LONDON (PRWEB) MAY 21, 2018
Inforalgo, the leading provider of data connectivity and harmonisation technology to the Capital Markets industry, announced today the appointment of two new members to its Board of Directors to support the company’s rapid growth.
Spencer Lake, formerly Vice Chairman of HSBC Global Banking and Markets, joins as Chairman of the Board, and Mark Hepsworth, currently CEO of Asset Control, joins as Non-Executive Director to the Board.
Inforalgo is a trusted partner to leading global financial institutions and provides Straight-Through Processing (STP) and managed data connectivity solutions to optimise trading efficiency and harmonise data sets. Its technology connects Electronic Communication Networks (ECNs), Asset Managers, Execution Management Systems (EMSs) and regulatory reporting services to help clients streamline the entire trade workflow across different trading platforms and asset classes.
“We are delighted to welcome Spencer and Mark to the Board during this exciting period of growth for the company,” said Jordan Ambrose, CEO of Inforalgo. “They bring an unparalleled wealth of global banking experience and strategic vision to the business, and their appointments are a ringing endorsement for Inforalgo and its technology.”
Lake commented: “I am extremely pleased to be joining Inforalgo, which I believe has the potential to transform the capital markets industry by helping clients achieve lower operational costs, compliance with new regulatory obligations and improved transparency; all without the need to build and maintain an expensive internal IT infrastructure.”
Hepsworth commented: “I am delighted to be joining Inforalgo’s Board. The company has tremendous potential to help clients further automate workflow and reduce operating costs and I look forward to working with the company’s talented team to build a world-class business.”
Lake is currently a Board member of nCino, Vice Chairman and Board Director of Fenergo, Growth Advisory Board Member of Callsign, Advisor to the CEO of ECO Capacity Exchange (formerly Recipco Capacity Exchange), and Senior Advisor to the International Capital Market Association (ICMA). He was previously with HSBC where he served as Vice Chairman of Global Banking and Markets, Group General Manager, and Global Head of Capital Financing. Prior to HSBC, Lake served in senior roles within Merrill Lynch in New York, Hong Kong, and London with responsibility for real estate finance, investment banking, and debt capital markets.
Hepsworth is currently CEO of Asset Control and was previously with Interactive Data Corporation, where he served as President of Europe, Middle East, and Africa (EMEA), as well as previously leading Interactive Data’s Pricing & Reference Data business and Real Time Services business. Prior to Interactive Data, Hepsworth served as Managing Director, EMEA, of Standard & Poor’s Real Time Data division.
Founded in 1990, Inforalgo is a trusted partner to leading institutions in Capital Markets and Investment Banking by providing STP and outsourced data management solutions to optimise data flow efficiency for multiple pre and post-trade use cases. The company is an expert financial systems integrator with than 80 global institutions relying on its technology daily to facilitate the optimal flow of their pre and post-trade data. Please visit http://inforalgo.com for more information.
Simon Dutta, Marketing Director, Inforalgo Information Technology Ltd