Vela ropes in MarketOpen co-founder Scott Visconti as CTO

Vela today said that Scott Visconti has joined the electronic-trading solutions provider as its chief technology officer in New York.

Visconti will focus on technology strategy, supporting growth and development of Vela’s product stack, services and processes. He will lead the global development team and work alongside the executive team.

Jennifer Nayar, chief executive officer, Vela said, “We are delighted that Scott has joined Vela. Having Scott as part of our executive team underpins our focus on hiring high-caliber leaders to deliver quality technology solutions for our global clients.”

Scott is the co-founder of MarketOpen, a startup data analytics platform providing ongoing trading surveillance in stocks, exchange-traded funds, equity options, futures and crypto assets. He was vice president and head of NYSE Group Technology, where he managed Development, Quality Assurance, Project Management Office, Capacity Management and IT Compliance functions.

Scott has also held senior roles at firms like BNP Paribas, Credit Suisse and S&P Comstock. Scott holds a Master of Science in Electrical Engineering from Polytechnic University and a Bachelor of Engineering from Manhattan College.

“Scott is a highly-accomplished technology executive with a wealth of experience across multiple asset classes, a keen interest in mentoring and motivating cross-functional teams, and a determination to deliver new products and services,” Nayar added.

Scott said, “Vela has a unique position in the marketplace and a reputation as being agile and forward thinking. I am pleased to be joining the company at this very exciting time and I look forward to working with the team to leverage the latest innovations in technology to deliver cutting-edge performance, features and reliability.”


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