TMCnet News

Tradeware Systems Names Henry Mayorga as Director of Operations
[October 12, 2004]

Tradeware Systems Names Henry Mayorga as Director of Operations

NEW YORK --(Business Wire)-- Oct. 12, 2004 -- Former Executive for Lehman Brothers and NeubergerBerman Will Oversee Company's Global Trading Technology Network

Tradeware Systems Corp., a privately-owned provider of Financial Information eXchange (FIX)-based electronic order management systems and direct market access trading connectivity solutions, today announced that Henry Mayorga has been named the Company's director of operations. He will oversee a team of 10 operations specialists involved in network integration between Tradeware and its customer sites around the world, and will be responsible for the Company's data centers in New York and London.

Prior to joining Tradeware, Mayorga served as vice president of networking engineering for Lehman Brothers, where he was responsible for engineering design and third level support for the Firewall Engineering, Wireless Engineering and Network Management groups. Before that, he worked for 11 years at NeubergerBerman, Inc., most recently as vice president of networks. In that role, he planned and designed the deployment of a dark fiber network between data centers, as well as planned and initiated creation of a metropolitan Sonet ring. Mayorga also served as NeubergerBerman's manager of infrastructure and LAN manager. He received a degree in computer science from Columbia University and holds several certifications including Certified Network Analyst, MCSE and CNE.

"Henry is the ideal operations executive, combining big-company experience with an entrepreneurial spirit," said Kerry Smithers, Tradeware's chief executive officer. "He understands what it takes to design, implement and maintain a global network. More importantly, he has the energy, vision and competitive drive to ensure that our service uptime is the best in the industry."


Said Mayorga, "Tradeware is a nimble company with leading-edge technology and experienced management. The company's expansion into the cross-border exchange and settlement business earlier this year reflects Tradeware's commitment to new global opportunities. I am delighted to be part of this exceptional team."

About Tradeware Systems

Founded in 1993 and located on Wall Street, Tradeware specializes in flexible FIX-based equity order management systems, FIX connectivity solutions, and full front-to-back office integration and compliance reporting services. Tradeware's open platform provides connectivity for approximately 95 percent of the buy side and all major U.S. listed and OTC marketplaces. Tradeware currently handles about seven percent of NYSE daily volume. The Company's service bureau business model offers customers the much sought-after benefits of trading neutrality. More than 250 brokerage firms and institutional investors around the world rely on Tradeware's products and connectivity services. For more information, visit Tradeware's website at www.tradeware.com.

[ Back To TMCnet.com's Homepage ]