Devexperts, the developer of popular multi-asset trading platform DXtrade, has announced the appointment of Ben Hurley (pictured above) as its new CEO, replacing longtime CEO Michael Babushkin. Babushkin has been CEO of Devexperts since 2010. The company said this strategic move underscores its commitment to a new phase of development, based on years of evolution and development. It underlines a progressive vision of providing customized technology solutions to its global customer base of financial institutions and brokerage firms.
Ben Hurley, who has been with Devexperts since 2022 as Country Manager Ireland, has been instrumental in reshaping the company’s operations and driving its restructuring project forward. With over two decades of experience in innovation, business process optimization and product development, the company said Hurley is ideally placed to guide Devexperts in its next phase of growth with a deep understanding of the company’s skills, expertise and customer base and his own extensive leadership experience.
Devexperts said it has grown into a strategic partner with many major clients. Relationships are now much more than a product company or service provider: Devexperts works with clients to tailor solutions that align with their needs as the industry continues to evolve. Whether through build, buy or hybrid approaches, Devexperts focuses on connecting users to financial market opportunities by providing best-in-class technology solutions, including advice from its deep capital markets knowledge.
Ben Hurley, CEO of Devexperts, said:
“Central to Hurley’s vision for the future is strengthening Devexperts’ ability to provide seamless and efficient access to capital markets for companies. He continues: “We are committed to enabling broad access to financial markets by expanding our technology offerings to brokers and financial institutions. Devexperts is already doing this, for example, by offering fractional share trading on our platforms that enables wider investor participation, and supporting mobile platforms and artificial intelligence 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 added that it is committed to driving innovation for its market data services and full range of trading platforms, from SaaS solutions tailored for smaller brokerage firms, to infrastructure and internal systems designed for large financial institutions. Devexperts solutions are highly customizable, support multi-asset transactions and include customized services to meet different 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 to the future, we will continue to do this while continuing to push the boundaries of innovation. With Michael’s continued involvement, we are well positioned to advance our mission and meet the evolving needs of our users.”
As Hurley takes over Babushkin, the transition ensures continuity, with Devexperts remaining focused on maintaining momentum, improving operations and building a strong foundation for the company’s future. Babushkin’s active engagement will support these efforts, ensuring the company continues to explore and capitalize on new opportunities.