Expands Presence in New York for Enhanced Support and Increased Collaboration with Financial Services Firms
NY, NY—September 8, 2008—Real-Time Innovations (RTI), The Real-Time Middleware Experts, announced today that it has opened a Wall Street office. The office will base operations for a significantly expanded presence in New York City. RTI’s New York office will locate key personnel closer to customers taking advantage of RTI’s ultra low-latency messaging technology in trading applications. This will enhance RTI’s ability to support large deployments and to collaborate with financial services firms in the development of leading-edge low-latency solutions.
"No one understands the value of a millisecond more than RTI," said Stan Schneider, CEO of RTI. "In addition to our success in financial services, RTI’s messaging technology provides the backbone for hundreds of mission-critical defense systems. Lives literally depend on RTI’s ability to deliver torrents of time-critical information quickly and reliably."
"In the defense industry, RTI partners closely with customers to deploy systems that push the state of the art in performance and scale," continued Schneider. "As a result, we are the market leader and we enjoy a 98 percent customer-satisfaction rating. Establishing a strong presence in New York will facilitate our ability to deliver the same level of support, service and cooperative development to the financial services market."
RTI's New York office is located at 14 Wall Street, directly across from the New York Stock Exchange. It includes sales, support, consulting, engineering services, product management and product development. In addition to RTI veterans who have relocated to New York, RTI has added three new hires with deep financial industry experience:
Virginia Myers, director of Financial Services Business Development, brings extensive experience selling software solutions to the financial industry for companies such as BEA, Rogue Wave, Inktomi and Cisco. She most recently managed several of BEA’s major accounts. Virginia will direct RTI’s sales activities in New York.
Henry Sun, director of Financial Services Strategy and Product Management, has more than 25 years of industry experience, most recently from 12 years at Thomson Reuters where he directed product management for real-time market data and data feeds. At RTI, Henry will ensure that clients have the proper product set and guide RTI’s evolving platform and strategy.
Marc Keveles, technical account manager, has extensive experience building, scaling and deploying trading systems for equity and fixed-income markets, pre-and post-trade analytics, co-location, compliance and virtualization. At RTI, Marc will help information technology (IT) personnel leverage RTI’s advantages to build state-of-the-art trading systems. Marc’s 13 years of financial experience include senior positions at Portware, Lava (Citi), Arch Insurance, BondBook and Tullett Prebon.
Henry Sun added, "RTI has a real opportunity in financial services. Its technological lead will translate into a significant competitive advantage for latency-critical applications. I am thrilled to join this exciting enterprise."
Real-Time Innovations (RTI) provides high-performance infrastructure solutions for the development, deployment and integration of real time, data-driven applications. RTI’s messaging, caching, Complex Event Processing (CEP) and visualization capabilities deliver dramatic improvements in latency, throughput and scalability while slashing cost of ownership. The company’s software and design expertise have been leveraged in a broad range of industries including defense, intelligence, simulation, industrial control, transportation, finance, medical and communications. Founded in 1991, RTI is privately held and headquartered in Sunnyvale, CA. For more information, please visit www.rti.com.
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