SAN FRANCISCO, Aug. 8, 2017 /PRNewswire/ -- Today 280 CapMarkets TM announced the appointment of one of its founders, Prescott Nasser, as Chief Technology Officer.
Mr. Nasser has an exceptional history of delivering innovative technologies to financial markets. Leveraging early studies at UC Berkeley and Stanford focused on economics and cognitive science, with specialization in artificial intelligence and computer science, he brings unique and valuable approaches to hard industry problems.
Mr. Nasser and his team of fintech developers are building a better way for wealth advisors to invest in bonds. He leads the cloud software and network design for 280 Technologies, a wholly-owned subsidiary of 280 CapMarkets, with the focused goal of improving bond price transparency and trade execution.
"Prescott has a strong background and deep experience in capital markets and financial services technology systems," said Gurinder S. Ahluwalia, CEO of 280 CapMarkets. "Prescott's passion for solving business challenges and opening system designs can also be seen in his role as Vice President at the open-source Apache Software Foundation. For 280 Technologies, he has assembled an impressive team of seasoned developers and technologists and we are excited to have him drive our technical vision and implementation."
"With financial market regulatory changes and the explosion of data feeds, there's a fantastic opportunity to build a platform to significantly improve the advisor's investment experience for the benefit of their clients," said Nasser. "I am extremely excited to be teaming with my deeply experienced co-founders to bring a fresh perspective to capital markets."
280's new technology will enter a beta cycle this summer, enabling investment professionals and advisors to access, transparently view, and curate fixed income offerings.
About 280 CapMarkets
280 CapMarkets is headquartered in San Francisco and combines the experience and execution services of a traditional Broker Dealer (280 Securities LLC, a member of FINRA/SIPC) with a cloud-based Technology platform (280 Technologies LLC) to provide intuitive bond trading ideas and transparency to the process of buying or selling bonds. 280 is focused on serving Advisors and Wealth Managers and will use their balance sheet to provide liquidity to advisor-clients in the fixed-income markets. To learn more, please visit 280capmarkets.com and for advisors seeking access to Bond Navigator™ please indicate interest - by Requesting Beta.
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SOURCE 280 CapMarkets