Appointment of Senior Sales Executive

RNS Number : 2801R

Arcontech Group PLC

16 November 2012

 



Arcontech strengthens sales team with industry veteran Darren Simons

London - 16^th November 2012. Arcontech Group PLC, the leading independent real time market data technology specialist, announced today that Darren Simons has joined as Senior Sales Executive.

Andrew Miller, CEO of Arcontech said "Darren has years of experience and particular knowledge and specialism in our area of sophisticated real-time market data systems.  I am looking forward to the added success his combination of technical detail and business acumen will bring."

Simons's appointment is in response to the increasing success and opportunities identified for the latest versions of Arcontech's vendor independent technology:  Excelerator, a high performance real-time Excel add-in that can replace "bundled" vendor products and CityVision Cache, a highly functional last-value cache which can be used to replace, add-value to and cross connect vendor platforms, have both seen particular interest during the past 12 months.

Darren Simons said "I am delighted to be joining Arcontech at this exciting stage of the company's growth.  Arcontech has a great reputation, not only as a company delivering proven reliable technology to meet business needs, but also for a business ethos that firms respect and trust"

Simons has a notable track record in the Market Data technology industry, stretching over 15 years, starting with several roles at Caplin Systems dealing with vendor connectivity and e-commerce trading portals.  He subsequently worked for RTS Realtime Systems specialising in exchange trading solutions.  He joins Arcontech from Object Trading, a provider of exchange trading and market data solutions.

Notes for Editors

About Arcontech Group PLC

Arcontech Group PLC's (AIM: ARC) key trading subsidiary is Arcontech Limited.

Founded in 1979, Arcontech is real-time software specialist providing products and bespoke systems for collection, processing, distribution and presentation of time-sensitive financial markets data.

Arcontech is independent of any data vendor (such as Reuters or Bloomberg) and has thrived due to timely delivery of dependable, cost-effective solutions to the financial community based on its award winning CityVision product suite.  Its diverse clients range from National Government, Banks and Data Vendors through to on-line trading firms

Arcontech has experience of a wide range of technical concepts and applications and the ability to combine the best from each. Key areas of expertise include:

Ø Market data infrastructure

Ø Multi vendor data contribution

Ø Platform integration, corss-connect and protocol conversion

Ø Consulting and custom development

CityVision

CityVision supports collection, aggregation and redistribution of market data in real-time from multiple sources to multiple destinations. Sources can include direct feeds,  market data platforms and data contributions from the spreadsheets and trading systems of the Global investment banking community.  Destinations include multiple vendor contributions, dealing desk displays, real-time Microsoft Excel, live web pricing and on-line trading applications.

CityVision is fast, flexible, fully resilient, scalable and secure, with a full authentication and entitlements system. The system is extensible to receive instruments in any asset class, from hundreds of contributors and to provide controlled re-distribution.

CityVision can interoperate with other systems (such as Reuters RMDS and Bloomberg) via existing de-facto standards (such as Market link SSL and FIX) and via its own comprehensive APIs. This means it can provide cost effective solutions to add value to or replace incumbent systems.

 

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