BEDFORD, Mass., March 16, 2016 (GLOBE NEWSWIRE) -- Datawatch Corporation (NASDAQ-CM: DWCH), a leading global provider of self-service data preparation and visual analytics solutions, today announced that Peter Simpson has been appointed vice president of visualization strategy. In this role, Simpson will be responsible for bolstering Datawatch’s visual data discovery business and expanding the company’s leadership position in capital markets.
Simpson brings to the company more than two decades of experience in capital markets, driving technology development and implementing analytical strategies for firms across the globe. He returns to Datawatch after holding compliance technology positions at Digital Reasoning and Deloitte UK. Simpson previously served in a technology and strategy capacity at Datawatch where he applied his expertise in trading and risk analytics. Before that time, Simpson was chief technology officer for Panopticon Software AB, which was acquired by Datawatch in 2013.
“The Datawatch Panopticon solution very early on proved its value to both buy and sell side firms, enabling them to identify, investigate and act on trading and risk anomalies,” said Simpson. “Today, the capital markets field represents the vast majority of our customers for visual data analytics – both on a direct basis and embedded in third-party financial software solutions. I look forward to helping customers optimize their use of our technology to extract maximum insight from their data assets, not only through visualization but also through self-service data preparation.”
Before joining Datawatch predecessor Panopticon, Simpson spent eight years at HSBC Securities within Technology, Equities & Global Research. He has also held positions with companies providing new analytics solutions to trading firms. He holds an MSc in Info Systems Engineering from South Bank University and a BSc in Physics with Space Science & Technology from Leicester University.
“Peter’s in-depth knowledge of our visualization software, as well as his inherent understanding of trading firms’ business requirements, uniquely qualify him to lead the global expansion of our visual analytics platform in capital markets,” said Michael A. Morrison, president and CEO of Datawatch. “In particular, his most recent experience focusing on the growing regulatory impact on trading firms gives him an inside perspective on what capabilities are crucial to the success of our customers.”
About Datawatch Corporation
Datawatch Corporation (NASDAQ-CM: DWCH) enables ordinary users to achieve extraordinary results with their data. Only Datawatch can unlock data from the widest variety of sources and prepare it for use in visualization and analytics tools, or for other business processes. When real-time visibility into rapidly changing data is critical, Datawatch also enables users to analyze streaming data, even in the most demanding environments, such as capital markets. Organizations of all sizes in more than 100 countries worldwide use Datawatch products, including 93 of the Fortune 100. The company is headquartered in Bedford, Massachusetts, with offices in New York, London, Frankfurt, Stockholm, Singapore and Manila. To learn more about Datawatch or download a free version of its enterprise software, please visit: www.datawatch.com.
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