Derivitec is delighted to announce the appointment of Jon Hodges as CTO and Anthony Grocott as Head of Sales.
Jon has worked in financial software development for over 10 years. He initially worked for a consultancy within JP Morgan building large-scale high volume auto-trading systems specialising in FIX protocol and order book management. Later he moved onto the buy-side working with Credit Derivatives (CDO’s, CDS) and Fixed Income (Bonds, Repos, ABS, MBS). He has been heavily involved in building valuation frameworks for structured products, working closely with the quantitative analysts. Jon also worked in Beijing to establish and manage offshore development teams. He has a MEng in Civil Engineering from a top UK University and is a graduate of the Goldman Sachs 10,000 Small Business ‘mini MBA’
Jon co-founded Alphakinetic and was instrumental in the build of Glide, initially as a hands-on architect and later providing technical direction and product management. Jon managed the 2011 fund raising process including pitching, negotiation and engagement with legal and professional advisors. He oversaw the recruitment of a multi-disciplined team of developers, designers, testers and support analysts as well as offshore development resources. He was also involved in client acquisition, including pre-sales, product demonstrations and contract negotiations. He held responsibility for the management of the full spectrum of stakeholders including investors, clients, data providers, fund administrators, prime brokers and other partners. Jon brought the company to a point of sale in 2014 and was the principal in a 9-month negotiation and due diligence process.
Anthony has 15 years of sales experience in the Fintech and analytics space and joins Derivitec as head of sales, responsible for all lines of business globally. Prior to joining Derivitec, Anthony was at Morgan Stanley/MSCI/Risk Metrics for 8 years where he was responsible for new business in the EMEA region and grew the business significantly in that time. Before that he was the senior sales lead for the European office of a leading business intelligence software provider. With experience in risk, analytics and valuation tools in commodities, interest rates credit and FX he is well positioned to help position Derivitec’s cutting edge technology and analytics as a must have tool for any risk professional.
2015 has already proved to be a remarkable year for Derivitec, picking up listings in the Europe top 15 fintech companies, the Fintech 50 Hot 10 and the top 50 London startups. The Derivitec Risk Portal is proving very popular, with client on-boarding picking up speed by the day. Jon and Anthony will be integral in driving this growth, both from a technology and a commercial perspective and will form the core of a very strong fintech team. Please join us in welcoming them to the company.