Former Deutsche Bank Director Joins Blockchain Firm AlphaPoint

​Blockchain solution provider AlphaPoint has announced that banking industry veteran Scott Scalf is joining its executive team.

AccessTimeIconJan 21, 2016 at 1:58 p.m. UTC
Updated Sep 11, 2021 at 12:06 p.m. UTC

​Blockchain solution provider AlphaPoint has announced that banking industry veteran Scott Scalf is joining its executive team.

Scalf, who was previously director of trade lifecycle systems at Deutsche Bank Global Technology, joins the firm as executive vice president of development operations.

“The financial sector is undergoing a profound technological shift as firms and institutions embrace the blockchain and related technologies. More than ever, it’s important that veteran leadership helps drive innovation in the space,” said Joe Ventura, AlphaPoint's founder.

Ventura suggested that, with more than 25 years of engineering and management experience, Scott has a "deep understanding" not only of existing market infrastructure, but of the firm’s vision.

Scalf brings to the company considerable experience in designing and managing trading systems, clearing and settlement, and regulatory reporting.

His previous roles include Head of Enterprise Technology and Head of Institutional Brokerage Technology at Susquehanna International Group, Director of Trade Lifecycle Systems at Deutsche Bank, and CTO and founder of S3 Consulting.

Scalf's teams have designed and delivered systems for a number of Wall Street institutions, including Merrill Lynch, Charles Schwab, Deutsche Bank, SIG, and others. Further, he holds two patents for proprietary middleware optimised for massively concurrent web applications.

“I am thrilled to be involved at this innovative stage to help the AlphaPoint team build the trusted infrastructure needed to realize the potential blockchain technology, digital assets, and distributed ledgers hold for capital markets and beyond,” said Scalf.

AlphaPoint is a financial technology company that provides institutions with blockchain-enabled solutions to store, track, and trade digital assets.

The firm also provides 'white label' backend solutions for over 20 digital asset exchanges.

Notably, in October 2014, AlphaPoint raised $1.35m in a funding round that included VC firms Ben Franklin Technology Partners and Robin Hood Ventures, as well as notable angel investors such as Invite Media co-founder Scott Becker and DuckDuckGo CEO Gabriel Weinberg.

Image via Shutterstock

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

2
CoinDesk - Unknown
A New Chapter of Web3: Solana Unveils Smartphone ‘Saga’; Moody’s Downgrades Coinbase

The most valuable crypto stories for Friday, June 24, 2022.

CoinDesk - Unknown
3
CoinDesk - Unknown
How Are Institutions and Companies Investing in Crypto?

From putting bitcoin on their balance sheets to setting up shop in the metaverse, the ways brands and institutions are investing in cryptocurrencies continues to expand.

CoinDesk - Unknown
4
CoinDesk - Unknown
Consensus 2022: Hollywood, Colleges, Conferences vs. Crypto

The state of crypto and economics live from Consensus 2022 in Austin, Texas.

CoinDesk - Unknown