Selerity elects Data Explorers' Smith chairman

Source: Selerity

Selerity, a provider of real-time event data solutions for the financial services industry, announced today that Donal Smith, Chief Executive Officer (CEO) of Data Explorers, has been named as the Chairman of its Board of Directors, while Matthew Burkley, CEO of Genscape, has joined the Board.

Smith, who has been a member of Selerity's Board since February 2009, is the CEO of Data Explorers, the leading provider of securities lending and repo data, tracking short selling and institutional fund activity across all global market sectors. Prior to joining Data Explorers in 2008, Smith was CEO of Thomson Financial's businesses in Europe and Asia, having previously held the position of Managing Director of Thomson Financial's Banking and Brokerage Division. Before Thomson Financial, Smith worked for the Financial Times Group, firstly as Managing Director of Business Information at FT Information and then as Director of Electronic Publishing for the FT Group and CEO of FT.com.

Burkley joined Genscape as CEO earlier this year. Genscape is the leading global provider of energy information for commodity and financial markets, leveraging patented technologies and proprietary algorithms to provide accurate and timely data on capacities, flow and utilization. Before Genscape, Burkley worked at Thomson Reuters (TR) as CFO, Sales and Trading, which is TR Markets' largest business unit. Prior to serving as CFO, Burkley held various executive leadership positions at Thomson Reuters Markets dating back to 2006, including Chief Strategy Officer and President of Thomson Financial's News and Enterprise Data Feeds business. He was a co-founder and managing director at a technology and strategy consulting firm ZEFER, before joining Thomson Reuters. Burkley holds a bachelor's degree in political economy from Colorado College and an MBA from Harvard Business School.

"I am very pleased to see Donal take on an expanded role and excited to welcome Matthew to Selerity's Board of Directors," said Ryan Terpstra, Founder and CEO of Selerity. "Both members bring unparalleled industry knowledge to our Board and their collective experience is a tremendous asset to me personally and to the company. Matthew and Donal will help Selerity continue to achieve success in our existing markemarket, while helping support our new growth initiatives."

"I'm delighted to be named Chairman of Selerity's Board of Directors," Smith said. "Since the company's inception we've accomplished a tremendous amount, establishing Selerity as a major industry player at the intersection of news and algorithmic technology. The foundation that we've built over the past three years will allow us to expand in our existing market and rapidly capitalize on new adjacent opportunities."

"I'm looking forward to joining Selerity's Board at a time when events are impacting the world's financial markets at an ever-increasing pace. The opportunity to participate in a venture that uniquely combines innovative technology with alternative real-time data sets for the financial services industry complements my background and new role at Genscape very well," Burkley said.

Selerity's Board of Directors is currently comprised of: Doug Atkin, Portfolio Manager, FinTech Fund, Guggenheim Partners; Matthew Burkley, CEO, Genscape; Donal Smith, CEO, Data Explorers; and Ryan Terpstra, Founder and CEO, Selerity.

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