BondWave LLC, a financial technology firm focused on fixed income solutions, is bring on Pete Newman as vice president of sales.
Newman will report to Tony Miscimarra, managing director of business development, and will be tasked with growing market adoption of BondWave’s newly launched fixed income platform, Effi, focusing on broker-dealers and RIAs.
“Pete has a proven track record selling financial technology solutions and has a keen understanding of the fixed income markets,” said Miscimarra, in a press release issued on Monday morning. “With over 20 years of experience in the industry, Pete’s addition will help BondWave continue to transform the fixed income landscape.”
Newman is coming over from Private Client Resources, a provider of wealth data aggregation and consolidated reporting solutions. Previously, he was responsible for business development at both Lumesis and DPC DATA and prior to that was CEO of Gotham Software, a financial services software firm specializing in compliance and workflow solutions for the fixed income market. At Gotham, he was responsible for product design and development, competitive market analysis, business development and sales.
“Pete’s addition to our team is an important step in BondWave’s plan to further foster innovation in the fixed income space by providing traders, advisors and investors with the type of unbiased market intelligence that has benefitted the equity markets for years,” said Michael Ruvo, CEO of BondWave.