New York-based OpenFin, a provider of HTML5 runtime technology for the financial industry, today announced the appointment of Adam Toms as CEO of its European operations. Mr. Toms joins OpenFin from Instinet Europe, where he served as its CEO for more than four years. Prior to that, he worked for Nomura International as Managing Director and Co-Global Head of Electronic Trading. Adam joined Nomura following its acquisition of the European assets of Lehman Brothers. He headed the firm's European Portfolio and Electronic Sales Trading desk. Earlier in his career, Mr. Toms worked as an equity trader at Barclays Global Investors in London. His mandate with OpenFin will be to oversee all European operations from its offices in the City, which “acts as an equal headquarters to the founding office on Wall Street in New York,” according to the company. Adam will tap his extensive experience to provide guidance and insight to the group, which has honed its focus on technology and developments in the capital markets industry. His appointment comes during an important juncture for OpenFin, which is not only coming off a recent funding round, but also embarking on several projects, including the sourcing of its core technology, among other developments. Set up in 2010, OpenFin has grown to serve the world’s largest banks and trading platforms including BNP Paribas, Citigroup, HSBC, ICAP, JP Morgan and RBS, which now use OpenFin to deploy applications both in-house and to over 250 Buy-Side and over 40 Sell-Side customers. Commenting on his appointment, Mr. Toms said: “OpenFin is one of the biggest, and most necessary, innovations in financial desktops over the past 20 years. They have widespread backing from most major banks and industry heavyweights who recognize OpenFin’s operating system as the backbone on which we can build the future of finance." OpenFin CEO Mazy Dar added: “With Adam’s track record at Instinet and the stellar reputation he has earned in our industry, his arrival is a significant signal to the market place that OpenFin OS will be the solution that unifies global capital markets in a single, secure, and interconnected ecosystem. While we were born on Wall Street, the reality is that we are solving problems across capital markets globally, and see just as much, if not more, demand for OpenFin in Europe."
New York-based OpenFin, a provider of HTML5 runtime technology for the financial industry, today announced the appointment of Adam Toms as CEO of its European operations. Mr. Toms joins OpenFin from Instinet Europe, where he served as its CEO for more than four years. Prior to that, he worked for Nomura International as Managing Director and Co-Global Head of Electronic Trading. Adam joined Nomura following its acquisition of the European assets of Lehman Brothers. He headed the firm's European Portfolio and Electronic Sales Trading desk. Earlier in his career, Mr. Toms worked as an equity trader at Barclays Global Investors in London. His mandate with OpenFin will be to oversee all European operations from its offices in the City, which “acts as an equal headquarters to the founding office on Wall Street in New York,” according to the company. Adam will tap his extensive experience to provide guidance and insight to the group, which has honed its focus on technology and developments in the capital markets industry. His appointment comes during an important juncture for OpenFin, which is not only coming off a recent funding round, but also embarking on several projects, including the sourcing of its core technology, among other developments. Set up in 2010, OpenFin has grown to serve the world’s largest banks and trading platforms including BNP Paribas, Citigroup, HSBC, ICAP, JP Morgan and RBS, which now use OpenFin to deploy applications both in-house and to over 250 Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term and over 40 Sell-Side Sell-Side Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Read this Term customers. Commenting on his appointment, Mr. Toms said: “OpenFin is one of the biggest, and most necessary, innovations in financial desktops over the past 20 years. They have widespread backing from most major banks and industry heavyweights who recognize OpenFin’s operating system as the backbone on which we can build the future of finance." OpenFin CEO Mazy Dar added: “With Adam’s track record at Instinet and the stellar reputation he has earned in our industry, his arrival is a significant signal to the market place that OpenFin OS will be the solution that unifies global capital markets in a single, secure, and interconnected ecosystem. While we were born on Wall Street, the reality is that we are solving problems across capital markets globally, and see just as much, if not more, demand for OpenFin in Europe."
