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Alveo Appoints Research and Design Chief to Shape Future Product Development

Alveo Sales Team

Alveo, the leader in providing proven, high-performance systems for financial data management, announces the appointment of Mark Hermeling to the position of Chief Technology Officer (CTO) based in London.

As CTO, Hermeling will be responsible for the overall leadership of Research and Development at Alveo, working closely with Product Management and Customer Services. Hermeling will play a major role in the future of product development within the company and Alveo’s push into new technologies thanks to his extensive data management technology experience and knowledge of the financial services domain. Mark held senior positions at SunGard and Accenture as well as at different emerging fintech companies.

The appointment comes at a pivotal time for the company as it rolls out its newly launched cloud-deployed data analytics, exploration and processing platform, Alpha.  Hermeling will spearhead Alveo’s further development into the full spectrum of data management, from ingestion and mastering to data exploration discovery and analytics, as the company explores new use cases in operations, valuation and risk data.

“It is a really exciting time to join Alveo. The company has a great customer base and works with powerful new technologies,” comments Mark Hermeling. “I look forward to working with the team to build out our operation and find innovative ways in which we can help firms streamline their data infrastructure to improve efficiencies and meet new business requirements.”

“Alveo is investing heavily in new products and technology and Mark’s experience and understanding of data management challenges within financial services are second-to-none”, says Mark Hepsworth, CEO, Alveo, “ Clients’ data management requirements are expanding rapidly and Mark will be central to our efforts to innovate solutions such as Alpha to meet these requirements.”

About Alveo

Alveo is the leader in providing supremely reliable, high performance systems for the management of financial data. Helping financial organisations deliver high-quality reference, market and risk data to the people and applications that need it. Whether it is for regulatory compliance, portfolio valuation, or risk management, we deliver data with unequalled efficiency, transparency and integrity. For more information visit: https://www.alveotech.com/