Tocarema opens a development office in Russia. Tocarema, a company committed to delivering advanced technology for automated trading, has opened a development office in St. Petersburg, Russia. The office is expected to be fully operational in Q1 2007.
The St.Petersburg office will be headed by Mr.Aleksey Dukhnyakov who has extensive management and software industry experience. Mr. Dukhnyakov previously held the position as Head of Development of Orc Software and worked within the compiler team while at Sun Microsystems. Most recently he was running a consultancy firm focusing on financial technology. Mr. Dukhnyakov holds a Masters of Science in Mathematics from the University of St. Petersburg.
“For the development office in St. Petersburg we have managed to recruit a world-class development team consisting of highly educated and experienced people specialized on financial markets.This both fuels our ambitions and increases our capacity, we now have all we need to create a revolutionary product and to go live with it during this year.” said Jonas Hansbo, CEO of Tocarema.