Pico Quantitative Trading, a provider of technology infrastructure for financial service firms, has hired as its chief information officer Paul Cassell, president of PC IT Consulting, and a former CIO of NYSE Euronext. He starts July 20, reporting to CEO Jarrod Yuster.

Cassell will oversee all aspects of Pico's technology, including network and systems engineering, data centre operations, disaster recovery and business continuity planning and technology policies.