Nirvana Adds 20+ Years of Experience in Former Advent Product Architect, Scott Scherr
Scott brings a new dimension to Nirvana Solutions as Head of OMS Development
NEW YORK, April 9, 2015 /PRNewswire/ -- Nirvana Solutions hired a former Advent and Investcloud star to lead their OMS product initiatives, further adding senior caliber towards their highly anticipated 2015 Enterprise release expected in late April.
Scott Scherr will be responsible for:
- Enhancing the firm's trade order management system capabilities
- Expanding adoption of the firm's trading software services for the buy-side.
Nirvana plans to deploy extensive SWAP functionality into their OMS engine this quarter, as well as Trade Cost Analysis (TCA) and broker-enabled algo trading capabilities. Scherr's background will play an integral role to Nirvana's forthcoming OMS functionality roadmap.
"The addition of Scott to our Product Development team was an extremely important play for us, as we've made earnest efforts to bolster our OMS capabilities and add senior caliber to our management team. Scott's wealth of experience and industry knowledge has already surfaced valuable results. We view his appointment as a deep sign of commitment to being the leading portfolio software company in our industry. I'm confident Scott will play a key role in developing and implementing high quality solutions for our clients." –Shams Karim (Founder & CEO)
Scherr is a veteran of the financial software industry with over twenty years of expertise in the design of trading, compliance, and accounting solutions. He brings valuable experience working with a wide variety of asset management firms including complex hedge funds, global asset managers, mutual funds and registered investment advisers. Scott spent 17 years at Advent Software an industry leading provider of investment management solutions. As the Vice President of Product Development he managed Advent trading, compliance, and settlement business which generated $35 million per year in revenue. Reporting to the CTO he had budgetary and management responsibilities for a department of forty-five which included software engineers, tier 3 support reps, business analysts and quality assurance testing.
Nirvana™ Solutions was founded in 2007 to deliver the Financial Sector's first cloud-based portfolio management system built around the Financial Information Exchange (FIX) protocol.
Nirvana is a New York based financial software company that provides real-time portfolio management solutions to hedge funds, CTA's prime brokers, and fund administrators.
For more information, and to learn about the problems we solve, click here
SOURCE Nirvana Solutions
Related Links
http://www.nirvanasolutions.com
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article