LatentZero Strengthens Its Execution Management Services With New Appointment
New York, Toronto, London, 1st November 2005 - LatentZero, the leading provider of front-office technology to the buy-side, has appointed Mark Montgomery as Global Business Development Director. He will be responsible for furthering the company's relationships with broker/dealers, execution destinations and crossing networks, and will work closely with the senior management team to strengthen the position of LatentZero's Minerva as the leading OMS in the market. Montgomery will also continue to look at strategic options in the electronic execution space, as well as focus on broadening the execution choices and decision support tools available to buy-side trading clients.
Montgomery brings extensive experience in electronic sales trading to LatentZero. Immediately prior to joining LatentZero, he was a managing director of Investment Technology Group (ITG), a broker specialising in electronic trading. Montgomery set up ITG's sales trading function in 1998, when the company first established its presence in London. Before ITG, he ran the sales trading desk at Hoenig.
"LatentZero is already one of the leading players in its field, and has fantastic growth potential, thanks to its innovative culture and its ongoing focus on working with clients to meet their precise needs," commented Montgomery. "I'm looking forward to playing a part in continuing its achievements, particularly in the field of order and execution management, where pioneering new functionality for Minerva should really excite the buy-side."
Richard Jones, CEO, LatentZero, adds: "The trading environment is constantly changing. We ensure that we have the best people on board so that we can continue to keep our clients one step ahead. Mark's experience and unique blend of skills are a valuable addition to our company and will help position LatentZero as a leader in electronic trading services for the buy-side. We are delighted that he is joining our team."
LatentZero is a global technology firm that specializes in developing complete front-office solutions for the buy-side community. LatentZero's suite of products, known collectively as Capstone, is used by six of the world's top 10 asset management organizations. More than 3,500 portfolio mangers, traders and compliance officers worldwide rely on Capstone to manage assets in excess of $7.5 trillion. For additional information, please visit www.latentzero.com
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