Metamako Secures the Services of Alastair Richardson as its EMEA Head

Australian-based Metamako, a provider of latency devices and solutions for the trading industry and exchanges, has appointed Alastair Richardson as its newest Head of Business Development for Europe, Middle East, and Africa (EMEA), according to a Metamako statement.

The appointment follows on the heels of a recent period of growth for Metamako, which has expanded its operations in both North America and Europe in recent years. In late August, Metamako made headlines after it joined a newly established fintech hub in Sydney, Stone & Chalk. Stone & Chalk is an independent, not-for-profit Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term Hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term, which helps foster and accelerate the development of start-ups.

In his new role as the Head of Business Development – EMEA at Metamako, Mr. Richardson will be based in London. Over the past several years, he has garnered extensive experience in the fintech and financial services realm, which includes stints at a number of leading companies.

He joins Metamako from Fixnetix, having served as its Head of Pre-Sales and Sales & Business Development specialist, dating back to 2012 – prior to this, he worked at Barclays Capital and Credit Suisse.

According to Mr. Richardson in a recent statement on the appointment: "I have been aware of Metamako for a while, and I've been continually impressed by their rapid growth and increasing dominance in the market. Their clients have been very quick to see the advantages of Metamako's products and support; the recent STAC benchmarking report once more puts them way ahead of the competition.”

“They are a young company focused on leading the market through innovation and addressing real market issues. They have a typically Aussie, can-do attitude, which is incredibly refreshing, and I am really looking forward to getting started and being part of the team," he added.

"Getting the right mix of people at this stage in our growth is very important, as we are building the foundations for a major expansion. Alastair has great experience with global banks and the technical demands of trading,” noted Dave Snowdon, Founder and co-CTO of Metamako, in an accompanying statement.

“He is exactly what we've been looking for in EMEA. I have spent much of the last two years flying round the world, meeting clients but, in some ways, this has limited the full potential for development. Alastair will enable Metamako to go further, faster. I welcome Alastair to the company and very much look forward to working with him.”