LiquidityBook has announced the addition of Les Vital as Head of Technical Sales. The appointment comes as demand accelerates for its POEMS (portfolio, order and execution management system) platform, with clients across the Americas and Europe turning to LiquidityBook to help reduce TCO (total cost of ownership), improve efficiency and meet increasing regulatory compliance demands including MiFID II.
Mr. Vital, who brings over 15 years of capital markets experience, will work hand-in-hand with LiquidityBook’s sales, onboarding, product management and development teams as the firm helps clients with unique needs cope with today’s rapidly evolving market demands. He will report directly to Sean Sullivan, Chief Revenue Officer.
Mr. Vital joins from Broadridge Financial, where he spent six years as a project manager in its investment management solutions business, working in both New York and London on complex client implementation projects. Prior to that he served in Eze Software’s business consulting group, ultimately leading a team that specialized in hedge fund implementations. He began his career at Morgan Stanley, working as both an operations and trading analyst.
LiquidityBook has grown rapidly over the last 18 months, as 2016 saw the firm set records for revenue, client wins and system volume. In addition, LiquidityBook has onboarded 17 new clients since last July, including Crow Point Partners, Pier 88 Investment Partners, Solstein Capital and Zeo Capital Advisors.
Commenting on Mr. Vital’s appointment, Mr. Sullivan said: “We’ve seen demand surge for our platform, and adding high-caliber individuals is imperative to meeting it. Les brings a tremendous amount of knowledge and experience around investment management technology implementations, and we’re very excited to welcome him to the team. I’ve worked directly with him for many years, and know that he will help us enhance the reputation for extremely high-quality customer service for which we’ve become known.”