NEW YORK, Sept. 11, 2014 (GLOBE NEWSWIRE) -- Liquid Holdings Group, Inc. (Nasdaq:LIQD), a provider of a single cloud-based platform that integrates real-time order, execution, and risk management with reporting and shadow NAV for the financial services community, today announced the appointments of financial services industry veterans Jeremy Shaw, Richard Boesch and Isaac Babani to Senior Financial Engineers in the firm's risk analytics team.
"Our new additions collectively bring a higher level of risk analytics expertise to our team," said Bruce Cooper, Chief Technology Officer at Liquid Holdings. "Today, our clients are benefitting from a single view of real-time performance and risk, side-by-side broker neutral execution, and compliance capabilities. These are key differentiators for Liquid. Jeremy, Richard and Isaac are hard at work building additional asset-class coverage in our OERMS, which will enable us to stay ahead of the market, while addressing our clients' current and ongoing requirements."
Jeremy Shaw joins Liquid after serving as a senior risk consultant with the firm, providing quantitative analytics, business analysis and project management for the risk analytics engine in the Liquid platform. Prior to consulting, Shaw was a Principal Investment Analyst with Flagstone Finance, where he led portfolio and risk management for the firm's fixed income, equity and commodity strategies. He also held quantitative macro analyst positions with Soros Fund Management and Nexus Research Corp., and served as Vice President with Lehman Brothers. Shaw earned his Bachelor of Science degree in physics and Masters of Science in physics from the University of Canterbury in Christchurch, New Zealand, and a Ph.D. in theoretical condensed matter physics from the University of Cambridge in the United Kingdom.
Richard Boesch brings more than 20 years of industry experience in derivative pricing and risk modeling across a variety of asset classes, including equities, fixed income, foreign exchange and commodities. Most recently, he served as Chief Risk Officer at T3 Companies, where he designed and built tools to monitor and mitigate financial and operational risks across the organization, while overseeing risk for the firm's equity hedge fund strategies. Prior to this, Boesch held senior positions at SunGard and SolArc designing and building commodity derivative pricing tools and risk engines servicing global corporations, banks, hedge funds and commodity trading firms. In addition, he was Chief Risk Officer of Assent, SunGard's equity trading broker-dealer. As Director of Deutsche Bank and Credit Suisse, he created pricing tools for a wide range of new derivatives across different asset classes and oversaw the modeling in New York toward the close of the 1990s. Boesch earned Bachelor of Arts degrees in Mathematics and Physics, as well as a Ph.D. in Theoretical Condensed Matter Physics from Boston University.
Isaac Babani brings more than 13 years of experience within quantitative analysis, trading and risk management. He has served in a variety of management roles, including Vice President of Quantitative Finance for Bank of America, where he was responsible for the development and implementation of trading strategies and risk management tools. While at Bank of America, Babani built and implemented a hedging tool to validate system-generated risk analytics to construct an optimal series of portfolio hedge trades. Babani received his Bachelor of Arts degree in finance from University of Illinois and a Master's in Business Administration in computational finance from Loyola University in Chicago.
About Liquid Holdings Group
Liquid Holdings Group, Inc. (Nasdaq:LIQD) is a cloud-based technology and managed services provider to the global hedge fund and active trading markets. Liquid's solutions are delivered efficiently and securely through the cloud in a SaaS model. The Liquid platform was purpose built to manage the entire trade lifecycle by seamlessly integrating multi-currency, multi-asset trade order management and execution with real-time risk, portfolio management and shadow account reporting through a single solution. The Company offers the Liquid platform or any of its components on a subscription basis to hedge fund managers, asset managers, family offices and financial institutions worldwide. Liquid was recently named 2014 Best Global Risk Management Software Company and Best USA Global Risk Management Software Company by the readers of Hedgeweek, as well as 2014 Best Cloud Provider and Best Fin Tech Operations Startup by FTF News.
Headquartered in New York City, Liquid Holdings Group was formed in 2012. For more information, please visit www.liquidholdings.com.