Arcontech appoints David Anderson as Director of Sales and Marketing

11 December 2009

Arcontech Group Plc, the real time market data technology specialist, announced today that David Anderson has been appointed as Director of Sales and Marketing. Andrew Miller, CEO of Arcontech said “David is a highly qualified and well known executive from our industry and will help accelerate our success, both in Market Data Systems and in the rapidly developing Spread Betting and CFD solutions business”.

Anderson’s appointment follows the injection of £1.5 million of capital into Arcontech Group Plc in September 2009 and the commitment To provide further support for our sales and marketing drive as described by Chairman Richard Last in his report for year ended 30th June 2009.

David Anderson said “This opportunity gives me a chance to help a company I have known for many years achieve its true potential” he went on to say “Arcontech has technology that they can be truly proud of but more than that it is made up of people that I trust and respect and, importantly, who are respected and trusted by our industry as well”

Anderson will maintain his involvement in the Software & Information Industry Association’s FISD Certification program which has attracted so much interest and support in the market data industry. Miller said “Arcontech is a keen supporter of this FISD initiative and we feel it is helpful to the industry for David to remain involved in the next few critical months”. Tom Davin Managing Director of the Washington DC based FISD (a division of the SIIA) added “FISD wishes David all the best in his new role at Arcontech and we are very glad that both he and his new employer Arcontech want to continue their very tangible support of the FISD Certification initiative”.

Anderson has a substantial track record in the Market Data and Financial IT markets; starting as a sales executive with Telerate in 1984 and including 13 years with Reuters - the first four in a sales capacity and around 9 years; initially heading up product marketing for TRIARCH (Reuters original market data system) in the UK and then in the last 3 years working within Reuters international strategic marketing group focussed on RMDS. Since 2002 Anderson has acted as a strategic marketing and industry consultant to a range of market data and technology companies as well as becoming a respected and widely read analyst and commentator on the industry.

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