Iris Financial, a provider of advanced trading and risk-management applications to investment banks, appointed Michele McGovern as chief executive officer and a member of its board of directors, effective immediately.

McGovern most recently founded and served as managing partner at Ferous, a business acceleration firm that provides sales, business development, marketing and public relations services to chief executives and investors of emerging and growth financial services technology companies.

Prior to that, McGovern was president and CEO of Argenesis, a financial services technology company and subsidiary of publicly traded TenFold Corporation. Under her leadership, Argenesis built a client base of over 70 securities firms and launched new technology solutions in securities lending, wealth management, institutional billing and a buy-to sell-side trade order management application and portal.