Velocimetrics, a provider of real-time business flow performance monitoring and analytics solutions, has appointed industry veteran Kevin Covington as its newest advisor to the group’s senior leadership team with immediate effect, according to a Velocimetrics statement.
In his new role as the group’s advisor, Mr. Covington will help guide and assist Velocimetrics as it aims to accelerate and foster its investment in its comprehensive product offering across trading, market data, and payment processing realms. The position is a natural fit for Mr. Covington given his lengthy experience in past roles, in which he’s served as an integral component for various companies given his markets expertise and prowess in the financial services industry.
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Mr. Covington has been a stabilizing force in the fintech industry for decades, serving in a number of advisory and executive level roles for financial service providers, consultancy organizations, and fintech accelerators – he recently worked at ITRS Group as its Chief Executive Officer (CEO). Since then, he has held advisory positions at BLC Research Advisors, Level39, Techstars, Change Alley Limited, and Delta Capita, according to information made public on his LinkedIn profile.
According to Mr. Covington in a recent statement on the appointment: “I’m excited to be working with Velocimetrics at this time. The capabilities that the company has in its technology; the dynamic changes in regulation; the changes in the market being brought about by disruptive technologies all mean that it is more important than ever for financial institutions to leverage technology to give them actionable insights into their business operations.”
“Kevin brings with him a wealth of experience, knowledge and understanding of the real-time performance management and monitoring market that will prove invaluable. I’m delighted to welcome him to the team,” added Velocimetrics’ CEO Steve Colwill in an accompanying statement.
This is Mr. Covington’s latest appointment in a string of senior technology roles in which he has cut his teeth in the industry after what has been a three decade long career. Back in August, Delta Capita appointed Mr. Covington to its board as a Non-Executive Director.