Pivot Taps FX Vet Reich

Pivot Inc., a provider of collaboration software and instant messaging applications for trading, has named Steve Reich managing director of product management and business development, reporting to chief executive John Eley, to help lead it to the next stage of its development, officials say. Reich was most recently CEO of FX Bridge Technologies, prior to which he was co-founder and chief operating officer of foreign exchange ECN Hotspot, and held senior FX trading roles at Barclays Capital

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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