Vela has announced that Scott Visconti has joined as CTO, focusing on technology strategy, supporting growth, and the next stage of development of Vela’s product stack, services, and processes.
Scott will be based in Vela’s headquarters in New York, reporting to CEO Jennifer Nayar. He will lead the global development team and work alongside the executive team to cement the firm’s position as an innovative and transformational leader.
Jen commented, “We are delighted that Scott has joined Vela. Having Scott as part of our executive team underpins our focus on hiring high-caliber leaders to deliver quality technology solutions for our global clients.” Adding, “Scott is a highly-accomplished technology executive with a wealth of experience across multiple asset classes, a keen interest in mentoring and motivating cross-functional teams, and a determination to deliver new products and services. He is a well-known and respected technologist in our industry and brings deep knowledge and expertise in areas including trading technology, risk management, and data analytics. We look forward to working with Scott and are excited about the contributions he will bring to Vela.”
Scott said, “Vela has a unique position in the marketplace and a reputation as being agile and forward thinking. I am pleased to be joining the company at this very exciting time and I look forward to working with the team to leverage the latest innovations in technology to deliver cutting-edge performance, features and reliability.”
Prior to Vela, Scott co-founded MarketOpen, a startup data analytics platform providing ongoing trading surveillance in stocks, exchange-traded funds, equity options, futures and crypto assets for investor relations and market professionals. During his tenure at ICE/NYSE, he was Vice President and Head of NYSE Group Technology, where he managed Development, Quality Assurance, Project Management Office, Capacity Management and IT Compliance functions. Scott has also held senior roles at firms including BNP Paribas, Credit Suisse and S&P Comstock. Scott holds a Master of Science in Electrical Engineering from Polytechnic University and a Bachelor of Engineering from Manhattan College.
This appointment follows on the heels of several recent client-focused new hires including Ahmed Heikal, who joins from GAIN Capital Group as Product Manager, and Jim Maguire, who served in multiple capacities during his 18-year tenure at ICE/NYSE and joins Vela as Account Manager. Ahmed and Jim are also based in New York.