"Clarity is the most innovative and necessary product that has been brought to market in a long time," said Mr. Pineault. "An effective routing strategy is paramount to achieving optimal performance and Clarity helps traders understand what makes their algos tick and how to make them work better. I'm excited to help transform the industry with the groundbreaking analytics built into Clarity."
Additionally, Babelfish Analytics has hired Ian Weisberger as Vice President of Engineering to lead its technology effort. Mr. Weisberger has spent several years as a lead technologist at several startup firms. Ian brings a wealth of systems architecture design expertise to the Clarity technology effort.
"Ian has an exceptional track record in systems design and we are pleased to have him working with us," stated Jeff Alexander, Babelfish Analytics Co-Founder and President. "Hiring Ian is an important step in our effort to bring the Clarity product global, and to continue our drive to expand into alpha-profiling and more traditional TCA compliance services."
About Babelfish Analytics
Babelfish Analytics is the only unconflicted provider of venue and routing analytics for the equities markets and offers its' Clarity product to investment managers, plan sponsors, and brokers. Clarity measures the efficiency of routing and venue selection. Babelfish Analytics was formed when it spun out of Tabb Group in January 2017. The new firm is wholly owned by its' employees and remains independent, free of conflicts that firms that own dark pools, or create algorithms and routers would have should they attempt to analyze their own or competitors' products. For more information, visit www.babelfishanalytics.com.
Mitch Pineault, Head of Business Strategy
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SOURCE Babelfish Analytics