Devexperts has announced the expansion of its team by hiring two financial industry veterans. Nick Mortimer will join as SVP of Business Development, and Peter Moore will become the new VP of Sales and Business Development for the Nordics region.

Michael Babushkin, the Global CEO of the financial industry software and services provider, told Finance Magnates that they “bring an unparalleled wealth of experience and a stellar reputation” within the finance industry, particularly the FX/CFD industry.

Mortimer Joins as SVP of Business Development

Nick Mortimer, the new SVP of Business Development, has 36 years of experience in the FX and CFD sectors. He has previously worked with several firms specializing in these industries, including notable names like MahiFX, CHF Markets, and Marex, and had an earlier tenure at banking giant ABN AMRO.

„His extensive career encompasses significant leadership roles, most recently serving as Managing Director at Abelee, where he excelled for nearly six years,” the Global CEO of Devexperts commented for Finance Magnates. “During his tenure, he was instrumental in driving growth and strengthening client relationships on a global scale.”

Babushkin and the entire firm “are confident” that the new SVP of Business Development will play a key role in developing relationships with existing clients and further expanding the business.

Moore to Strengthen Nordic Operations

Alongside Mortimer, Devexperts also welcomed Peter Moore as VP of Sales and Business Development, based in Helsinki and focusing on the Nordics and Scandinavian regions.

Moore brings nearly 20 years of financial industry experience, beginning his career as an investment analyst and later as a portfolio manager at the London office of UBS.

Over the years, he has also collaborated with companies such as Unfair Advantage and Invesdor, and until recently, he served as Business Development Manager at Holvi.

New Developments at Devexperts

In April, Devexperts enhanced its Latin American operations by partnering with nuam exchange . This new alliance stems from the merging of the Lima, Santiago, and Colombia Stock Exchanges, aiming to bolster equity and derivatives trading across the region.

Furthermore, Devexperts has completed a Type 2 SOC 2 audit, building upon the completion of their Type 1 SOC 2 audit the previous year.

Additionally, Devexperts announced a cross-integration of its DXtrade trading platform with BizCuits, a provider of comprehensive trading and risk management tools.