big xyt, market data analytics provider, announced today the addition of Richard Hills to the executive team as Head of Client Engagement. Hills will work with Mark Montgomery, Head of Strategy and Business Development. Hills’ appointment will advance the implementation of big the company’s 2020 strategic business plans.
Hills is based in London and joins big xyt’s team from Société Générale. There he launched and built the equities electronic trading business and later became Global Co-Head of Cash Equities Execution covering electronic, program trading and high touch execution.
At his new position at big xyt, Hills will help advance the client innovation through a partnership engagement model. Hills will be responsible for stimulating and popularizing client awareness of the full breadth and depth of the company’s products and services. This will help the clients not only to observe the market, benchmark and analyse their executions, but also in to integrate big xyt’s technology into the firm’s daily workflow for the benefit of their own clients.
The investment industry is undergoing rapid and fundamental change, driven by greater passive investment, falling fees and more regulation. I see scalable, high performance technology and data driven automation as the key to survival and success. big xyt’s Best Execution and TCA off-the-shelf analytics products demonstrate the power of this new architecture.
I am looking forward to working with the team and enabling clients, including exchanges, sell-side and buy-side firms, to leverage the big xyt product portfolio to gain greater insights in support of their investment decisions and execution strategies. We aim to provide high quality, consistent data and sophisticated analytics tools to a broad range of market participants, where access to such capabilities has previously been the preserve of only those with the deepest pockets.
Mark Montgomery commented:
We are delighted to be adding Richard to our team. He has a great reputation amongst our community and brings experience, market knowledge and client trust with him. At a time when we have exciting new content ready for release, he will help us share the benefits of our unique capabilities to a larger cross section of the community.
Robin Mess, CEO big xyt, stated:
Robin Mess
After successfully expanding our product and support teams over the last few years we are excited to have Richard onboard to further increase our opportunities. His enthusiasm and expertise will help accelerate our growth with new clients and also provide additional levels of sophistication.
The company has been collecting granular tick & trade data for several years to help market participants understand the industry landscape and their interactions within it. Exchanges, venues, banks and brokers use big xyt’s products and services as an independent reference for Equity market structure.
Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.