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Ben Hurley named CEO to lead Devexperts' growth phase

Thu, 17th Oct 2024

Devexperts has named Ben Hurley as its new Chief Executive Officer, highlighting its strategic direction towards innovation and growth.

Ben Hurley has been with Devexperts since 2022, serving as the Country Manager in Ireland and playing a key role in restructuring the company's operations. With over twenty years of experience in innovation, business process optimisation, and product development, Hurley is positioned to lead the company through its next growth phase.

In a statement, Ben Hurley, CEO of Devexperts, remarked, "We have evolved to the position of strategic partner with many major clients. Our relationships are now far more than just as a product company or a service provider: we work with clients to customize solutions that align with their needs as the industry continues to evolve. Whether through build, buy or hybrid approaches, we focus on connecting our users to financial market opportunities by providing best-in-class technology solutions, including advice from our deep insight into the capital markets sector."

Hurley's vision includes enhancing Devexperts' capability to help firms access capital markets more seamlessly and efficiently. He explained, "We are committed to enabling widespread access to financial markets by expanding our technology offerings to brokers and financial institutions. Devexperts is already doing this, for example by offering fractional stock trading capability on our platforms that enables broader investor participation, and supporting mobile platforms and AI as practical tools for end users. We will continue to explore emerging markets such as Latin America and Asia, while also addressing the needs of mature markets, where we have a long-standing and established presence, such as the US and the UK."

Devexperts remains dedicated to enhancing its market data services and providing a complete suite of trading platforms. These solutions range from SaaS offerings for smaller brokerages to complex systems for large financial institutions, supporting multi-asset trading and bespoke services.

Ben Hurley also acknowledged the company's founder, saying, "Our founder and former CEO, Michael Babushkin, provided a solid foundation for Devexperts' technology and practices, upon which we continue to build the innovative capabilities our clients have come to expect from us. Looking forward, we will continue to do this whilst also continuing to push the limits of innovation. With Michael's ongoing involvement, we are well-positioned to advance our mission and meet the evolving needs of our users."

The transition from Michael Babushkin to Ben Hurley is planned to ensure continuity at Devexperts, with a focus on maintaining current momentum and setting a strong groundwork for future projects. Babushkin will continue to be actively involved, aiding the company's efforts to pursue and capture emerging opportunities.

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