Appointment of Sales and Marketing Director
07/03/2003
Knowledge Technology Solutions PLC (KTS), the independent provider of real-time data solutions for financial professionals, is pleased to announce the appointment of Richard Burtsal as sales and marketing director. The appointment will take effect on 31 March.
Richard Burtsal, aged 44, was previously with Caplin Systems Ltd, a provider of real-time web technology, which he joined in 2001. At Caplin, Richard was Account Director for Europe and was involved in developing the European product strategy for the business. This included creating new opportunities within the retail and exchange sectors.
Between 1993 and 2001 Richard was an Associate Director at Thomson Financial, the global supplier of data, analysis and information tools to the finance industry. Part of the initial ICV sales force that established a significant share of the UK equities market, he subsequently was involved in new product launches including the European introduction of a global trading service.
Prior to Thomson Financial, Richard held a senior account manager position at The London Stock Exchange for five years, where he introduced best execution and ETC systems and managed clients generating £10m annual revenue.
In his new role, Richard will be responsible for rolling out KTS’ new thin-client interactive market data applications to financial institutions. This includes ktsQuoteTerminal, the UK market data product and will also include ktsMarketTerminal, the international market data product, due for release later this year.
Dr Marc Pinter Krainer, chief executive of Knowledge Technology Solutions PLC, commented:
"Richard’s appointment comes at a time when KTS is seeing strong sales momentum, driven by the wholesale migration of the market data industry from legacy closed-network systems to the next generation of Internet-based market data technology. He has wide-ranging industry connections and substantial experience within the market data industry and I am confident that Richard will prove invaluable to our team as we build market share."
