New York, Jan. 21, 2016 (GLOBE NEWSWIRE) —
AlphaPoint today announced that industry veteran Scott Scalf has joined its executive team. Scalf, former Director of Trade Lifecycle Systems at Deutsche Bank Global Technology, joins the company as Executive Vice President of Development Operations.
“The financial sector is undergoing a profound technological shift as firms and institutions embrace the blockchain and related technologies. More than ever, it’s important that veteran leadership helps drive innovation in the space,” said Joe Ventura, Founder of AlphaPoint. “With more than 25 years of engineering and management experience, Scott has a deep understanding not only of existing market infrastructure, but of our firm’s vision of what will come next, and he will be key to AlphaPoint’s continued growth.”
Mr. Scalf brings a wealth of experience engineering and managing both front- and back-office systems for both buy-side and sell-side firms: OMS/EMS, algorithmic execution, real-time position and risk, dynamic trading surveillance, post-trade processing, clearing & settlement, and regulatory reporting. Scott’s previous roles include Head of Enterprise Technology and Head of Institutional Brokerage Technology at Susquehanna International Group, Director of Trade Lifecycle Systems at Deutsche Bank, and CTO and founder of S3 Consulting.
Scott’s teams have successfully designed and delivered systems for multiple Wall Street institutions, including Merrill Lynch, Charles Schwab, Deutsche Bank, SIG, and others. Throughout his career, Scott has focused on high-performance, high-throughput distributed systems; he holds two patents for proprietary asymmetric middleware optimized for massively concurrent web applications.
“World-class FinTech requires both a deep understanding of the domain and outstanding engineering capabilities – and AlphaPoint has both,” said Scott Scalf. “I am thrilled to be involved at this innovative stage to help the AlphaPoint team build the trusted infrastructure needed to realize the potential blockchain technology, digital assets, and distributed ledgers hold for capital markets and beyond.”