Forefront Communications

Markets Media: Trading Technology Q&A with Frank Troise, Pico

Alexandra Hamer

Alexandra Hamer

On Tuesday, Pico said it appointed Frank Troise, former ITG CEO, to its board. Markets Media spoke with Troise to learn more about his new role and what opportunities he sees for the trading technology firm.

Why Pico?

I’ve known Pico for quite some time. I’ve been a client of Pico. I know the management team. They are top-notch. Pico provides tremendous value in the industry. It’s an entity that I want to put my time, effort and energy into. Pico’s value proposition is becoming even more important.

Pico aligns very well with my experience in delivering client value in financial technology, in complex global product offerings that have a lot of moving parts and require a lot of focus.  It’s about paying attention to the details to ensure that clients receive high quality outcomes along the way.

Pico CEO Jarrod Yuster said the goal is to lead market share of the $50 billion financial technology services market. How far away is Pico from leading in market share and how will it get there?

Pico is a leader in outsourced global infrastructure. The acquisition of Corvil, which delivers infrastructure performance analytics, is another leading capability and it is a signal and a message of what Pico is all about: being best-in-class in delivering high-end infrastructure technology capabilities across the capital structure and globally.

What will be your duties as director?

As a board member I primarily provide governance and guidance to the executive team. I see my role as working with a top-notch executive team, helping guide them through continuous innovation, and partnering with them as they look to grow and expand their capabilities.

Where is the growth in Pico’s business?

There are tremendous opportunities in continuing to advance capabilities as the industry evolves and to expand the geographic scope of the business. There are also opportunities from the recent acquisition of Corvil.

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