SMARTS Group, which provides real-time market surveillance and operational control for exchanges, regulators and brokers, has appointed Thomas Jones as chief executive officer and Magnus Almqvist as general manager of SMARTS Europe.
Jones is a founding director of the SMARTS Group and sits on its board. Almqvist joined the organization early this year, having previously held similar positions at Atos Euronext Markets Solutions, LSE and OMX.
Michael Aitken, chairman of SMARTS Group, said the new appointments are planned to coincide with a significant increase in SMARTS’ product range.
“At a time when we are also significantly expanding our product range with SMARTSOnline (our fully outsourced surveillance service), it is appropriate we also strengthen our human capital resources,” Aitken said. “Thomas Jones has unparalleled experience in the domain being a co-founder of SMARTS and having spent the last five years working with SMARTS major clients (LSE, SWX and OMX) in Europe. Magnus Almqvist is the third in a series of new senior management appointments who bring a carefully chosen array of external management experience to the SMARTS Group.”