Algomi has appointed Scott Eaton, as CEO, effective immediately.
He will focus on the further commercialisation of Algomi’s suite of fixed income solutions including, the programme Algomi ALFA.
Eaton was formerly MarketAxess’s Europe, Middle East and Africa, COO.
Before working at MarketAxess, Eaton was global head of emerging markets trading with UniCredit and held various leadership roles in credit trading and structuring at ABN Amro, RBS, Deutsche Bank and UBS.
Algomi has also confirmed the appointment of two new board members from the fixed income industry.
Charles Mounts, managing director, global head of research and design at S&P Dow Jones Indices, and James Wallin, senior vice president in AllianceBernstein’s fixed income group have been appointed non-executive directors.
Commenting on his new role, Eaton said: “The opportunity to lead an innovative firm like Algomi through a significant period of both growth and product development is extremely exciting.”
He added: “What I have seen so far in conversations with the team has been very impressive, particularly the work around Algomi ALFA. I look forward to all of us working with our clients to take Algomi to new heights.”
Glen Moore, executive chairman at Algomi, said: “Scott Eaton brings extensive experience of growing technology businesses in fixed income and a proven track record of managing revenue, commercialisation and product development. The Algomi board and I look forward to working closely together with him.”
