IRELAND: Devexperts, a global leader in software development for the capital markets, has announced the appointment of Ben Hurley as its new Chief Executive Officer (CEO). This move marks a pivotal moment in the company’s evolution, as it looks to enhance its role as a strategic partner to financial institutions and brokerages worldwide. The appointment of Hurley, who brings more than two decades of experience in innovation, business process optimization, and product development, underscores Devexperts’ commitment to a forward-thinking approach in delivering cutting-edge technology solutions to its diverse clientele.
Hurley joined Devexperts in 2022, initially serving as the Country Manager for Ireland. During his tenure, he played a significant role in the company’s restructuring efforts, positioning Devexperts for sustainable growth. As CEO, Hurley is tasked with continuing this trajectory, leveraging his deep understanding of the company’s capabilities and its customer base to drive future innovation.
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Building on a Legacy of Innovation
Under Hurley’s leadership, Devexperts is poised to expand its market reach while maintaining its reputation for delivering tailored, high-performance solutions. The company has historically played a crucial role in enabling financial institutions to access global markets through its sophisticated software platforms. Today, Devexperts supports multi-asset trading, offering customizable and scalable solutions that cater to both small brokerages and large financial institutions.
“We have evolved into a strategic partner for many major clients,” Hurley stated. “Our relationships go beyond that of a typical service provider. We work closely with our clients to customize solutions that fit their unique needs as the industry continues to evolve. Whether through build, buy, or hybrid approaches, we focus on connecting users to financial market opportunities through best-in-class technology.”
This collaborative approach has been one of the driving factors behind Devexperts’ long-standing success. By integrating industry insights with technological expertise, the company is able to anticipate market changes and deliver innovative tools that meet the complex needs of its clients. From retail brokerages to institutional investors, Devexperts’ solutions span a wide range of financial products and geographies, including key markets such as the US, UK, and emerging regions like Latin America and Asia.
A Vision for Broader Market Access
One of Hurley’s key objectives as CEO is to enhance Devexperts’ ability to provide seamless access to capital markets for firms of all sizes. He emphasized the importance of making financial markets more accessible through technology-driven solutions.
“We are committed to enabling widespread access to financial markets by expanding our offerings to brokers and financial institutions,” Hurley noted. “Devexperts is already doing this, for example, by offering fractional stock trading capability on our platforms, which allows for broader investor participation. We are also incorporating mobile platforms and artificial intelligence as practical tools for end-users.”
Hurley’s vision extends beyond product development to encompass geographical expansion. He sees tremendous growth opportunities in emerging markets, where the demand for robust financial infrastructure is increasing. At the same time, he is committed to maintaining the company’s strong presence in mature markets such as the US and UK, where Devexperts has established itself as a trusted technology partner.
Innovation at the Core
Innovation remains at the heart of Devexperts’ strategy as it pushes the boundaries of technology in the capital markets sector. The company is well-known for its cutting-edge market data services and comprehensive trading platforms. Its SaaS (Software-as-a-Service) solutions are tailored to smaller brokerages, while its infrastructure and in-house systems cater to the more complex needs of large financial institutions.
“Our founder and former CEO, Michael Babushkin, laid a solid foundation for Devexperts’ technology and practices,” Hurley said. “We continue to build on this, pushing the limits of innovation to meet the evolving needs of our clients. With Michael’s ongoing involvement, we are well-positioned to advance our mission and explore new opportunities in the financial markets.”
Babushkin’s transition from CEO marks the end of an era, but his continued involvement with the company ensures that Devexperts’ core values and long-term vision remain intact. Babushkin’s leadership helped the company navigate the complexities of the capital markets sector for more than two decades. Under his guidance, Devexperts became a recognized leader in financial software, with a global team of 800 engineers and a portfolio that spans multiple asset classes, including equities, options, FX, and commodities.
A Future of Endless Possibilities
As Devexperts enters this new phase under Hurley’s leadership, the company remains committed to delivering best-in-class technology to the capital markets. Its focus on innovation, customization, and market insight ensures that it will continue to be a key player in the financial services industry. With a team that combines technical expertise and a deep understanding of financial markets, Devexperts is well-equipped to tackle the challenges and opportunities that lie ahead.
Hurley’s appointment as CEO comes at a time when financial markets are undergoing rapid transformation, driven by technological advancements and changing investor needs. As he takes the helm, Hurley’s leadership will be critical in navigating these shifts and positioning Devexperts as a leader in the next generation of financial technology solutions.
“Our goal is to continue to innovate and provide our clients with the tools they need to succeed,” Hurley said. “We are excited about the future and the opportunities that lie ahead for Devexperts as we continue to grow and evolve in this dynamic industry.”
With its proven track record of success, a strong leadership team, and a clear vision for the future, Devexperts is set to remain a vital partner for financial institutions around the world. Hurley’s leadership marks the beginning of an exciting new chapter for the company, one that promises to drive innovation and growth in the years to come.
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