Trade execution technology solutions provider Edgewater Markets has announced the addition of Paul Allmark as Chief Technology Officer (CTO). Based in the firm’s London Office, Paul Allmark will be responsible for leading Edgewater’s global technology organisation through the next stage of the company’s growth. As the company continues to aggressively expand its product breadth and client segments, Paul will spearhead all technology projects and report directly to the founders of the company.

Paul Allmark brings to Edgewater over thirty years of experience in financial markets, having held senior technology and business leadership roles at banks, brokers, trading venues and software providers. Throughout his career he has led several pioneering industry initiatives — including the launch of the first internet-delivered single-dealer portal in 1998 at Dresdner Bank, the introduction of FX streaming and CLOB multi-bank trading platforms to mainland China in 2007 and 2017 respectively, and the development of a ground-breaking low-latency, containerised trading system at EBS in 2020.

His most recent corporate role was Chief Information Officer at NEX / CME Group, where he was responsible for 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. “The company has earned a strong industry reputation for its cutting-edge technology and client-centric approach.  I am really looking forward to working with the talented professionals across the organisation and contributing to Edgewater’s continued business success.”

Skovran Schreder, Edgewater CEO and Co-founder said,

“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. As we continue to expand our global reach and deepen client relationships, Paul’s leadership and insight—shaped by decades of experience at platform providers and major banks—will be instrumental in driving the next phase of our technology evolution.”

The company said that this senior hire comes during a period of significant development for Edgewater. Allmark’s appointment continues the expansion of the Edgewater executive team, which also includes the appointments of Matt Kassel as Chief Revenue Officer, and Nate Arenchild as Chief Operating Officer alongside Brian Andreyko, who continues in his role as Chief Product Officer.

“Our business has seen exceptional traction in recent years,” said Alessandro Scarsini, President and Co-founder of Edgewater. “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”.

About Edgewater Markets

Edgewater is a technology driven market leader in workflow management and execution services, providing complete software solutions for banks, asset managers, brokers and other financial institutions to competitively and efficiently access global markets.