.jpg)
Crowdsurfer, the data intelligence service for crowd finance, announces today that Richard Baker has been appointed its new Chair, replacing retiring Chair, Walter Herriot OBE. Crowdsurfer serves those organisations impacted by crowd finance (defined as web-based marketplaces for debt, equity and other funding), enabling them to monitor and react to the industry using data intelligence tools and empirical deep data.
Baker is a leading expert on financial technology, OTC regulation for derivative trading and clearing, and over-the-top services (OTT) (utilising the Internet as an infrastructure) for marketplace and platform solutions. He most recently served as CEO of Cleartrade Exchange (CLTX), a regulated futures trading venue in Singapore and as Chairman of Quiptel, a video streaming platform technology company. He has been responsible for fundraising and investor relations, commercial, technology and regulatory strategy and leadership and commercialisation of the business plans.
Emily Mackay, Crowdsurfer’s CEO comments: "Richard is an exemplary addition to Crowdsurfer’s board. He brings valuable experience, connections and know-how as a successful fintech entrepreneur, having built an international futures exchange business and as an experienced executive and non-executive director for high-tech ventures. He was instantly enthusiastic about Crowdsurfer’s role in the burgeoning global crowd economy and brings his significant insight into the profound changes that technology is playing in how money moves around the world. We are thrilled to have his endorsement and commitment to Crowdsurfer.”
Richard Baker adds: "There is a global democratic revolution underway for those that use financial services in the modern world. Fintech is changing the face of how we transact financially with everything, the traditional role of the bank is being “unbundled” by technology, costs are being lowered, transactions made simpler and quicker and barriers removed. The role and importance of crowd finance will continue to grow in the years to come and therefore information transparency will be critical to the success of the industry and the protection of those using its services. Crowdsurfer is uniquely placed and has built critical data intelligence infrastructure to serve this fast paced dynamic market extremely well. I am delighted to join the board and I am looking forward to working with Emily and her very capable team in building the next iconic market data company.
