News
HARK YIP JOINS JUDO SYSTEMS BOARD OF ADVISORS
Recognized industry expert impressed with flagship product
SAN FRANCISCO, Calif. (June 02, 2008) — Judo Systems, the developer of advanced technology solutions for financial institutions, announced today that Hark Yip has joined its Board of Advisors. Hark Yip was Senior Vice President and Chief Information Officer of the Pacific Exchange, one of the world's leading derivatives markets before its acquisition by Archipelago Holdings, which in turn was acquired by the New York Stock Exchange.
"We are thrilled to have Hark join our Board of Advisors," commented Tony Long Mai, President and CEO of Judo Systems. "He is a leading technologist in the securities industry, and his knowledge and experience will be an extraordinary resource for us as we develop and grow." Yip was responsible for the Pacific Exchange's technology, a critical role given that the Pacific Exchange was one of the first exchanges in the world to develop and adopt an electronic trading system.
“I am very impressed with Judo’s platform,” said Yip. “The Judo team has developed a very strong solution, one that provides the functionality expected in a mature environment like the United States but focused on addressing the specific needs of Vietnam. Tony and his team have accomplished quite a feat to build such a robust platform. There is significant potential for Judo to assist securities brokerages in emerging markets with their growth and development, and I am very excited to be involved.”
About Judo Systems
Judo Systems is an innovative developer of technology solutions for securities brokerages in emerging markets. Judo’s management team has applied its experience with the world’s most advanced capital markets and developed a flagship product, Judo Advanced Brokerage System (ABS), that supports the rapid growth of brokerages in Asia. With Judo ABS, brokerages now have a single, integrated solution with critical functionality – including workflows, transaction processing, reporting, security and risk management –that enables them to grow quickly and confidently.
Judo Systems is currently marketing Judo ABS in Vietnam and plans to expand its sales operations to other countries in Southeast Asia.
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CONTACT:
Michael Tao
Judo Systems
michael.tao@judosystems.com
http://www.judosystems.com
