Senior executive from Barclays Capital joins big xyt

Senior executive from Barclays Capital joins big xyt

Mark Montgomery strengthens Strategy & Business Development

London, Frankfurt, Paris, 24th April 2018.  big xyt, the independent provider of high-volume, smart data and analytics capabilities, is delighted to announce the arrival of Mark Montgomery in a key role supporting Strategy and Business Development. In this newly created role, Mark will focus on ensuring alignment of the business strategy with client needs and expanding the big xyt presence in London. Mark will extend the Executive team and will work closely with Robin Mess, CEO.

Having previously worked at Barclays Capital as Director of Electronic Trading Sales and Alliance Bernstein where he was responsible for establishing a European portfolio and electronic trading desk, Mark brings significant experience of the trading community’s challenges and expertise in delivering solutions.

Mark commented, “Having seen the market evolve over a number of years I’m very pleased to join big xyt, a young entrepreneurial company, at this key time when there is real demand and value in data and analytics as a service” He continued, “At big xyt, I am surrounded by industry specialists and forward thinkers, as well as expert technologists who have created best-in-class solutions to support members of the financial community who want a flexible window onto the evolving landscape without the need to commit proprietary resources”.

Changes in regulation and market structure have resulted in increasing data dependencies and the need for industry participants to adapt to the fragmenting market. Correspondingly big xyt has secured a number of market leading clients from the ranks of exchanges, market makers, sell-side firms and buy-side firms, who are using their specialist analytics products including: Liquidity Cockpit, Data as a Service and Analytics as a Service. As a result of this success, big xyt is accelerating its growth with the addition of Mark.

Robin Mess, CEO, big xyt said, “We are excited to be adding such a talent to our team. Bringing a seasoned executive such as Mark into the organisation is an important part of our strategic plans for 2018.” He continued, “The London market is core to our European strategy and Marks entrepreneurial skills and approach are a perfect match to our firm”.

Mark added “I look forward to supporting big xyt business acceleration by leveraging existing and new products and capabilities to a global network of decision makers within the trading community”.

big xyt provides data and analytics solutions as a service, enabling firms from the global trading and investment community to process and normalise large data sets on demand and in real time. This critical functionality enables them to comply with regulatory requirements and reduce complexity within their own operations.

Media contacts

Melanie Budden, The Realization Group
Email: melanie.budden@therealizationgroup.com
Tel: +44 (0) 7974 937 970

About big xyt

big xyt provides independent smart data and analytics solutions to the global trading and investment community, enabling firms to process and normalise large data sets on demand and in real time, in order to comply with regulatory requirements and reduce the complexity of their operations.

The seamless and highly scalable integration of big xyt data aggregation and consolidation capabilities allows buyside and sellside firms to transform into a data-driven business while the innovative analytics capabilities enable them to gain actionable insights, discover alpha and maintain a competitive advantage.

Connecting quickly and easily to our cloud-based platform via APIs, trading firms, ISVs and trading venues can use their own business logic and data sets on our platform to leverage analytics for their business, including liquidity measures such as market share or depth of order book, as well as analytics around market impact. New logic can be incorporated in as little as 24 hours.

big xyt has created an ecosystem for tick data analytics covering more than 120 trading venues globally. Its technology normalizes trade conditions of all venues allowing consistent aggregations of trading volumes. big xyt’s analytics solutions are relevant for a broad range of use cases including strategy development, back testing and regulatory changes like MiFID II. The platform offers a convenient and interactive user interface that allows users to discover relevant information quickly. Delivered as a web service, the big xyt solution requires no technical integration.

big xyt was founded by a team of experts combining more than five decades of experience in risk management, regulatory and financial reporting, analytics solutions arising from regulatory requirements, e.g. MiFID II, and engineering for data management and analytics. The team of seven founders has been working together since 2005 and in 2014 they formally formed big xyt to continue and expand this work.

For more information visit www.big-xyt.com or follow us on Twitter @bigxyt