John Ashworth Joins Caplin Systems as Chief Operating Officer

Institutional FX Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term, Caplin Systems, announced today that John Ashworth was appointed as its new Chief Operating Officer.

Mr. Ashworth will be based in Caplin’s London office and will be in charge of the firm's global sales and Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term. He brings to the role 30 years’ experience in the technology industry having worked with IBM, FENICS, GFI, Apama, FXall and most recently Thomson Reuters.

Explaining why he chose to join the firm at this time, Mr. Ashworth said: “Advanced trading GUIs of the kind designed on Caplin’s platform are among the most appealing applications built in HTML5. I am excited to be part of an organization that really understands trading workflows and one that is perfectly positioned to help large and small banks make their e-channels even more efficient.”

Mr. Ashworth joins at a pivotal time for the company, which in December 2013 announced the launch of Caplin Direct, a hosted, managed service designed for banks that want a custom FX single-dealer platform. He commented: “The evolving global regulatory landscape has diverted management attention and budget away from e-channels for some time, but banks know they must prioritize their customers, either to improve service or avoid disintermediation."

Mr. Ashworth will work to maintain Caplin’s close relationships with its tier one banking clients, and also looks to build on Caplin’s track record in developing e-distribution facilities for tier two and major regional banks such as Nomura, Standard Bank and UniCredit.

“We are very excited about what John will bring to Caplin,” said the CEO, Paul Caplin about the announcement. “He’s an entrepreneurial and exceptionally talented leader with a great track record and a deep understanding of our market. The past couple of years have seen an unprecedented surge in single-dealer platform activity, and with John’s help we can continue to scale our operations to meet the demand for outstanding e-distribution facilities across all asset classes and client segments.”