big xyt

big xyt Snatches SocGen Veteran as Head of Client Engagement

big xyt - Client Engagementbig xyt has appointed Richard Hills as Head of Client Engagement to accelerate the implementation of the firm’s 2020 strategic business plans, driving innovation using a partnership client engagement model.
Based in London and working alongside Mark Montgomery, Head of Strategy and Business Development, Richard Hills will be promoting client awareness of the full breadth and depth of big xyt’s products and services, increasingly integrating its technology into the firm’s daily workflow for the benefit of their own clients. Clients will also have the opportunity to observe the market, benchmark and analyze their executions.
Richard Hills joined the independent provider of market data analytics from Société Générale, where he launched and built the equities electronic trading business and became Global Co-Head of Cash Equities Execution encompassing electronic, program trading and high touch execution. He worked at SocGen for more than 18 years.

Mark Montgomery, Director of Strategy & Business Development at big xyt
Mark Montgomery, Director of Strategy & Business Development at big xyt
“The investment industry is undergoing rapid and fundamental change, driven by greater passive investment, falling fees, and more regulation. I see scalable, high-performance technology and data-driven automation as the key to survival and success. big xyt’s Best Execution and TCA off-the-shelf analytics products demonstrate the power of this new architecture”, said Richard Hills, Head of Client Engagement at big xyt. “I am looking forward to working with the team and enabling clients, including exchanges, sell-side and buy-side firms, to leverage the big xyt product portfolio to gain greater insights in support of their investment decisions and execution strategies. We aim to provide high quality, consistent data and sophisticated analytics tools to a broad range of market participants, where access to such capabilities has previously been the preserve of only those with the deepest pockets.”

Mark Montgomery, Head of Strategy and Business Development at big xyt, said: “We are delighted to be adding Richard to our team. He has a great reputation amongst our community and brings experience, market knowledge and client trust with him. At a time when we have exciting new content ready for release, he will help us share the benefits of our unique capabilities to a larger cross-section of the community.”

Robin Mess, Chief Executive Officer of big xyt
Robin Mess, Chief Executive Officer of big xyt

Robin Mess, CEO big xyt, commented: “After successfully expanding our product and support teams over the last few years we are excited to have Richard onboard to further increase our opportunities. His enthusiasm and expertise will help accelerate our growth with new clients and also provide additional levels of sophistication.”

big xyt provides exchanges, venues, banks and brokers, an independent reference for Equity market structure. Its Transaction Cost Analysis allows venues, buy-side, and sell-side firms to flexibly analyze their global execution process, differentiating their capabilities and demonstrating their contribution to the performance of their own clients.