Pershing Hires Managed Account Executive

Pershing LLC, a Jersey City unit of Bank of New York Mellon Corp., said Thursday that it had hired Steve Dunlap to be a managing director and chief operating officer of its managed account solutions division.

Mr. Dunlap is to be responsible for the division's operations and technology. He was president of Finetre Corp., a software solutions unit of Atlanta's Ebix Inc. Previously, he was an executive vice president at Thomson Financial Inc.

Pershing's managed account solutions unit offers products and services to broker-dealer firms, investment professionals, and independent registered investment advisers.

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