Trading software consultancy company Adaptive, has added a trio of experts to its board of directors. Joining the company are Matteo Cassina, Yann L’Huillier and Janhavi Dadakar. The reshuffling of the leadership team of the company comes amid continuing expansion of the firm.
Adaptive was founded in 2012 by Matt Barrett, John Marks, Olivier Deheurles and Loïc Rozé. The team ventured into the technology aspects of trading systems. The addition of new members to the board of directors brings in a wide-ranging perspective to the company’s team.
The new board members are part of a refocusing of efforts at Adaptive. The company’s founders have all transitioned to c-level roles with Barrett serving as CEO, Marks and Rozé as co-COOs and Deheurles becoming the CTO of the firm.
Matteo Cassina’s Role
Before joining Saxo Bank, he was also President of Citadel Securities and served on the boards of Nasdaq Europe and Boerse Berlin. Commenting on his appointment, Cassina said: “As Adaptive continues to expand, I will be looking to provide key strategic advice on how to structure the key business lines.”
Tradition CIO L’Huillier
The CIO of interdealer broker Tradition, Yann L’Huillier is also joining the company’s board adding another experienced trading industry executive to the team. He will help in the development of an internal strategy to commoditise and licence the company’s technology to its clients and assist the company to finalise its technology architecture and the go to market strategy.
Aside from trading software, L’Huillier has been Chairman of the Board Enyx, a company specialising in hardware acceleration. Before joining Tradition he was CIO of Turquoise Trading where he worked on the company’s multilateral trading facility.
“The importance of understanding how technology should be used, sold and deployed will be an important aspect of Adaptive’s growth strategy,” commented L’Huillier.
Chairman of the Board
Janhavi Dadarkar is joining the company’s board as Chairman. With a slew of experience in governance, strategy and risk mitigation she comes with vast experience as a corporate lawyer. Commenting on her new role at Adaptive, she said: “It’s great to be joining Adaptive at this stage as the founding team have already built a dynamic company with a strong proposition.
Be First to Comment