OMEX Systems, LLC ("OMEX"), the provider of broker-neutral DMA and OEMS trading systems for broker-dealers and buy-side investment firms active in stocks, options and futures announced the addition of 2 more trading technology veterans to the firm's New York office, bringing the 5-year old company's total staff of sales, client support and software programming to 22 professionals.
Joining the firm as Head of Sales is Antonio Panos, the former co-founder and sales director for Mixit Systems, Inc., the sell-side equities trading system vendor which first came to market in 2002 and was acquired in 2011 for $20 million by UK-based futures market vendor Patsystems Plc. In addition to Mr. Panos, Matthew Weiss, a 15-year trading technology veteran, has been appointed Head of Client Support for OMEX. Mr. Weiss was most recently VP of Buyside Sales for Blockcross ATS; he previously held senior sales management roles for industry icons Lava Trading (a Citigroup subsidiary), NYSE Group's Archipelago Holdings and MB Trading.
Given the scarcity of truly comprehensive and cost-efficient broker-neutral DMA/OEMS platforms, during the past 4 years New York-based OMEX has morphed from an "under-the-radar technology boutique" to a sought-after solutions provider for both sell-side and buyside firms. The multi-asset OMEX platform is designed for firms that require a full suite of order execution management, risk controls, commission management features, multi-custodian trade allocation and straight-thru processing in one, easily-customized platform; features that are typically only attainable by mashing up disparate software products from multiple, premium-priced vendors.
According to OMEX spokesman and Chief Operating Officer John Houlahan, a 23-year industry veteran who previously led technology initiatives for HSBC, Capgemini, the global IT consultant, and SIAC, "When considering the ultimate value-add of any aspiring technology firm is it's human talent, the addition of industry high-profilers Tony Panos and Matt Weiss further enhances our platform's credibility with those who would ordinarily defer to the most recognized brands in the space." Added Houlahan, "More important, their joining us further ensures that every interaction we have is conducted with the highest degree of knowledge, skill and professionalism."