Former Buyside CIO Itri Joins Sky Road

Richard Itri has joined Sky Road, a trading and risk solutions provider, as Principal where he will lead the firm's newly opened Manhattan office.

Richard Itri has joined Sky Road, a trading and risk solutions provider, as Principal where he will lead the firm’s newly opened Manhattan office.

Itri brings more than 15 years of IT executive experience from the capital market space to Sky Road. He previously served as chief information officer (CIO) at Arbalet Capital Management and Arrowhawk Capital Group. In these roles, he led strategic and operational IT planning across the various aspects of the alternative investment businesses along with managing day-to-day support of the funds trading, risk and operational infrastructures. Prior to his CIO tenures, Itri served in technology management positions at Pequot Capital Management, HSBCs Alternative Funds Services group and AIG.

I am excited to join Sky Road and lead the New York office at this important juncture for the company, said Itri in a press statement.With the opening of the New York City office, our ability to service this important market will continue to expand.

SkyRoad’s new New York office will focus on both domestic and international clients. Along with Itri’s hire the firm’s headcount has grown by 32 percent with new hires to populate the NYC office.

Sky Roads expansion to New York is key to our long-term growth strategy. … Richard will serve as an excellent leader given his stellar reputation in the financial services IT industry and his deep domain expertise in hedge fund technology will be a valuable asset to the firm, said Dr. John E. Borse, founder and president of Skyroad, in a press statement.

Itri will report directly to Borse, who is based in Chicago.

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