02.03.2022

Rapid Addition Strengthens Technology Team with CTO Hire

02.03.2022

Deepak Dhayatker joins from Commerzbank to lead technology organisation expansion

London, February 2nd, 2022 – Rapid Addition is delighted to announce the appointment of Deepak Dhayatker as Chief Technology Officer. In this role he will lead Rapid Addition’s technology organisation and drive its expansion in support of the Company’s growth plans.

Deepak Dhayatker

Deepak joins from Commerzbank, where he was responsible for building electronic trading and platform development teams across multiple locations. An agile evangelist, he implemented processes and systems to ensure superior quality code was developed and deployed with a high degree of automation. Deepak also has hands-on experience with migrating electronic trading components to a cloud native environment, an area that Rapid Addition believes is increasingly gaining traction. Prior to Commerzbank, he held senior software engineering roles at BNP Paribas, Dresdner Bank, and CMC Markets.

Splitting his time between London and Prague (Rapid Addition’s core development hub), Deepak will report to CEO, Mike Powell, as a member of the senior leadership team. His remit will include scaling the engineering and professional services functions, as well as driving best practice across Rapid Addition’s operational processes based on his experience at leading financial organisations. Deepak will also work with the senior architect team to ensure the ongoing evolution of Rapid Addition’s high-performance middleware platform and broader suite of electronic trading technologies.

Mike Powell, CEO at Rapid Addition commented that “as an engineering driven organisation it is important that our senior technology hires have deep domain expertise in the world of trading platform development. Deepak not only meets this criterion, but also brings with him a unique customer perspective as well as a highly collaborative and mentoring orientated approach to building and leading teams. I am delighted to have him on board to strengthen our leadership team as we look to accelerate the growth of the last few years.”

“I am thrilled to be joining Rapid Addition, a company with a strong history of innovation in electronic trading that is committed to building high-performance enterprise platform technology”, says Deepak. “Rapid Addition has a great culture, employees, and vision, which is the perfect formula for a successful company. I am looking forward to contributing to the company’s growth and mentoring and developing my team to ensure that Rapid Addition remains a compelling place to work for tech talent in our industry. I am also excited to work with our customers and partners to deliver solutions that underpin their business strategies.”

 

About Rapid Addition

Rapid Addition is a market leader in the provision of high-performance enterprise solutions for electronic trading. A pioneer in financial messaging technology, our scalable platform combines the benefit of low latency and high throughput with a flexible, easy to use development framework. Rapid Addition provides capital markets institutions with the ability to design and deploy workflow solutions specifically tailored to their needs, with the control, transparency, and configurability to empower their business strategy.

 

Additional information may be found at www.rapidaddition.com | Twitter: @rapidaddition | LinkedIn: www.linkedin.com/company/rapid-addition-limited

 

If you would like more information about this appointment, please email Zita Banyai at zita.banyai@rapidaddition.com

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