Barclays Capital has grabbed Nancy Gloor to fill the position of managing director and global head of fixed-income technology. In addition, Gloor will take on the role of chief information officer of the Americas.
In her new role, Gloor is charged with heading up fixed-income-technology development. Extending the international reach of the investment bank's fixed-income platform is one of her main goals for the coming year, she says.
Gloor says, "Globalization is a big theme for Barclay's Capital. Business is run in a global way, and we want to provide transparency to all of our clients in all of our markets."
Extending established technology systems into multiple markets will be a strategy Gloor plans to employ. "As a relatively small company, we need to be able to leverage what we've done to the hilt," she says, adding that quick deployment is the key to success.
While the resource well is "not a bottomless pit," Gloor notes Barclay's Capital is an expanding company looking to grow organically. The firm's relatively small size and budding market position allows it to be innovative and creative, she contends.
With 17 years of service at Goldman Sachs, she says she was attracted to the youth of Barclay's Capital. "We're not starting from square one but we still have much development to do and technology to develop," Gloor says. "We're not hampered by 20 years of legacy systems, so there are a lot more green fields."