Exclusive: Leverate’s COO, VP of Product Eitan Bar-On, Parts Ways with Group

Leverate, a 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 specializing in brokerage solutions for the financial services industry, has a void to fill in its leadership team, after Eitan Bar-On, the group’s Chief Operating Officer (COO) and Vice President (VP) Product, has reportedly parted ways with the company, Finance Magnates has learned.

Mr. Bar-On had been with Leverate since 2012, having originally joined the company as its Senior Product Manager – in this capacity he was responsible for Leverate's back-office products, feed management, Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, and other tasks. This paved the way for a promotion to the group’s COO in 2014, a position he held up until his eventual departure.

Most recently, he focused on several components of Leverate’s operations. Amongst his many responsibilities, he helped lead the company's product and operation, including customer relations, production, IT and support, according to information made public on his Linkedin profile.

According to a company spokesperson in an exclusive statement to Finance Magnates: "After many years of loyal service at Leverate Eitan has decided to leave Leverate to explore a new direction. We are very happy for him and will remain in close contact."