Vhayu Appoints New Director of EMEA Sales to Support European market growth

Vhayu has appointed Tim King to the position of director of sales for Europe, Middle East and Africa (EMEA) to support strong company growth in the region. With three European customers acquired in the first half of 2008, the appointment extends the London-based sales and services team and allows Vhayu to respond to increased market demand in the region. The additions to Vhayu’s European client roster include financial institutions in the United Kingdom and Spain and a mortgage provider in Denmark.“With the massive increase in market data volumes, fragmentation in liquidity accelerating the shift to electronic trading and new compliance requirements, all demanding systems capable of supporting this surge in data, there is an even greater need for financial services firms to look at how they process and store vital tick information,” says Shanti Dev, president at Vhayu. “Vhayu continues to deliver best-in-class solutions in this environment, and we are seeing half of our business originating in the EMEA region. Tim is an important addition to our team, and we look forward to building on this success together.” Read more news from Vhayu here