Industry veteran tasked with accelerating growth of company’s visual data analytics platform and fortifying its dominant presence in capital markets
BEDFORD, Mass. – March 16, 2016 – Datawatch Corporation (NASDAQ-CM: DWCH), a leading global provider of self-service data preparation and visual analytics solutions, today announced that Peter Simpson has been appointed vice president of visualization strategy. In this role, Simpson will be responsible for bolstering Datawatch’s visual data discovery business and expanding the company’s leadership position in capital markets.
Simpson brings to the company more than two decades of experience in capital markets, driving technology development and implementing analytical strategies for firms across the globe. He returns to Datawatch after holding compliance technology positions at Digital Reasoning and Deloitte UK. Simpson previously served in a technology and strategy capacity at Datawatch where he applied his expertise in trading and risk analytics. Before that time, Simpson was chief technology officer for Panopticon Software AB, which was acquired by Datawatch in 2013.
“The Datawatch Panopticon solution very early on proved its value to both buy and sell side firms, enabling them to identify, investigate and act on trading and risk anomalies,” said Simpson. “Today, the capital markets field represents the vast majority of our customers for visual data analytics – both on a direct basis and embedded in third-party financial software solutions. I look forward to helping customers optimize their use of our technology to extract maximum insight from their data assets, not only through visualization but also through self-service data preparation.”
Before joining Datawatch predecessor Panopticon, Simpson spent eight years at HSBC Securities within Technology, Equities & Global Research. He has also held positions with companies providing new analytics solutions to trading firms. He holds an MSc in Info Systems Engineering from South Bank University and a BSc in Physics with Space Science & Technology from Leicester University.
“Peter’s in-depth knowledge of our visualization software, as well as his inherent understanding of trading firms’ business requirements, uniquely qualify him to lead the global expansion of our visual analytics platform in capital markets,” said Michael A. Morrison, president and CEO of Datawatch. “In particular, his most recent experience focusing on the growing regulatory impact on trading firms gives him an inside perspective on what capabilities are crucial to the success of our customers.”
About Datawatch Corporation
Datawatch Corporation (NASDAQ-CM: DWCH) enables ordinary users to achieve extraordinary results with their data. Only Datawatch can unlock data from the widest variety of sources and prepare it for use in visualization and analytics tools, or for other business processes. When real-time visibility into rapidly changing data is critical, Datawatch also enables users to analyze streaming data, even in the most demanding environments, such as capital markets. Organizations of all sizes in more than 100 countries worldwide use Datawatch products, including 93 of the Fortune 100. The company is headquartered in Bedford, Massachusetts, with offices in New York, London, Frankfurt, Stockholm, Singapore and Manila. To learn more about Datawatch or download a free version of its enterprise software, please visit: datawatch.imarc.io.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any such statements contained herein, including but not limited to those relating to product performance and viability, are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. The factors that could cause actual future results to differ materially from current expectations include the following: rapid technological change; Datawatch’s dependence on the introduction of new products and product enhancements and possible delays in those introductions; acceptance of new products by the market, competition in the software industry generally, and in the markets for next generation analytics in particular; and Datawatch’s dependence on its principal products, proprietary software technology and software licensed from third parties. Further information on factors that could cause actual results to differ from those anticipated is detailed in various publicly-available documents, which include, but are not limited to, filings made by Datawatch from time to time with the Securities and Exchange Commission, including but not limited to, those appearing in the Company’s Annual Report on Form 10-K for the year ended September 30, 2015. Any forward-looking statements should be considered in light of those factors.
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Marketing Communications Manager, Datawatch Corporation
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