19 February 2018
Visit www.avoka.com

Mark Redwood joins Barracuda board

21 January 2013  |  1294 views  |  0 Source: Barracuda

Mark Redwood, former President of Sales & Trading at Thomson Reuters and the founder of AVT Technologies, has joined the board of Barracuda FX.

Barracuda FX is a provider of OMS technology to the FX industry. Because of its easy-to-use interface and easy integration with other systems, it has been adopted by top and mid-tier banks, which recognise the importance of Order Management as a core component of their eFX strategy. The system allows banks to reduce their sales and trading costs while at the same time improving overall control and efficiency in managing orders.

Redwood's appointment in December 2012 is part of Barracuda FX's plans to accelerate growth and establish themselves as the industry leader for OMS technology. Kieran Fitzpatrick, CEO says of Redwood's appointment: "More than anyone, Mark understands the challenges of building a technology business in the FX industry. His integrity, experience and our shared values make him the ideal person to help us guide the company through the next stage of growth, and we are delighted to have him join our board of management."

Redwood comments: "Technology continues to push boundaries in the FX industry and Barracuda FX's innovative Order Management technology has really impressed me. They are a forward-thinking company with much more to bring to the market and I am excited to be part of their OMS revolution."
Until the end of December 2010, Mark was President of Sales & Trading at Thomson Reuters. From 2006 he was CEO of Reuters Transaction Services and also a non-executive director at Tradeweb. He joined Reuters in December 2002 following its acquisition of AVT Technologies, a pioneer in foreign exchange transaction technology, which Mark founded in 1989. As CEO of AVT, Mark built a blue-chip customer base that at the time included leading global financial institutions such as ABN AMRO, Bank of New York, Dresdner Kleinwort Wasserstein, JP Morgan and UBS.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.swift.com/your-needs/instant-paymentsvisit www.nextgenbanking.co.ukVisit http://info.nice.com

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11506 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9064 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
8923 views 10 comments | 22 tweets | 26 linkedin
Aussie real-time payments platform goes liveAussie real-time payments platform goes li...
8816 views comments | 15 tweets | 43 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
7454 views comments | 12 tweets | 10 linkedin

Featured job

Competitive base + commission (double OTE)
London, UK

Find your next job