Edgewater Markets Appoints Paul Allmark as Chief Technology Officer

Edgewater Markets, a provider of trade execution technology solutions, has announced the appointment of Paul Allmark as its new Chief Technology Officer (CTO). Based in the firm's London office, Mr. Allmark will be responsible for leading Edgewater's global technology organization through its next phase of growth. He will spearhead all technology projects and report directly to the company's founders.

Paul Allmark brings over three decades of experience in financial markets, having held senior technology and business leadership roles across banks, brokers, trading venues, and software providers. His career includes leading various industry initiatives, such as the launch of the first internet-delivered single-dealer portal at Dresdner Bank in 1998, the introduction of FX streaming and CLOB multi-bank trading platforms to mainland China in 2007 and 2017, respectively, and the development of a low-latency, containerized trading system at EBS in 2020.

His most recent corporate role was Chief Information Officer at NEX / CME Group, where he oversaw the EBS and BrokerTec trading platforms. Previous positions also include Global Head of e-Commerce Solutions at EBS BrokerTec, Global Head of Electronic Trading and Head of Marketplaces at Thomson Reuters, and Head of Global Markets Technology at Dresdner Bank.

"I am hugely excited to become a part of the Edgewater growth journey," said Paul Allmark. He added that the company has earned a strong industry reputation for its technology and client-centric approach, expressing eagerness to work with the team and contribute to Edgewater's continued success.

Skovran Schreder, Edgewater CEO and Co-founder, commented, "Paul joins Edgewater at a time of significant expansion. His deep expertise in building and scaling advanced trading platforms aligns perfectly with the ambitious initiatives we have planned." Alessandro Scarsini, President and Co-founder of Edgewater, stated, "Our business has seen exceptional traction in recent years. This enhanced executive team structure positions us to build on that success as we broaden our product offerings and expand our global client base. Paul, along with Brian Andreyko, will be responsible for a continued best-of-breed product offering to our clients." Mr. Allmark's appointment contributes to the expansion of Edgewater's executive team, which also includes Matt Kassel as Chief Revenue Officer, Nate Arenchild as Chief Operating Officer, and Brian Andreyko in his ongoing role as Chief Product Officer.