White label exchange provider AlphaPoint has hired former Deutsche Bank Director of Lifecycle Systems Scott Scalf as its Executive Vice President of Development Operations.
AlphaPoint powers digital asset exchanges provides customers with blockchain-enabled solutions to store, track and trade digital assets. Its platform can process close to one million transactions per second. It powers more than 20 digital asset exchanges on five continents.
Mr. Scalf has close to three decades of experience with order and execution management systems, algorithmic execution, real-time position and risk, dynamic trading surveillance, post-trade processing, clearing and settlement and regulatory reporting. His teams have designed and delivered systems for Merrill Lynch, Charles Schwab, Deutsche Bank and other institutions. He holds two patents.
AlphaPoint Founder Joe Ventura explains why that experience is so important in this climate.
“The financial sector is undergoing a profound technological shift as firms and institutions embrace the blockchain and related technologies. More than ever, it’s important that veteran leadership helps drive innovation in the space.”
“With more than 25 years of engineering and management experience, Scott has a deep understanding not only of existing market infrastructure, but of our firm’s vision of what will come next, and he will be key to AlphaPoint’s continued growth.”
Mr. Scalf explains his role.
“World-class FinTech requires both a deep understanding of the domain and outstanding engineering capabilities — and AlphaPoint has both. I am thrilled to be involved at this innovative stage to help the AlphaPoint team build the trusted infrastructure needed to realize the potential blockchain technology, digital assets, and distributed ledgers hold for capital markets and beyond.”