Devexperts appoints Ben Hurley as new CEO

Dublin, Ireland, October 15, 2024 – Devexperts, a global software developer for the capital markets, has announced the appointment of Ben Hurley as its new Chief Executive Officer. This strategic move highlights the company’s commitment to a new phase of growth, building on years of evolution and development. It underscores a forward-looking vision for delivering tailored technology solutions to its global client base of financial institutions and brokerages.

Hurley, who has been with Devexperts since 2022 serving as Country Manager in Ireland, has been instrumental in reshaping the company’s operations and driving its restructuring project. With over two decades of innovation experience, business process optimization, and product development, Hurley is ideally positioned to guide Devexperts into its next phase of growth with a deep understanding of the company’s skillsets, expertise, and customer base, and his own extensive experience of leadership.

We have evolved to the position of strategic partner with many major clients. Our relationships are now far more than just as a product company or a service provider: we work with clients to customize solutions that align with their needs as the industry continues to evolve. Whether through build, buy or hybrid approaches, we focus on connecting our users to financial market opportunities by providing best-in-class technology solutions, including advice from our deep insight into the capital markets sector.
Ben Hurley, CEO of Devexperts

Central to Hurley’s vision for the future is enhancing Devexperts’ ability to provide seamless and efficient entry to capital markets for firms. He continues: “We are committed to enabling widespread access to financial markets by expanding our technology offerings to brokers and financial institutions. Devexperts is already doing this, for example by offering fractional stock trading capability on our platforms that enables broader investor participation, and supporting mobile platforms and AI as practical tools for end users. We will continue to explore emerging markets such as Latin America and Asia, while also addressing the needs of mature markets, where we have a long-standing and established presence, such as the US and the UK.”

Devexperts is dedicated to pushing innovation for its market data services and its full range of trading platforms, from SaaS solutions tailored for smaller brokerages, to infrastructure and in-house systems designed for large financial institutions. Devexperts’ solutions are highly customizable, support multi-asset trading, and include bespoke services to meet diverse needs across the industry. Hurley added:

Hurley added: “Our founder and former CEO, Michael Babushkin, provided a solid foundation for Devexperts’ technology and practices, upon which we continue to build the innovative capabilities our clients have come to expect from us. Looking forward, we will continue to do this whilst also continuing to push the limits of innovation. With Michael’s ongoing involvement, we are well-positioned to advance our mission and meet the evolving needs of our users.”

As Hurley takes over from Babushkin, the transition ensures continuity, with Devexperts remaining focused on maintaining momentum, fine-tuning operations and laying a strong foundation for the future of the company. Babushkin’s active engagement will support these efforts, ensuring the company continues to explore and seize new opportunities.