Progress targets FS sector
(29 August 2007 – Australia) Progress Software, which provides algorithmic trading software and fraud detection services to the Australian financial sector, has beefed up its sales team to tap the Australian and Asia Pacific market.
Richard Massey has been appointed senior sales executive responsible for developing relationships and initiating sales to financial organisations throughout Australia.
He has more than 20 years experience in trading and broking in international financial markets in the UK, USA, Asia, Australia and New Zealand. Massey has spent the last seven years selling IT&T products to the banking and finance sector in Asia Pacific region, and was most recently with IT&e and Sungard Systems.
John Docherty has been appointed senior presales consultant. He has previously worked at ANZ, National Australia Bank, Fosters Brewing, Telstra and BHP.
Progress Software country manager for Australia and New Zealand, Jeremy Goddard, said algorithmic trading was giving financial services companies an edge in the market in asset classes from equities, futures and options to cross asset class trading and foreign exchange.
He said the time was right for the company to set up a dedicated team to focus on this specialised area.
He has more than 20 years experience in trading and broking in international financial markets in the UK, USA, Asia, Australia and New Zealand. Massey has spent the last seven years selling IT&T products to the banking and finance sector in Asia Pacific region, and was most recently with IT&e and Sungard Systems.
John Docherty has been appointed senior presales consultant. He has previously worked at ANZ, National Australia Bank, Fosters Brewing, Telstra and BHP.
Progress Software country manager for Australia and New Zealand, Jeremy Goddard, said algorithmic trading was giving financial services companies an edge in the market in asset classes from equities, futures and options to cross asset class trading and foreign exchange.
He said the time was right for the company to set up a dedicated team to focus on this specialised area.
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