Forex technology provider Leverate has today announced the imminent opening of its new research and development center in Kiev, Ukraine, which is scheduled to open in two weeks’ time.

Leverate currently has a further research and development (R&D) facility internationally, the new Kiev operations representing the second worldwide when it opens, and the fifth overall location within the company.

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The Ukrainian R&D facility is intended to commence its operations with one team focusing on the development of mobile solutions for FX, an area which Leverate has concentrated a degree of its efforts and resources on recently, particularly in the area of social trading and the availability of the Sirix platform via web and mobile platform.

A notable example of this was the release of the new Sirix Web Trader at this year’s iFXEXPO in Cyprus.

In due course, Leverate intends to add further teams to the Kiev facility to concentrate on other areas, under the leadership of Site Manager Yossi Roash.

Mr. Roash’s career path within Leverate has involved a series of relatively quick progressions. He joined Leverate in 2008 as a software developer and solution architect having been externally recruited from a previous firm, where he served as CTO. Mr. Roash then progressed to R&D team leader shortly afterwards, and was made R&D Site Manager after a stint as Senior Project Manager.

During the course of the year, Leverate has engaged in an expansion program on its client-facing side as well as this establishment of a further R&D center, including offices having been opened in Hong Kong and Japan, a further business unit in Cyprus along with the established operations in Tel Aviv, Israel.

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According to Leverate, the new R&D site will assist the firm in bringing together a larger strategy to improve pipeline productivity of Leverate’s award-winning products and confirm the company’s place as industry leader in the retail FX technology arena.

Mr. Roash made a corporate statement today regarding the launch of the new facility: “We are very excited to open our new R&D center in the Ukraine.”

“We chose Ukraine for its highly skilled talents which will allow us to grow our R&D force faster, side by side with our existing and growing R&D center in Tel Aviv. This will allow us faster delivery of new cutting-edge products and solutions and keep the company at the forefront of the retail Forex tech industry” concluded Mr. Roash.