Electronic trading technology company CFH Systems has appointed two regional directors to support its growth plans in Eastern Europe. Alexander Stanovoy, a former Director at Alpari (RU) joins the organisation as Regional Director of Russia, and Lukasz Paszkiewicz, former CEO at First International Traders Dom Maklerski joins as Regional Director in Poland.
This direction is congruous with CFH Group’s brokerage firm CFH Clearing which recently stated its intention to expand service into the ever expanding Russian market with plans to double its business from Russia by the end of 2014 following a significant rise in interest from major banks and brokers in the region since the launch of its ClearVision suite of products.
At Alpari in Russia, Alexander Stanovoy was responsible for business development, sales and marketing. He was also a member of the Supervisory Council on Economic Affairs.
Lukasz Paszkiewicz is similarly highly experienced, having been Chairman of the Management Board at First International Traders Dom Maklerski for almost nine years. He joins CFH Systems with in-depth knowledge of local compliance issues, risk management systems and a proven track record in sales in both Poland and the Czech Republic.
Both Regional Directors have been appointed to build a stronger presence for CFH Systems in their respective regions, capitalising on the growing interest in the ClearVision suite of products – a single solution which provides all the tools required to manage an increasingly complex business with multiple trading platforms, liquidity providers, back office systems and risk books.
Ole Rossing, Executive Director of CFH Systems Denmark comments, “I am delighted to appoint Alexander Stanovoy and Lukasz Paszkiewicz in these newly created roles as Regional Directors. They both come with a wealth of experience and invaluable local market knowledge.
“Eastern European countries are currently under the spotlight from geopolitical, financial and regulatory standpoints. We have developed sophisticated platforms, extensive risk management tools and robust clearing (PoP) solutions that will help support any changes in these key markets. We are experiencing significant interest in our ClearVision solutions from reputable brokers in Eastern Europe and I am confident that Alexander and Lukasz will both play key roles in helping us to achieve our ambitious expansion plans.”
Alexander Stanovoy adds, “CFH Systems is developing rapidly and offers outstanding technological solutions for brokerages and banks of all sizes. I’ve been monitoring the organisation’s growth for a number of years and am thrilled to have the opportunity to join the team.”
Lukasz Paszkiewicz comments, “My decision to join CFH Systems was simple – the company has an impeccable reputation amongst clients and competitors. Its technology solutions are second to none.”
Photograph: Left:Lukasz Paszkiewicz, Regional Director for Poland, CFH Systems. Right: Alexander Stanovoy, Regional Director for Russia, CFH Systems.