LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has just announced the addition of Ryan Canfield as Lead Product Analyst.
Mr. Canfield will lay the foundation for a team that will manage all product enhancements, working closely with the deployment and client services groups to oversee client requests and determine the most efficient path to making them a reality. Through its web-delivered model and tightly integrated client service, product and technology teams, LiquidityBook’s industry-leading POEMS (portfolio, order and execution management system) platform is ideally suited for the rapid implementation of client-driven development priorities.
Mr. Canfield comes to LiquidityBook from Broadridge Financial Solutions, where he spent seven years after joining the firm following its 2012 acquisition of Paladyne Systems. Most recently he served as Senior Director of Product Management and headed a global team of 40 developers and product specialists. Prior to Paladyne he served as a Senior Business Consultant for Eze Software, working with its hedge fund client base to develop the firm’s long-term strategic product road map.
Sean Sullivan, Chief Revenue Officer at LiquidityBook
Commenting on the hire, Chief Revenue Officer Sean Sullivan said:
More and more, clients are turning to next-generation systems like ours to replace legacy OMS platforms. That typically means considerable work to meet their particular workflow and process needs, which our fully SaaS-based platform can accommodate seamlessly. We’re thrilled to further build out our product group with the addition Ryan, who will lead the way in delivering best-in-class investment management solutions built to match our clients’ unique demands.
Mr. Canfield added:
I’ve spent the better part of my career working with buy-side clients to design and deliver technology solutions crafted to meet their specific needs, but the ability to effect these client-driven enhancements at LiquidityBook is like nothing I’ve previously experienced. I couldn’t be more excited to get started with the LiquidityBook client service, product and technology teams and begin working to provide highly-tailored solutions to our growing roster of users.
According to a May report by industry analyst firm Celent, fully SaaS-based platforms like LiquidityBook’s are the future of investment management technology. The firm has experienced dramatic growth over the past two years, expanding its global client base by nearly 25% in 2017 alone. The firm’s clients run the gamut from emerging managers all the way up to $10B+ funds, with legacy platform displacements at larger fund managers being the largest driver of growth over the past year.