|By PR Newswire||
|October 18, 2012 08:30 AM EDT||
NEW YORK, Oct. 18, 2012 /PRNewswire/ -- Kinetix Trading Solutions Inc, a technology solutions provider to capital markets firms, announced today that it has hired Tim Mund as its Global Head of Sales and Marketing. The Princeton, NJ based firm is expanding with focused efforts on revenue growth and branding in order to keep up with customer demand, especially in the area of Dodd-Frank Act compliance for investment banks and hedge funds.
Mund joins the firm with nearly twenty years of technology sales and marketing experience, the last decade of which has been focused on the financial industry. His prior work at Recognia, 29West (now part of Informatica), Solace Systems and MCI/Verizon have produced strong revenue growth and long lasting relationships that he now brings to Kinetix.
"I'm excited to join Kinetix at a time of significant growth for the company. With the new Wall Street regulations, such as the Dodd-Frank Act and Volker Rule, now being implemented, time is of the essence for our clients. We will help financial firms navigate the complex and changing regulatory environment with a combination of our product components and custom software solutions. I'm looking forward to joining this team of industry veterans."
Kinetix CEO and co-founder, Amit Karande, affirmed the need to add sales and marketing leadership. "We have experienced a period of demand for our products, the Trade Manager and Opera, for the front and middle office. Tim, with his unique mix of financial services and start-up success, will build our sales team at a critical time for Kinetix. He will also bring our new predictive analytics based product, Pandora, to the market. We welcome Tim to the team."
Kinetix Trading Solutions Inc (www.kinetixtt.com) provides technology services for brokers/dealers, hedge funds, investment management firms and service providers. A specialist in the Fixed Income Cash and OTC business, Kinetix's component-based platform and bespoke solutions provide Cross Product Trade Capture and Processing, OTC Clearing, Risk Aggregation and Straight through Processing to leading ISVs and CCPs. Kinetix's roaster of clients includes CME Group and Millennium Management LLC, the New York based hedge fund manager.
SOURCE Kinetix Trading Solutions Inc