NEW YORK, March 18, 2013 (GLOBE NEWSWIRE) -- Liquid Holdings Group, LLC ("Liquid"), a provider of SaaS-enabled trading, risk and fund accounting systems to the hedge fund market and the financial services community, today announced the addition of Robert O'Boyle, an accomplished senior executive and 20+ year veteran of the financial services industry, as Executive Vice President of Sales and Marketing.
"We are pleased to add an executive with a tremendous track record in delivering mission critical software and technology to the investment management community," stated Liquid CEO Brian Storms. "Robert's success driving market adoption and strategic partnerships for a market leader will be a key asset to Liquid Holdings as we continue to expand and grow our business. Attracting someone with Robert's depth of experience and talent to bolster our senior management team validates both our business model and our product offerings."
"Liquid's innovative cloud-based platform and differentiated risk and institutional fund management system are uniquely positioned and aligned with what asset managers need today," said O'Boyle. "The technology has the potential to be a game changer for the financial services market. I am eager to play my part in driving business development, marketing and growth strategies for the company."
Since commencing operations in April 2012, Liquid has attracted more than 70 hedge fund managers to its proprietary, software-as-a-service (SaaS)-enabled technology that seamlessly integrates trading, risk management, accounting, reporting and administrative tools in real time, delivered through its cloud-based platform. Liquid's proprietary risk and institutional fund management system was founded by financial services veteran and former NYMEX Chairman Richard Schaeffer, and financial technology veteran and former Partner and Managing Director of ECHOTrade Brian Ferdinand.
About Robert O'Boyle
O'Boyle, (46), brings over twenty years of business development and marketing leadership experience in the financial services industry. Most recently, O'Boyle held several senior roles at Advent Software, including Vice President of Solutions Marketing, Business Development and Sales for Advent's Asset Management Group. As Vice President of Product Marketing and Product Management of Advent's Global Accounts Division, O'Boyle oversaw product strategy and positioning of Advent's global asset management and hedge fund accounting system. Previously, O'Boyle led software and service development at Transcentive. O'Boyle holds a bachelor's degree from the University of Connecticut.
About Liquid Holdings Group
Liquid Holdings Group, headquartered in New York City with offices in London, was formed in January 2012 by financial services industry veteran and former NYMEX Chairman Richard Schaeffer, and financial technology veteran and former Partner and Managing Director of ECHOTrade Brian Ferdinand, and commenced operations in April 2012. The Company has developed and provides proprietary next generation software technology that seamlessly integrates trading, real-time risk management, accounting, reporting and administration tools in a single integrated platform for hedge funds and the broader financial services community. Liquid's current and prospective customers include small to mid-sized hedge fund managers, asset managers, wealth management offices, family offices and financial institutions. The Company delivers its technology efficiently, quickly, and securely as a Software-as-a-Service, or SaaS, solution through the "cloud," or as a software installation on customer's premises. The advanced feature set of Liquid's platform includes customizable and rapidly deployable multi-asset class trading software coupled with real-time risk management, accounting and reporting capabilities. For more information, please see www.liquidholdingsgroup.com.
Source:Liquid Holdings Group, LLC