New York, Nov. 12, 2018 (GLOBE NEWSWIRE) -- Dash Financial Technologies, the industry’s leading capital markets technology and execution provider, today announced the addition of James Doherty as Managing Director, Head of Equity Product, the latest demonstration of the firm’s deepening commitment to performance and innovation in the highly-demanded equity vertical.
Mr. Doherty joins Dash following a nearly twenty-year tenure at Credit Suisse, where he co-founded the Advanced Execution Services (AES) electronic trading platform and managed the day-to-day product development of its algorithmic equities trading business. Prior to joining the AES group, he worked in the firm’s Equities Proprietary Trading, Fixed Income, and IT divisions. Most recently, Mr. Doherty was Managing Partner of a machine learning-driven investment firm he co-founded.
Dash Financial Technologies CEO Peter Maragos said: “The buy side is working every day to implement new technologies that help optimize workflow, improve execution performance and derive new analytics to drive alpha, and that fits the Dash model perfectly. With MIFID II as the catalyst for the general unbundling of services, we have seen a huge upsurge in entities looking for new and innovative cash equities solutions being offered by firms outside their existing providers. This demand has resulted in us providing a host of interesting solutions to improve workflow, execution performance and analytics at a variety of institutions. We are delighted to welcome James to the team, as he is the right person to help us push innovation and continue the advancement of our award-winning suite of products and services.”
Mr. Doherty said: “I’ve been fortunate enough to work at the intersection of technology and the capital markets for more than twenty years. During that time, the buy-side clients I’ve encountered have always known their businesses best, and today the technology finally exists to allow them to craft the precise solutions they need to meet their unique requirements. Dash has been one of the genuine innovators in this field since launching eight years ago, and I couldn’t be more excited to join the team and help the firm continue to grow.”
About Dash Financial Technologies
Launched in 2011, Dash Financial Technologies is the industry’s leading capital markets technology and execution provider. Dash’s philosophy is simple: with technology, clients should be empowered to craft, analyze and refine bespoke solutions calibrated to their precise performance goals. Using the award-winning Dash360 platform, clients receive full routing and cost transparency and a comprehensive suite of tools to visualize all aspects of their orders in real time. With this emphasis on technology, Dash has become the industry’s leading provider of wholly customizable and transparent trading solutions, routing approximately 14% of the daily OCC volume and an additional 25% touching its workflow and compliance tools. For more information go to www.dashfinancial.com.
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