Will Clemens joined Zephyr Associates as CEO, a new position, said Brandi Meeks, spokeswoman for the performance and financial analytical software firm.
Russell Reynolds Associates, an executive recruiting firm, assisted in the search.
Cecil Carney, board chairman, had been acting CEO.
Mr. Clemens was vice president and general manager of the Straight Through Processing unit of Advent Software, a provider of software and services to the investment management industry. He left the firm in October.
Separately, Zephyr this month unveiled Zephyr OnDEMAND, a web-based performance analysis platform that features a compliance overlay, Ms. Meeks said.