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Portware appoints head of FX

First Published 13th August 2015

Portware names Christopher Matsko as head of Foreign Exchange Trading Services.

New York, Hong Kong and London - Portware, the provider of multi-asset trade automation solutions powered by artificial intelligence, has appointed FX industry veteran Christopher Matsko as head of Foreign Exchange Trading Services.

Matsko will be based in New York, reporting to Portware's CEO, Alfred Eskandar and will help Portware FX clients navigate an increasingly complex regulatory environment that demands real-time analytics, transaction cost analysis (TCA), and custom trading capabilities. Matsko brings over a decade of experience in FX business development serving the U.S. and Canadian markets. Prior to Portware, Matsko held senior sales roles at 360T, FXall (acquired by Thomson Reuters in 2012), Associated Foreign Exchange, and Capital Markets Services.

"In all my years in the industry, I haven't seen another company like Portware that truly understands the buy side's unique workflows and delivers demonstrable best execution. Portware FX is geared directly towards the needs of large asset managers and enables them to deal directly with their banks, ECNs, and custodians at a fraction of the cost of other platforms. The number and size of their recent client wins is a testament to the strength of Portware FX. I am excited to join Portware at this time of impressive company growth and contribute to the ongoing innovation and success of its award-winning FX platform and solutions," Matsko said.

"The FX market is distinct from equities and presents unique challenges, from evolving regulatory initiatives to the mounting demand for transparency. Buy side firms are turning to Portware to meet these challenges and provide intelligent decision support and performance optimization," said Alfred Eskandar, CEO of Portware. "Adding someone of Chris's caliber to our FX team ensures we can continuously deliver an FX trading experience that enhances dealer relationships, execution quality, and service levels to our clients around the world."