Paris, London, New York – June 13, 2021 – Enyx, a leading developer and provider of ultra-low latency trading solutions for the financial industry, today announced the appointment of Kevin Covington as chairman of the board of directors.  Kevin joins the board with over 30 years of experience in financial services and Institutional Investors ranked him in the top 40 of most influential people in trading technology for two consecutive years.

He has held senior positions in a number of companies serving the financial services market including Chief Executive Officer of Metamako and ITRS and many non executive director roles.  Additionally, Kevin has held senior IT management positions in investment banks.

Kevin has a background in electronic engineering and holds a Masters Degree in Business Administration from the University of Greenwich in London.

His unique, wide-ranging skills make him extremely well placed to provide valuable insight to many situations. Kevin has a reputation within the industry for conducting business to the highest standards of moral and professional integrity and dedication.

Arnaud Derasse, Enyx Co-founder and CEO, commented:  “We are thrilled to have Kevin join us as the chairman of the board of directors.  He brings a wealth of experience from the financial services sector, along with a deep understanding of how to guide technology companies like Enyx.  We’re happy to welcome Kevin to the Enyx family and look forward to his mentorship and guidance throughout the next steps of our development.”

Kevin Covington added:  “Enyx clearly has a unique product set and has proven themselves to experts in all things related to FPGA development and deployment in regard to electronic trading.  Their journey over the last 10 years from FPGA-based trading products, to being the core technology behind the industry’s microwave networks, to having launched the only end-to-end FPGA development framework in the financial services sector – is nothing short of impressive.  It’s great to be working with a dynamic team and I look forward to helping shape the next steps of that journey.”

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About Enyx:

Enyx is a leading developer and provider of ultra-low latency FPGA-enabled technologies and solutions for the financial, telecommunications, and high performance computing industries.

Focused on delivering higher performance with a lower datacenter footprint, Enyx provides off-the-shelf, end-to-end solutions for the finance industry. The Enyx stack includes ultra low latency market data normalization and distribution, order execution and in-hardware algo acceleration. Additionally, the Enyx product range features wireless network solutions and a complete FPGA development framework compatible with a range of FPGA platforms.

With a passion for customer service and transparency, Enyx designs products made to deliver the next generation of technology, while maintaining accessibility and flexibility. Among our clients are financial service providers, exchanges, market data vendors, investment banks, brokers and investment funds.

Enyx offers global support to our clients worldwide with locations in Paris, New York, London and Hong Kong.

For media inquiries, please contact:

Jacqueline Genow
VP, Marketing & Communications
Enyx
jackie.genow@enyx.com | LinkedIn