Former Wombat (NYSE Technologies) COO, Ciaran Kennedy, has been hired to run the Metamako team at the company’s new Wall Street offices.
Since Metamako announced its first product in December last year the company has seen an astonishing twelve months of growth. In 2014 two innovative products were launched, landing Metamako more than 40 clients across the key financial centres of Europe, Asia and North America. An independent STAC benchmark earlier this year proved that Metamako’s latency was barely detectable, putting its products at the forefront of network devices in terms of performance and functionality. In October Metamako announced the opening of a London office, with Kevin Covington driving its European business. Metamako has seen interest in its products from Taiwan, India and Korea, and is now looking into making them available in these countries.
Dr. Dave Snowdon, founder and co-CTO of Metamako, said: “It’s great to have Ciaran join us. He has an excellent track record in the industry and will really help take our US business forward. When we set up the company we knew we had a real winner on our hands. Our unique approach to solving some of the major problems faced by trading institutions and exchanges has really taken off. Opening offices in London and New York so quickly after the launch of our first product is really exciting and will mean that we can work more closely with many of our clients.”
Ciaran Kennedy, head of business development at Metamako, said: “I’ve spent much of my professional life bringing advanced and innovative trading technologies to the global financial markets and it is clear that Metamako has a significant lead on the market. In just twelve months they have had a phenomenal reception and I am sure that by opening the New York office we will significantly increase the growth and development of the company. This is a great opportunity for me to be closely involved in the early days of a very special tech company.”
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