Deltix Appoints Stuart Farr as President

Tuesday, April 13, 2010 at 5:34PM

Deltix today announced that Stuart Farr has joined the company as president.

Farr was CEO and co-founder of Beauchamp Financial Technology, the specialist provider of software and services to hedge funds. Beauchamp, which built up a global client base of hedge funds, was sold to Linedata Services in 2005.

“I am delighted to join Deltix. The company has exceptional technology, a very talented team and is in an expanding market sector.” said Farr. “Deltix already has a very strong product offering and a significant client base. I am excited to build on this foundation and help grow the company.”

“We are very excited that Stuart Farr is joining us. With extensive experience of the buy side finance industry and in building a financial technology company, Stuart is ideally placed to help us expand. The demand for advanced alpha generation and automated trading software is increasing and Stuart will help us to grow to meet this demand. ” said Ilya Gorelik, CEO of Deltix.