Broker technology provider Devexperts has announced a change at the top, with the company hiring London based executive Rainer Fuchsluger as Global Group Chief Executive Officer (CEO), effective immediately.

The appointment follows the departure of Ben Hurley, who has served as Devexperts CEO out of Dublin, Ireland for the past two years. The company said that Ben has decided to leave Devexperts to pursue new opportunities.

Rainer Fuchsluger joins with a mandate to extend Devexperts’ value chain across the full investment and trade lifecycle, and deliver greater value to clients through advanced technologies such as cloud computing and AI across its portfolio. He will also accelerate the company’s international growth strategy.

Rainer Fuchsluger’s experience spans financial software, market data, exchange technology and critical market infrastructure, alongside extensive expertise in AI. He spent the past two years in a commercial leadership role at LSEG’s Data & Feeds business, and was previously at fintech software provider Wolters Kluwer as Global Head (VP), Strategic Planning and Business Development, also serving on the Group’s Global Sustainability Governance Board at Wolters Kluwer. He has also worked at SS&C and Thomson Reuters. Rainer has lived and worked in London, Hong Kong, Singapore, Japan and Switzerland during his 25 years in the industry.

Michael Babushkin, Founder of Devexperts said,

“Devexperts has always been built on exceptional engineering, advanced technology and long-standing, trusted client relationships. I would like to thank Ben for his leadership and commitment over the past four years and welcome Rainer at an important time for the company. His deep knowledge of global financial markets, combined with a proven track record of scaling technology businesses across major financial centres, will help us build on our strengths and realise our ambitions for international growth.”

Rainer Fuchsluger, Global Group CEO of Devexperts said,

“Devexperts has built something very special over nearly 25 years, combining deep capital markets expertise, advanced technology and exceptional people with strong client relationships, including banks, brokerages, exchanges and wealth managers. I’m grateful to Michael and the Board for their confidence in me and excited to build on the company’s achievements.”

With AI already embedded in more than half of its software development pipeline, Devexperts said it will build on these and many other capabilities under Fuchsluger’s leadership to accelerate product development and deliver greater value to clients.

“Capital markets are evolving rapidly, driven by demand for trusted data and analytics, resilient market infrastructure and the accelerating adoption of cloud computing and AI,” Fuchsluger added. “My priority is to stay close to our clients, understand their evolving needs and bring our capabilities closer together across the investment and trade lifecycle. By combining our expertise with continued investment in advanced technologies, we can strengthen our offering and help clients navigate increasingly complex markets without compromising on performance or resilience.”

About Devexperts

Founded in 2002, Devexperts is a global financial technology company providing trading platforms, market data, exchange connectivity, analytics and critical market infrastructure to the capital markets. With more than 800 employees across 10 offices worldwide, the company serves hundreds of clients, including banks, brokerages, exchanges and wealth management firms. Its technology is used by more than 20 million traders every day.

Its portfolio includes DXtrade, a multi-asset trading and brokerage platform; dxFeed, its global market data and exchange connectivity business; and Devexa, an AI-powered client engagement platform. Together with its market analytics, exchange technology and infrastructure solutions, these capabilities support clients across the investment and trade lifecycle.

Devexperts combines deep capital markets expertise with advanced technology, including AI and cloud computing, to help clients grow, innovate and respond to evolving market demands.

About Rainer Fuchsluger

Rainer Fuchsluger is a senior executive with more than 25 years of experience leading FinTech, data and software businesses across global financial markets. He has deep expertise in capital markets, risk and regulatory technology, SaaS platforms, enterprise data and workflow solutions, developed through senior roles at LSEG, Wolters Kluwer, SS&C and Thomson Reuters. In addition to his business responsibilities, he has served on a Global Sustainability Governance Board. He has lived and worked in London, Hong Kong, Singapore, Japan and Switzerland and currently resides in Dublin.

At a glance:

• London Stock Exchange Group: Commercial leadership, Data & Feeds.
• Wolters Kluwer: Global Head of Strategic Planning & Business Development. Previously CEO / Managing Director, Asia Pacific, Finance, Risk & Regulatory Reporting.
• SS&C Technologies, ICE and Thomson Reuters: Senior and regional commercial leadership roles across Asia Pacific.
• Education: MBA, Vienna University of Economics and Business. Executive programmes at MIT (AI: Implications for Business Strategy) and the University of Oxford (Leading Sustainable Corporations).