Portware Expands Global FX Team

Chris Sorensen brings over 15 years’ experience to his role as FX Product Manager

Boston, New York, Hong Kong, and London – March 14, 2016 – Portware, a FactSet company and the first and only global provider of multi-asset trade automation solutions powered by artificial intelligence, today announced the appointment of Chris Sorensen as FX Product Manager. Following several recent multi-asset global wins, Sorensen will help drive Portware’s continued innovation and growth in the FX space with a particular focus on execution and automation tools for tier one global asset management firms.

Sorensen will be based in FactSet’s Boston office and will partner with both the existing Portware team and the buy side to bring similar levels of performance and value to OTC markets that exist for listed equities. Prior to joining Portware, Sorensen was the global head of strategic alliances and technical account management at FX Connect. Earlier in his career he held roles at State Street as Vice President for client implementation and technical account management and at BNY Mellon as a fixed income trading systems analyst.

“Hiring Chris Sorensen is a testament to Portware’s continued ability to attract both premier buy-side clients and top industry talent,” said Alfred Eskandar, CEO of Portware. “Chris’s appointment demonstrates Portware and FactSet’s continued commitment to building smart automation across all asset classes for the buy side, and we continue to build on our momentum by expanding our FX team with strategic hires on both the engineering and business sides.”

In addition to features like Auto RFQ, pre- and post-trade TCA, custom algo development, and FX-specific visualization tools, Portware’s growing FX team furthers the company’s position as a leading provider of global multi-asset execution management systems for tier one asset managers globally.

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About Portware:

Founded in 2000, Portware LLC is the financial industry’s leading developer of broker-neutral trading solutions for global equities, futures, options and FX. With offices in New York, London, Hong Kong and Hyderabad, Portware works in partnership with its clients to create highly integrated solutions to streamline workflows and increase operational efficiencies on trading desks worldwide. Portware’s flagship product, Portware Enterprise, is a fully customizable trade management and execution system for single stock, portfolio, basket, automated and algorithmic trading. For more information, please visit www.portware.com.

Media Contact:

Amanda Meglio

Articulate Communications Inc.

Email: ameglio@articulatecomms.com

Phone: +212 594 5501