IS Prime, an institutional prime brokerage and Execution venue, announced the official appointment of Daniel Crane as its new Deputy Head of Electronic Trading Solutions (ETS). The former Tickstarter COO joins IS Prime, as he enters into a newly created role by the company.
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Mr. Crane will be directly guided by IS Prime’s Head of ETS, Barry Flanigan. While covering much of the ETS operational components, the company intends on him focusing specifically on advanced technical client integrations.
Mr. Flanigan commented on the new addition to his team: “We are thrilled to have Daniel join our team. He is extremely skilled and knowledgeable about the technology in our industry and brings a high pedigree of work ethic and intelligence to the team. He will be a real asset to the organisation.”
During his time at Tickstarter, Crane was able to help the development of the company and its technology services. Tickstarter mainly focuses on integrating trading systems within the capital markets industry, improving the technological capacity of financial institutions. In September of last year, Tickstarter partnered with PrimeXM, looking to expand its client base and to promote institutional connectivity for prime brokerages and hedge funds.
Joining IS Prime appears to be a move that will benefit both sides. The prime brokerage onboards a top executive with experience in improving technological capabilities within the industry.
Mr. Crane also commented on his most recent career move, saying: “IS Prime is one of the fastest growing and most dynamic organisations in this sector and so this is a great opportunity for me to demonstrate and further develop my capabilities. My new role requires a very specialised skillset, dealing with complex integrations and managing multiple technology partners and venues. I believe it is an ideal match for the experience I have gained over the last decade.”
IS Prime has been seeing strong growth over the past few years. The company saw profits increase an impressive 900% during the FY ending March 31, 2017. Looking ahead, it is apparent that the brokerage is intent on entering the cryptocurrency industry, aiming to Leverage its technology integration capabilities across the surging industry.