In The News
Recent press coverage about, or mentioning, Caplin:
Caplin Systems, e-distribution specialist, is pleased to announce the appointment of John Ashworth as Chief Executive Officer, with immediate effect. He succeeds founder, Paul Caplin, who remains on the Board as Executive Chairman. Ashworth joined Caplin as Chief Operating Officer in February 2014. An experienced leader of fintech businesses, he was part of the management team of FXall during its listing on NYSE and subsequent sale to Thomson Reuters. He was previously CEO of FENICS Software and a non-executive director of Apama. Of the appointment Paul Caplin says, “The Board and I have been impressed by John’s enthusiasm for the business and his vision for its future. I am confident that he is the right man to lead us to the next level of growth.” Ashworth comments, “I’m honoured and excited to be taking over the reins from Paul. Every customer I’ve met since joining Caplin has some sort of digitization plan. They’re all looking to accelerate the automation of their sales function across different asset classes. We’ve become experts in e-distribution having assembled a set of solutions and services crafted by an unbelievably talented set of software engineers to help them respond to that challenge.” Founded in 2000, Caplin provides e-distribution technology that enables financial institutions to deliver an outstanding online trading experience to their clients. It has a customer base of over 30 firms (representing over 100,000 end-users), which it serves from offices in London, New York, Singapore and Sydney.
London, Singapore – October 6th, 2014: Caplin Systems, e-distribution specialist and the pioneer of single-dealer platform (SDP) technology, today announces it is opening up a new office in Singapore. The move comes in response to increased regional demand for Caplin’s products and services. The new office is located in the Marina Bay Financial Centre at the heart of Singapore’s business district and will be run by Caplin's Managing Director in Asia-Pacific, Scott McLeod and local Business Development Manager, Randy Hebert. Their considerable knowledge of the Asia-Pacific region will enable our clients to remain at the forefront of the market’s evolving demand. John Ashworth, Chief Operating Officer, Caplin cComments: “The opening of our new office at the heart of the business district in Singapore sets us for the next chapter of growth for Caplin in the Asia-Pacific region. We’ve witnessed the growing demand from banks in Asia for our e-distribution solutions and services. I forecast that our Singapore office will grow quickly.” For further information about the establishment of our new office in Singapore please contact Scott McLeod by telephone +65 6818 6290 or email Sales@caplin.com The address of the new office is: Caplin Systems (Singapore) Pte Ltd, Level 39, MBFC Tower 2, 10 Marina Boulevard, Singapore 018983 Tel: +65 6818 6290
London, New York – August XX 2014: Caplin Systems, e-distribution specialist and the pioneer of single-dealer platform (SDP) technology, today launches Caplin FX Mobile. Built in HTML, the new app enables a bank’s clients to monitor and manage FX orders via their smartphones and tablets. Already licensed by a major Asian bank, the new product is being trialled by financial institutions around the world. Caplin FX Mobile seamlessly integrates with Caplin Direct, a hosted and managed SDP service announced in December last year, which delivers a fully operational single-dealer platform as a service. Once connected to a trading system, Caplin Direct provides an ‘out of the box,’ FX SDP with advanced capabilities and workflows. This can be styled and branded to precisely match a bank’s corporate livery, and extended with custom features. With the addition of Caplin FX Mobile, this rich and robust functionality is now available on the device of choice. “With Caplin FX Mobile you can view executed spot, forward and swap trades, and keep an eye on the FX market through custom watch lists and charts[S1] ,” says Adam Hawley, Caplin’s Director of Managed Services. “We’ve seen a surge in demand for this functionality in all geographies, in particular Asia and Latin America.” Most banks already recognize the importance of delivering a better customer experience by providing direct e-distribution via a single-dealer platform. But with tablets now outselling desktop PCs, mobile delivery channels are set to become a major factor in customer attraction and retention. Citigroup, the world’s largest FX dealer, recently harnessed Caplin technology to provide advanced mobile trading capabilities through its Velocity iPad and Velocity iPhone offerings. “Now that early concerns around potential compliance and security have been addressed, mobile trading is starting to feature prominently on many firms’ roadmaps,” says Paul Caplin, CEO Caplin Systems. “At first these were expensive to develop and run, but with our hosted SDP technology and FX Mobile, they are within the reach of almost any bank.” Caplin will add other asset classes in the near future. Find out more at www.caplin.com/mobile
London, New York, 7th July 2014 â€“ E-distribution specialist, Caplin Systems and the pioneer of single-dealer platform (SDP) technology, today announced Ed Magee as its new Executive Vice President for The Americas. Magee will be based in Caplinâ€™s New York office and will lead the sales, business development, and sales engineering for the region. He brings over 25 yearsâ€™ experience to the role, having worked with Citi, a long-term Caplin client, FENICS, Barclays and most recently Markit. â€œThis is a great time to be joining Caplin,â€ says Magee. â€œThe company is already enjoying strong success in the US and Canada, providing e-distribution capabilities to the largest banks and wealth managers as well as many smaller firms. Itâ€™s exciting to be part of such an innovative business in a dynamic and fast-growing market.â€ Magee will ensure Caplin continues to support its tier one banking clients, enabling them to meet the buy sideâ€™s rising demand for mobile web-trading services. He will also look to build on Caplinâ€™s successful track record in providing regional firms with a highly profitable direct electronic channel to market. â€œWe have every confidence that Ed can take Caplin to the next level in the US,â€ says COO, John Ashworth. â€œWith his banking and technology background, Ed brings a unique understanding of the US banking marketâ€™s challenges and aspirations, and is best placed to ensure our technology can directly address the regionâ€™s particular requirements.â€
A Q&A with Patrick Myles, CTO at Caplin Systems.
Single-dealer platforms are likely to play an ever-larger role in the markets of the future, especially for regional banks, by Paul Caplin, CEO Caplin Systems.
Ã¢â‚¬â€¹Interview with Richard de Roos, head of FX at Standard Bank in which he mentions the bank's use of Caplin's technology. Link is to a PDF reprint, used with permission of FX Week, and therefore free of charge or subscription
Ã¢â‚¬â€¹Listing of all the winners at the inaugural Sell-Side Technology awards, including Caplin (with ZKB) for "Best Implementation at a Sell-Side Firm"
Ã¢â‚¬â€¹Coverage of joint Caplin/OpenFin announcement