San Jose, California (PRWEB) September 26, 2013
DerivaTrust Technologies, a software and communications provider of secure transaction and information platforms for financial market participants, today announced that it has appointed Ron Quaranta to serve as the company’s Chief Executive Officer.
Mr. Quaranta brings to DerivaTrust over 20 years of experience in the financial services and technology industries. Prior to joining DerivaTrust, Mr. Quaranta was employed by Thomson Reuters. He joined Reuters in 2004 and has worked across a variety of roles, including product, sales and business management, recently as the Global Head of Trading Analytics in the Exchange Traded Instruments (ETI) division. Before Reuters, he held the role of Business Development Manager and Head of Product Management for Davidsohn Global Technologies. Previously, he held several roles at global broker dealers based in New York City.
In addition to setting the overall strategy and vision for the company, Mr. Quaranta will work closely with the product and development teams to enhance current product capabilities and guide future product development. Current plans include expansion into multiple financial sectors, such as derivatives and swaps, as well as the extension of DerivaTrust’s proprietary technology into additional growth industries, such as healthcare technology and regulatory reporting.
"This is an ideal time for me to be joining DerivaTrust, as we see the convergence of new technologies such as secure peer-to-peer transactions, cloud computing and ‘big data’ processing coming together to yield powerful solutions for a variety of financial marketplaces and sectors. I am very excited about the possibilities that our new and innovative technology can bring to these arenas”, said Mr. Quaranta.
Added Hieu Tran, Co-Founder and Chief Technology Officer at DerivaTrust: "Ron is highly regarded in the financial technology arena and we all look forward to working with him to enhance DerivaTrust's product offerings for our customer base and markets. Ron's successful track record in financial information, product design, and customer acquisition makes him the right leader to take advantage of the many opportunities that lie ahead for DerivaTrust," Hieu added.
About DerivaTrust (http://www.derivatrust.com)
DerivaTrust Technologies Inc. is a pioneering software and communications provider of secure transaction and information platforms for financial market participants. Founded in 2010, the founders developed a discovery system (DTSys) which increases transparency, liquidity and neutrality, leveraging Dynamic Contents (DC) technology.