eFX Pricing Specialist DIGITEC Announces Peer Joost as Chief Operating Officer

Rick Steves

DIGITEC, the Germany-based provider of eFX pricing solutions for Swaps and Forwards market-making, has created the role of Chief Operating Officer and put Peer Joost to the task.

Peer-Joost

Peer Joost, a potential heir to the DIGITEC throne, is now officially COO of the leading eFX pricing specialist known for its partnership with Deutsche Börse’s 360T.

DIGITEC, the Germany-based provider of eFX pricing solutions for Swaps and Forwards market-making, has created the role of Chief Operating Officer and put Peer Joost to the task.

Peer will be responsible for all business operations, reporting directly to the CEO. He was Head of Marketing and Sales for over three years, where he helped increase the sales of his family business roster of FX and MM applications, including a rate aggregator with several sanity checks and blending algorithms, a spreadsheet-based rate engine, a yield curve building tool and editor, a big data rate storage, and a fully automatic FX/MM settlement system. Most of these applications are offered in the D3 pricing engine for FX Swaps, NDFs and Forwards as well as the DIGITEC / 360T Swaps Data Feed (SDF).

Peer Joost, Chief Operating Officer at DIGITEC, said: “I am thrilled about this new adventure and I’m looking forward to creating even more best-in-class products and services together with our outstanding team of experts here at DIGITEC. After two years of record growth, we have very ambitious goals for 2021 and a roadmap that is stronger than ever,” commented Peer Joost.

The firm plans to expand D3’s customer base from tier 2 to tier 3 and regional banks, offering them its scalable SaaS solution with simplified setup, maintenance, and costs. D3 is a leading price engine in the Foreign Exchange and Money Market, with customers among the top 100 global acting banks.

DIGITEC is an equal partner of the Swaps market data product, the DIGITEC/360T Swaps Data Feed (SDF). 360T is Deutsche Börse’s global FX unit, a multi-asset trading platform for OTC financial instruments. It offers liquidity from more than 200 liquidity providers and its network is used by over 2100 buy-side client organizations worldwide.

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