Peter joins from FXall, where he was Director of Relationship Management with specific responsibility for the EMEA region. Peter brings to Logicscope many years' expertise throughout the electronic trading value chain in FX and other asset classes. In addition to FXall, Peter previously held a number of senior management positions at EBS (and prior to that FXNet) in sales and client relationship management.

Commenting on his new role, Peter Collins said, "I am very pleased to be joining Logicscope at such an exciting point in its life. The opportunity for implementing effective STP solutions for all participants in the trading lifecycle has never been greater and it is evident that Logicscope's superior STP technologies are in demand from banks, brokers and their customers".

As part of an organisational restructuring, the management and support of existing clients has been separated from new business sales. Howard Tolman (former Managing Director of Cognotec) assumes the newly created role of Head of Relationship Management, where he will manage across the client-facing teams (organic sales, implementation and service support). Howard's extensive career in the financial markets encompasses management roles with the world's leading banks, including 11 years with Bank of America. He is also a specialist in credit and risk management.

"We are delighted to welcome Peter to Logicscope" said Nick Dyne, founder and CEO of Logicscope. "He will be a valuable addition to our team as we enter an exciting period of significant growth. By separating - from a management perspective - the very important Relationship Management function from new business sales we can better balance the needs of existing clients with a planned, and rigorous, new business drive. We are confident that we have the right people in place to take our business forward dramatically and dynamically in 2007 and beyond."

Within the electronic OTC trading environment, demand for total STP efficiency has never been greater. The expansion of Logicscope's senior management team - and a recent fund-raising programme - ensures that it can focus its efforts fully on the effective implementation of superior STP solutions to all participants in financial OTC markets.