Chicago, IL – June 9, 2015 – UCX, the Universal Compute Xchange, is proud to introduce its newly formed Advisory Board. The UCX board will include Sean Castette, William Martin, Satish Nandapurkar, Ron Bodkin, Matt Calman, and Sandy Atwell. The formation of the Advisory Board builds on the recent announcement of the expansion of trade on UCX for their benchmark WAC (Workload Allocation Cube) Financial Contract, which enables trading cloud as a commodity.
“We are thrilled to announce the formation of our Advisory Board. The advisory board will help serve an important role as UCX continues to change the landscape for digital commodities,” says Adam Zeck, CEO and Founder of UCX. “These distinguished individuals have all proven to be experts in their respective fields and have helped to shape the financial services and technology industries. Individually, the talents brought by each advisor are unique and accomplished in their respective fields, and collectively this becomes a world class advisory board.”
UCX has uniquely positioned itself in the market and continues to develop out a whole new asset class of exchange traded products with technology licensed from CME Group.
UCX Advisory Board Members:
Mr. Sean Castette is a successful Entrepreneur who held a variety of roles at GETCO including Technology Officer, Chief Operating Officer, and Head of FICC Trading. Mr. Castette merged GETCO with Knight Capital to create KCG. He is a pioneer the electronic trading industry and key player in its rapidly global expansion.
Mr. William Martin is the Chairman and Chief Investment Officer of Raging Capital Management, a private investment partnership focused on public equities. Mr. Martin is a successful entrepreneur who has founded a number of financial information companies, and has invested in and/or advised a number of Internet and institutional financial services companies, including CallStreet, acquired by FactSet; FolderShare, acquired by Microsoft; Majestic Research, acquired by Investment Technology Group; Gerson Lehrman Group; and Lux Research. Mr. Martin has also served on several public company boards including Vitesse Semiconductor (NASDAQ: VTSS), which was acquired by Microsemi in 2015; Salary.com, which was acquired by Kenexa in 2010; and Bankrate, which was acquired by Apax Partners in 2009.
Mr. Satish Nandapurkar is Co-Founder and Principal at Silveus Financial, and Chief Risk Officer at Typhon Capital. Mr. Nandapurkar has held previous roles such as CEO of the Deutsche Boerse, Head of Products and Services at the Chicago Mercantile Exchange, and Head of FX Options at Bank of America.
Mr. Ron Bodkin is the Founder of Think Big, an organization helping companies realize measurable value from Big Data. Previously Mr. Bodkin was VP Engineering at Quantcast and led the data science and engineer teams that pioneered that use of Hadoop and NoSQL for batch and real-time decision making. Mr. Bodkin was also Co-Founder and CTO of B2B applications provider C-Bridge, which achieved a successful IPO.
Mr. Matt Calman is an innovation consultant for the banking and insurance industries. A 27 year veteran at Bank of America, he led merger transition work in capital markets as well as card, check, and cash payment systems. As Enterprise R&D Executive, he built an innovation lab team that delivered more than 500 concepts, simulations, prototypes, and customer tests and in 2009, designed and launched the first banking Product Innovation Lab in Beijing with China Construction Bank. He has led research programs at the MIT Media Lab and Carnegie Mellon University’s HCI Institute and is named inventor on 49 issued U.S. patents and more than 250 applications.
Ms. Sandy Atwell leads Calgary Scientific’s business development efforts with a focus on cloud and collaboration. A veteran of the financial services and tech industries, Mrs. Atwell has served on various Boards and in Executive roles including Novell, and is the Founder of a successful non-profit.
UCX, Universal Compute Xchange, is defining a new asset class of exchange traded products that are available for trading on an electronic platform using technology licensed from CME Group that address the needs and risks of the digital generation. UCX is recognized as an AlwaysOn “Top 50 Emerging Company” for FinTech and is the leading global exchange for trading infrastructure as a service, IaaS, “The Cloud”. UCX has licensed the patented Workload Allocation Cube (WAC) metric for measuring IT infrastructure usage, to create the benchmark WAC financial contract. UCX enables buyers and sellers to engage in price discovery and trade standardized WAC financial contracts to reduce their financial IT Infrastructure risk exposure while increasing operational agility and market efficiency, from a transparent, centralized marketplace. UCX is where the world comes to trade.
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