Ideal Prediction Names CTO

Trading analysis and data science company, Ideal Prediction, has named Walter Bell as chief technology officer.

Bell joins Ideal Prediction from Bank of America Merrill Lynch where he led an international team as the global head of rates e-trading quants. Prior to this, he managed technology teams in e-FX development, cross asset trading and global arbitrage trading at Credit Suisse. Earlier in his career he was a senior product manager at Broadway Technology.

In his new role Bell leads innovation across Ideal’s product suite, which includes the recent redesign of Scope, the firm’s service for monitoring trading for market abuse and adherence to the FX Global Code. He is also responsible for extending Scope’s product coverage to include cross-asset functionality for Market Abuse Regulation (MAR) surveillance and other regulatory regimes. He will also oversee the support of Ideal’s global systemically important bank (G-SIB) clients.

“Walter is one of the best inventors I’ve met in my career,” says John Crouch, CEO and founder of Ideal Prediction. “His expertise in systems architecture and algorithmic trading is a powerful, rare combination. As Ideal’s CTO, he will evolve Ideal’s products and, most importantly, help our clients to successfully mitigate risk and improve profitability.”

Bell adds, “Bank compliance teams are demanding increasingly sophisticated services for monitoring their human and algorithmic trading. I’m excited about Ideal’s ability to use our knowledge of the intricacies of FICC trading to independently deliver advanced analytics to firms using modern and flexible technology.”

Colin Lambert

Share This

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on reddit

Related Posts in ,