NetDania Founder Stig Brylle Passes Away Suddenly in London

The founder and group chief executive of stock and FX data provider NetDania, Stig Brylle (61), has died suddenly while on a business meeting in London on Monday.

NetDania’s co-founders David T. Hansen and Thomas Elster will now step more into the leadership of the company. Hansen will take up the role of the Danish firm’s Executive Chairman of the Board while Elster has been appointed as the new CEO.

In a statement, the company praised the enormous contribution to the transformation of Brylle, who had just recently celebrated his 61st birthday.

“The three of us have worked together for a long time. Stig and David for 30 years since they were both traders at a hedge fund. From 1992 they built several 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 ventures, and in 1999 Thomas joined, and the 3 of us founded NetDania,” David and Thomas said in a joint statement.

More about the Danish fintech company

NetDania has been providing data solutions to financial services firms and individual traders for over two decades.

NetDania pioneered streaming price technology, and have since delivered solutions to global banks, brokers, asset managers, and analysts. The company holds a strong position within the corporate and speculative FX segments and an ongoing expansion into stock and futures market trading.

Most recently, NetDania has deployed cryptocurrency market data feed through streaming live data from 65 cryptocurrency exchanges with over 12,000 instruments available.

The Danish fintech company offers a wide range of solutions, including financial workstations and information terminals, trading platforms, charts and applications for both desktop and mobile.

Headquartered in Copenhagen, the firm has representatives in London and its research and development team is based in Craiova, Romania according to its website.