oneZero Appoints David Quinlan to Board of Directors

oneZero Financial Systems, a technology provider for brokerages, announced this Tuesday that it has added a new Director to its Board, with David Quinlan, a fintech strategic advisor, joining the company’s ranks.

On the Board of Directors at oneZero, Quinlan will support the company’s growth plan in the foreign exchange (Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term) market, the company said in its statement. In particular, the appointment is part of oneZero’s strategy to see how technology can be leveraged in client segments, such as the buy-side, which has continuously evolving workflow needs in FX.

Commenting on the appointment, Andrew Ralich, CEO of oneZero Financial Systems said in the statement: “We are excited to have David on our board of directors. He brings a valuable perspective to our growth plan, given his twenty years of experience as part of the senior management team of Eze Software in both Boston and London. David is critical as we continue innovating and developing FX trading technology for global financial markets.

Previously, Quinlan was an Executive Managing Director at Eze Software. According to his LinkedIn profile, he was also a Board Member of Code Red Software for almost a decade, until February of 2015. The company was sold to Factset Data Systems, Quinlan said.

“I’m excited to join the board of oneZero and support their mission to provide financial institutions with technology for FX Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term, distribution and data insights,” Quinlan added in the statement. “My goal is to help the company accelerate the growth of its share in the FX marketplace.”

oneZero continues expanding leadership team

According to oneZero, the appointment is part of the company’s strategic growth plan, following on from the significant minority investment from Lovell Minnick Partners in 2019. This investment has led to an expansion of the firm’s senior leadership team.

As Finance Magnates reported, in April of this year the software company added Fraser McHardy as its Chief Financial Officer (CFO) and Phil Weisberg as EVP of Strategic Planning and Partnerships.