Kinetix Trading Solutions, Inc., a leading technology solutions provider for the capital markets, announced today that Paul Puskuldjian has joined the company as its Chief Operating Officer. The Princeton, NJ based firm has expanded its product set and offerings in the past year and will focus efforts on helping firms reduce costs and increase efficiency through deployment of Monaco, its component based software.
Amit Karande, Kinetix CEO and Founder, and Puskuldjian have worked together in the past at both Citi and Lehman. “I am thrilled to be working again with Paul. He has been in the clients’ shoes and has the industry experience to identify areas of optimization within organizations. He will partner with our clients in rolling outMonaco, which adopts a best of breed approach, where firms can leverage technology they like while eliminating legacy systems, getting to the end state in a fast and cost-effective way.”
Puskuldjian joins Kinetix with over 30 years of experience in senior positions at major banks including Lehman Brothers and Citi. Most recently, as Global Head of Capital Markets Middle Office at Citi, he generated significant cost saving, improved operational efficiency and reduced operational risk through deployment of technology and process improvement.
“In today’s environment with narrowing spreads and more regulation, firms large and small must be smart about the way that they deploy and use technology. Investing prudently in technology infrastructure will reduce headcount and redundant system costs over the long run and offer clients’ an improved post-trade experience,” says Puskuldjian. “Kinetix is well positioned to offer technology solutions that will improve a firm’s processing infrastructure and reduce their costs.”
