John Bates Recognized as Financial Technology Leader by Institutional Investor
Posted by Richard Bentley
Today we’d like to congratulate our own CTO John Bates on his recognition as one of Institutional Investor’s top Tech 50: The Difference Makers. This is the second year that John’s work with Progress Apama and Complex Event Processing has been recognized by Institutional Investor as a top financial technology leader. This is an especially exciting award, given that Progress was the highest-ranking technology provider on this year’s list.
Institutional Investor recognizes each leader for their vision and agility in translating innovation into operational and competitive advantage. They recognize John’s membership on the U.S. Commodity Futures Trading Commission's technology advisory committee and Progress’s contribution to performance gains. Due to economic outlook, technologists today have to “do more with less”, says Institutional Investor, and John’s work with Progress Apama and Complex Event Processing contributes to that process.
They also recognize Progress’s work in two geographical hot spots, China and Brazil, which has been a hot topic in the capital markets world lately. They quote Bates saying, "Countries like China and Brazil are starting to accelerate their adoption of algo trading.”
Congratulations John, we’re proud to have you on our team!