Rapid Addition Appoints Deepak Dhayatker as Chief Technology Officer

Rapid Addition, a provider of software solutions to electronic trading platforms, announced today that it has hired Deepak Dhayatker as the company’s Chief Technology Officer. In this role, Dhayatker will be expected to lead the company’s technology organization and drive its expansion based on the firm’s growth objectives.

Prior to joining Rapid Addition, Dhayatker worked at Commerzbank, where he helped the firm to develop electronic trading and led platform development teams across multiple locations. Before that, Dhayatker worked at BNP Paribas as a Senior Lead Software Engineer. Before embarking on his role at BNP Paribas, Dhayatker served as a Senior Developer Project Lead at Dresdner bank. Additionally, he held senior software engineering roles at CMC Markets.

Dhayatker will split his time between Rapid Addition’s head office in London and Prague where the company’s core development hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term is located. He will report to Mike Powell, the CEO of Rapid Addition, as a member of the senior leadership team. Based on his experience at leading financial firms, Dhayatker will be expected to execute the engineering and professional services functions at Rapid Addition and drive best practice across the company’s operational processes. In addition, he will work together with the senior architect team to ensure the ongoing development of the company’s high-performance middleware platform and the wider suite of electronic trading technologies.

Mike Powell, the CEO at Rapid Addition, mentioned: “I am delighted to have Deepak on board to strengthen our leadership team as we look to accelerate the growth of the last few years.”

Meanwhile, Deepak added: “I am thrilled to be joining Rapid Addition, a company with a strong history of innovation in electronic trading that is committed to building high-performance enterprise platform technology. I am looking forward to contributing to the company’s growth and mentoring and developing my team to ensure that Rapid Addition remains a compelling place to work for tech talent in our industry. I am also excited to work with our customers and partners to deliver solutions that underpin their business strategies.”