NEW YORK, Feb. 14, 2017 /PRNewswire/ -- Babelfish Analytics, the only unconflicted, independent provider of venue routing and analytics, has announced the hire of Mitch Pineault as Head of Business Strategy to drive the firm's expansion. In his new role, Mr. Pineault will be responsible for new business development, brand marketing, and creating strategic partnerships. Mr. Pineault has spent the past 16 years building products to make the markets more transparent, most recently producing innovative trading solutions at Pragma/Weeden. Prior to Pragma/Weeden, Mitch was a founding employee at Liquidnet.
"We are thrilled to welcome Mitch to Babelfish Analytics," said Linda Giordano, Babelfish Analytics Co-Founder and CEO. "The demand for unconflicted venue and routing analytics has skyrocketed. Mitch has a remarkable industry outreach and entrepreneurial spirit. He will deliver our products to investment managers that want to trade more efficiently, plan sponsors that want to verify that their investment managers are using best practices, and brokers that want to offer better algo product to their clients."
"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
SOURCE Babelfish Analytics