ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced Mayur Kapani has been promoted to Chief Technology Officer (CTO) for the company.

As CTO, Kapani oversees ICE’s global technology infrastructure, which includes ICE futures exchanges and clearing houses, and will provide guidance for technology at the New York Stock Exchange and Interactive Data. He reports to Chuck Vice, ICE President and Chief Operating Officer. Kapani joined ICE in 2006, serving most recently as Senior Vice President of Trading Technology.

“During the past decade, Mayur has played a key role in helping ensure our technology infrastructure is scalable, secure and among the most reliable in the financial industry,” said Jeffrey C. Sprecher, Chairman and CEO of ICE. “As we’ve grown from a single market to a leading operator of exchanges, clearing houses and data services for customers around the world, Mayur’s expertise in technology and understanding of the financial markets remains instrumental in achieving our growth objectives.”

Kapani joined ICE from the Philadelphia Stock Exchange, where he was Vice President of options development, focused on the transition of trading from a floor-based model to a high performance electronic platform. Since joining ICE, he has headed the teams responsible for many of the company’s most critical systems, including all ICE futures and options exchanges, ICE Trade Vault trade repository, ICE Benchmark Administration and SuperDerivatives. He leads technology diligence on ICE’s acquisitions, and was recognized by Institutional Investor in the 2016 Trading Technology 40, an industry ranking of the leading technology executives in the financial markets.

He holds a Bachelors of Technology degree from the Indian Institute of Technology Kharagpur and also completed the Wharton Management Program.

About Intercontinental Exchange

Intercontinental Exchange (NYSE:ICE) operates the leading network of global futures and equity exchanges and provides world class clearing, data and listing services across many markets. The New York Stock Exchange is the world leader in capital raising and equities trading.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange, Interactive Data and Trayport. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2015, as filed with the SEC on February 4, 2016.

SOURCE: Intercontinental Exchange

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Source: Intercontinental Exchange