Fidessa group plc (LSE: FDSA) has appointed Paul Dex as its newest Business Development Manager for its derivatives business in Europe, Middle East, and Africa (EMEA), according to a Fidessa statement.

In his new role as the Business Development Manager, Mr. Dex will be based out of Fidessa’s London office. He joins Fidessa after a lengthy career in senior sales, market, and product development roles.

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Prior to Fidessa, Mr. Dex worked for over a decade at LIFFE, having run the exchange’s global education program. Additional roles at the exchange also included stints as its head of front-office execution business for SEB Futures globally.

According to Justin Llewellyn-Jones, Global Head of Derivatives at Fidessa, in a recent statement on the appointment, “With a growing number of customers recognizing the value we bring in simplifying their workflows, Fidessa is dedicated to providing them with the advanced execution capabilities they need to operate in today’s highly complex derivatives markets.”

“We’re really pleased to have Paul on board and this strategic hire is further demonstration of our commitment to investing in the highest levels of expertise across our derivatives business,” he added.

“I have always admired Fidessa for its innovative technology, the strength of its front- and middle-office workflow platforms and its talented people. I look forward to bringing the skills and experience I have acquired over the past twenty years to help support our continuing success in the global F&O space,” noted Mr. Dex in an accompanying statement.

Fidessa recently made headlines this October when it extended its existing partnership with CIMB Securities (CIMB), an international securities arm of ASEAN’s universal banking groups. The augmented partnership has focused on the provision of regional growth to CIMB’s derivatives trading platform. More specifically, this has included lower latency access to Asian derivatives markets via the group’s colocation capabilities with the SGX.