big xyt, an independent provider of smart data and analytics solutions to the global trading and investment community, has added Philip Barnes to the firm’s executive team as Managing Director, Head of Business Development in Asia Pacific.
Navigating fragmented markets remains a challenge for participants needing easily digestible information on trading analysis. The big xyt data analytics platform responds to these market challenges, and provides clients access to independent, accurate, and transparent data, transforming their trading performance and analysis, and reducing the complexity and costs of their technology and operational requirements.
big xyt’s tick data analytics platform covers more than 120 trading venues (including exchanges in Australia, Japan, Hong Kong, and Singapore), across Equities, ETFs, FX, Futures and Options. The firm’s unique technology normalises trade conditions of venues allowing consistent aggregations of trading volumes, comprehensive analysis, and delivery of results in a flexible and customisable format.
During his 25 year career in Asia covering strategy, business development, and new business sales to the global financial community, Philip has contributed to the success of major international firms such as Thomson Financial, Sungard, Broadridge, Fidessa and NYSE Euronext. His network and experience in Asia are key in accelerating big xyt’s growth in the Asia Pacific region, and his appointment follows soon after the firm’s announcement of Jenny Chen’s appointment in New York, USA, to service the North American market.
Barnes says: “I’m delighted to join the excellent and highly skilled team at big xyt. I have been watching their rapid growth over the past few years and have been impressed to see the Liquidity Cockpit and TCA (execution analytics) solutions being adopted by leading exchanges and Tier 1 firms across Europe and the US.” He continued “I’m looking forward to driving expansion in the Asia Pacific region and introducing these advanced solutions to my network. I believe big xyt is well positioned for excellent growth in the years ahead as the leading data analytics and execution analysis solution for the global trading community.”
Robin Mess, CEO and Co-founder of big xyt, says: “I’m pleased to welcome Philip to our team. During his career Phillip has gained invaluable experience in the financial services industry and his Asia Pacific market knowledge and network will be of tremendous value to big xyt as we continue to expand internationally, and as we develop our global capabilities in partnership with our clients further.”
Barnes joins big xyt from Amaggio Partners where, as Founding Partner and Chief Commercial Officer, he established a strategic business development and management consultancy servicing the Asia Pacific region, with the objective of advising and assisting companies to add critical core business processes, develop, implement and execute strategic growth plans, and raise venture capital.
Prior to that, Barnes held several senior Asia Pacific management positions. At NYSE Euronext he was Head of Global Derivatives Business Development and before that, Head of Sales for Fidessa, and Head of Sales for Sungard GMI. Philip was relocated to Singapore from London in 1995 by Thomson Financial where he was regional Managing Director for the Global Markets business.
big xyt has historically been recognised as a European data analytics partner; these international appointments, coupled with some large developments soon to be announced on their global coverage and capabilities, are putting the firm on the map as a major global player in the data analytics and execution analytics space.