big xyt Announce Executive Team Strategic Hire
big xyt, the independent provider of market data analytics, is pleased to announce Richard Hills has joined their executive team as Head of Client Engagement. Working alongside Mark Montgomery, Head of Strategy and Business Development, Richard’s appointment will accelerate the implementation of big xyt’s 2020 strategic business plans.
Based in London, Richard joins big xyt from Société Générale, where he launched and built the equities electronic trading business, going on to become Global Co-Head of Cash Equities Execution encompassing electronic, program trading and high touch execution.
In this newly appointed role Richard will help to drive client innovation using a partnership engagement model. Richard will be responsible for promoting client awareness of the full breadth and depth of big xyt’s award-winning products and services. This will enable them to not just observe the market, benchmark and analyse their executions, but increasingly integrate big xyt’s technology into the firm’s daily workflow for the benefit of their own clients.
Richard commented, “The investment industry is undergoing rapid and fundamental change, driven by greater passive investment, falling fees and more regulation. I see scalable, high performance technology and data driven automation as the key to survival and success. big xyt’s Best Execution and TCA off-the-shelf analytics products demonstrate the power of this new architecture.”
He continued, “I am looking forward to working with the team and enabling clients, including exchanges, sell-side and buy-side firms, to leverage the big xyt product portfolio to gain greater insights in support of their investment decisions and execution strategies. We aim to provide high quality, consistent data and sophisticated analytics tools to a broad range of market participants, where access to such capabilities has previously been the preserve of only those with the deepest pockets.”
Mark Montgomery said “We are delighted to be adding Richard to our team. He has a great reputation amongst our community and brings experience, market knowledge and client trust with him. At a time when we have exciting new content ready for release, he will help us share the benefits of our unique capabilities to a larger cross section of the community.”
Robin Mess, CEO big xyt, added “After successfully expanding our product and support teams over the last few years we are excited to have Richard onboard to further increase our opportunities. His enthusiasm and expertise will help accelerate our growth with new clients and also provide additional levels of sophistication.”