Numerix Taps Former Flextrade Veteran Vishal Kapadia

Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, appointed Vishal Kapadia as the Head of Pre-Sales in South East Asia, India, Australia and New Zealand.

Kapadia, who will be working from Numerix’s Singapore offices, has been active in the financial industry in different sales positions since 2001.

Before his move to Numerix, he served for over four years as the former Vice President of Sales and Business Development at the Indian based Flextrade. Prior to that, he worked at SuperDerivatives – a provider for derivatives pricing systems for currencies, interest rates, commodities, equities and risk management solutions to banks, financial institutions, corporates, brokers and consultants – for over a decade.

He started there as a Senior Sales Manager and later moved to manage the sales and support for the company for the South Asian and Middle East countries.

Hiring spree

Numerix was founded in 1996 and has over 20 offices, 700 clients and 90 partners across more than 26 countries. Last year, the company has acquired TFG Financial Systems, a real-time risk, P&L, and position management system, helping expand its focus into the buy-side space. In addition, TFG’s graph technology was also integrated in the versions of the Numerix Oneview enterprise platform.

This is the third senior recruitment from Flextrade’s in February alone. The company hired Paul Thomas as the VP of FX Business Development in the U.S. and Paul Alves as SVP and Global FX Business Development. FlexTrade recently partnered with BestX, implementing the BestX analytics solution into its FlexTRADER EMS.

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