Charles Marchesani has been appointed senior vice president of product development at the ADP Brokerage Services Group, the transaction services division of the computing services firm Automatic Data Processing.

Based in New York, Marchesani will be responsible for application development and product management for the company's core back-office transaction processing solution. He will focus on areas such as web-based product deployment, workflow product development and other initiatives to support straight-through processing, the end-to-end automation of the trading process.