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October 8th, 2008 - Veteran marketing executive to drive corporate strategy for open source automated financial trading systems provider

Marketcetera appoints Roy Agostino CMO


 

Roy Agostino, CMO, Marketcetera: "We expect the demand for automated trading systems to double over the next few years."

Marketcetera has named Roy Agostino, as chief marketing officer. Agostino joins Marketcetera to direct strategy and drive growth against the backdrop of the rapidly transforming financial markets. Reporting directly to Marketcetera CEO, Graham Miller, Agostino will position the company’s open source automated trading systems and drive corporate marketing strategy.

"Our industry has reached an inflection point and now is the time to add a strategic marketing heavyweight like Roy Agostino to our top notch team of software industry visionaries, " says Graham Miller, CEO of Marketcetera. "Financial markets trading infrastructures continue to degrade with legacy products dragging down entire architectures with inherent problems like lack of scalability and lengthy implementation cycles. As we prepare to provide the antidote to these systemic problems with the launch of our 1.0 community platform, followed closely by our first commercially-available enterprise product and support services, we are fortunate to have Roy shaping our message to the marketplace."

"Marketcetera’s disruptive open source platform provides a cost-effective alternative to expensive proprietary trading platforms,” says Agostino. “Our upcoming platform release is perfectly timed to gain significant market share right out of the gate – we expect the demand for automated trading systems to double over the next few years. The cost effectiveness of open source and the speed with which we can implement our platform resonates with traders who are losing opportunities in a volatile market because they are burdened by the lengthy implementation cycles and vendor lock-in with their current solutions."

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