State St departures force restructure

Maurice Heffernan and Brooks Carr left the company earlier this month.

Heffernan headed the SSGM technical team, and helped set up FX Connect and other State Street platforms while Carr was vice-president for product development. FX Week understands neither have moved to new positions as yet.

There will be no direct replacements for Heffernan and Carr, and the product strategy team will instead report directly to Simon Wilson-Taylor, head of global link and Jerry Cristoforo, executive vice

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