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Aite Group Expands Institutional Securities & Investments Coverage

Two new hires enhance Aite Group's capital markets coverage and initiate in-depth coverage of the European markets.

Boston, MA, January 6, 2010 – Aite Group LLC announces two new hires within its Institutional Securities & Investments practice: Fritz McCormick and Simmy Grewal join as senior analysts, enhancing Aite Group's coverage of the capital markets.

Fritz McCormick joins Aite Group with a focus on information management, data provider offerings and post-trade operations across asset classes. Prior to joining Aite Group, Mr. McCormick served as director of new initiatives at Omgeo LLC. Mr. McCormick holds a B.A. from Boston College and is a member of the Enterprise Data Management Council.

The addition of Simmy Grewal marks a milestone for Aite Group. The firm's first European-based analyst, Ms. Grewal represents Aite Group's commitment to enhancing coverage of the European markets. Based in London, she will focus on European market structure and offer broad coverage of the Continent's complex exchange space. Having previously worked with Morgan Stanley in London, serving on the Emerging Market Cash Trading, Midcap Cash Trading, Single Name Options Trading and Sales, and Marketing for Electronic Trading teams, she brings broad capital markets experience to her coverage area. Ms. Grewal holds a degree in Biomedical Engineering from the Imperial College, London.

"Aite Group is very excited to expand our Institutional Securities & Investments practice to better serve our growing list of clients worldwide," says Aite Group managing director Sang Lee. "While many firms have been forced to downsize, Aite Group has continued its growth over the past 12 months by launching new coverage areas, broadening its existing coverage and starting its European operations."

For more information, please contact:
Aite Group Sales
Tel: +1.617.338.6050
sales@aitegroup.com

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