clearstream also provides firewalls in the managed infrastructure and valuable advice pertaining to security.”

 John Byrne for a Vice Chair Role

Current chairman Ulrich Kunz will take on the role of interim CEO and be supported by the executive management team of Philip Hogan chief revenue officer, Rene Keller chief operating officer and Anina Janacek chief financial officer.

Byrne founded the company in Dublin some 16 years ago and has grown Information Mosaic to become a global leader in post-trade corporate actions and analytics. Information Mosaic handles more than half of the world’s corporate actions by volume, and serves the needs of many of the leading players in the investment management industry.

John Byrne commented, “Information Mosaic is poised for further global success and is ready for the next phase of its journey and the new management team will propel it further. After 16 years of driving and hands-on leadership I am looking forward to taking on this new role, focused on board level strategy.”

All changes are effective immediately.