Trading Apps welcomes Matthew Harrison back to the firm as CEO after a three-year spell at BNY Mellon.
In 2018, Harrison joined BNY Mellon as a managing director in the securities lending division, supporting its purchase of Trading Apps software which targeted enhanced price discovery, reporting and analytics for its agency securities lending business through integration of securities finance market data and automated algorithmic execution.
Following this transaction, Harrison, Jeff Lloyd and eight other Trading Apps staff joined BNY Mellon’s UK office for a “compelling strategic opportunity”. At this point, Laura Allen was promoted to Trading Apps’ managing director.
Harrison founded Trading Apps in 2011 where, after eight years with the firm, he stepped down to non-executive director during the first year of his term with BNY Mellon.
His career spans three decades in this industry sector, working previously at Lehman Brothers, Credit Suisse and Deutsche Bank. In 1998, he founded Real Time Financial Management, where he developed the Martini system that was subsequently purchased by Sungard (now FIS) and renamed ‘Apex’.
Harrison joined Rule Financial as director in 2008 and this eventually led to him co-founding Trading Apps in 2011.
Allen has elected to move on from the business and the team at Trading Apps, who have thanked her for “brilliant service to their company”, noting that she set a high standard across the company, improving the firm's product range and launching new initiatives within the business.
The next chapter of Trading Apps will see more innovation within their products, with plans to incorporate additional machine learning within their automation products and a continued focus on customer service.
