Netik, the New York and London based financial data management software firm, will expand its reach into the fast-paced trading arena, says its new chief executive Rob Flatley.

As first reported by Securities Industry News on April 9, Flatley was the global head of electronic execution of equities at Deutsche Bank before taking over the helm of Netik. Flatley replaced founder John Wise in a management shakeup in which Netik’s president and Wise’s longtime ally Colin Close will also depart over the next few months.

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