Our founder & CEO Kevin Carter did an interview this month with Eugene Grygo at Financial Technologies Forum. An excerpt is below, and the full article is available to FTF subscribers here.
Q: Why did you leave Dialectic Capital?
A: My decision to leave Dialectic was a difficult one since I had an excellent experience during my six years at the firm, but one of my primary career goals was establishing an IT consultancy firm.
My new company is called Mesh Networking, and we specialize in IT and fund operations support for buy-side firms.
With the advent of issues in the industry such as new cybersecurity threats, increasingly complex regulations, and business continuity and disaster recovery challenges, I knew that there were many firms that needed help facing these operational hurdles in running their businesses.
As buy-side IT budgets face these additional pressures, Mesh Networking is there to work with firms to resolve their technology issues in a sophisticated and cost-effective way.
Q: What IT and Ops issues will Mesh Networking be focusing on?
A: Mesh provides fully managed IT solutions, including electronic and algorithmic trading implementation, trade processing and reconciliation solutions, and business continuity and disaster recovery.
We offer assistance with a wide range of services including designing and supporting IT infrastructure, email/IM compliance, OMS/EMS [order and execution management systems] implementation and support, post-trade processing, and more.
Q: How is Mesh different from other consultancies?
A: Although there are other excellent providers in the industry, Mesh differs from other consultancies because we provide cost-conscious and personalized services to our clients.
As industry IT budgets continue to tighten, the old and expensive “one-size-fits-all” solutions that used to be regularly deployed in the industry don’t make sense for clients anymore. Particularly during our growth phase, Mesh is willing to work with startup funds as well as established funds using creative and inexpensive IT solutions.
One of our strengths is the experience we have with free and open-source software solutions that can save firms on both Opex [operating expenses] and Capex [capital expenses].
We want to work with our clients to ensure that they are getting the systems that fit their needs, not the systems that fit the comfort zones of their IT providers.
We also focus on the social skills of our engineers, helping to bridge the gap between executives and technicians so that their issues can be explained in a way that makes the most sense to the client. Communication is one of the things we do best.
Q: Are there Ops and/or IT trends that excite you?
A: I’m extremely excited by the industry’s recent focus on cybersecurity. The financial industry has been playing with fire for too long when it comes to infosec, and it’s great to see regulatory agencies placing an increased focus on this area.
My goal at Mesh is to help firms prepare for these difficult and intense examinations by ensuring that they’re using state-of-the-art security technology. I’m also fascinated by the advent of new technologies such as the analysis of enormous data sets (big data) and machine learning, as well as its potential applications in the front office and back office.
We want to help firms use technology not just to run their critical systems, but to generate investment ideas through the technology that we and our partners provide.