Exegy, Vela, and Enyx have merged to form a unified brand, creating a powerhouse in the trading technology space. Exegy, a leader in low-latency market data solutions, hardware acceleration, and predictive signals, had previously merged with Vela Trading Systems, known for its multi-asset data and execution technology. This strategic alignment allowed Exegy to expand its product suite and global reach, serving a broad range of clients in the financial services industry.
In a significant move, Exegy also acquired Enyx, a leading provider of FPGA-based (Field Programmable Gate Array) low-latency trading solutions, further enhancing its portfolio. This merger brings together expertise in market data distribution, trading platforms, and ultra-low latency technology, creating a comprehensive set of solutions designed to meet the needs of financial firms across the globe.
The new brand aims to provide seamless, end-to-end trading infrastructure, combining the strengths of Exegy’s hardware-accelerated products with Vela’s execution and data services, and Enyx’s FPGA technology. This integration is expected to deliver faster time-to-market and greater flexibility for trading firms, ensuring they stay competitive in the fast-evolving market landscape.
Yewande Sobola and Thomas Gallo joins Exegy from Pico
Additionally, the provider of market data and trading technology for the capital markets appointed Yewande Sobola and Thomas Gallo to spearhead its Client Success Initiative.
The program’s main goal is for Exegy to become an extension of clients’ technology and operations teams, enabling them to achieve better business outcomes than they could on their own. The two new senior team members are a crucial part of Exegy’s leadership team and are overseeing the optimization of global support and delivery functions as part of the client success initiative.
David Taylor, CEO of Exegy, said: “The successful integration of three major capital markets technology players into one company is an accomplishment not to be underestimated. We brought together not only the technology, but also the cultures and processes that enable us to bring the most value to our clients. We are delighted to have Yewande and Tom on our team to maximize value delivery to our clients. To mark this achievement, we are rolling out a new look and feel of the brand, which embodies the unification of the three companies – Exegy, Vela, and Enyx.”
Yewande Sobola, Global Head of Solutions Consulting, joins Exegy after 15 years in the trading technology space, including roles as a Senior Network Engineer at G-Research, Network Engineer at Trading Technologies, and most recently spent six years as Executive Director of Sales Engineering at Pico.
Thomas Gallo, now Vice President, Head of Client Success, joins Exegy from Pico where he was Vice President of client Success Management & Delivery for over three years. He previously held roles at ITG and Virtu Financial.
