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.