July 21, 2022 - Emerging markets focused institutional ECN DMALINK adds Andrew Evans to its senior advisory board to bolster representation from asset allocators, buyside funds and to play a pivotal role in scaling the enlarged group post-merger.

The appointment comes as DMALINK looks to build even further on its commitment to create more open, transparent and accessible FX, gold and digital asset electronic trading ecosystems.

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Manu Choudhary, Chief Executive Officer of DMALINK

Manu Choudhary, Chief Executive Officer of DMALINK, said, “Andrew represents a major strategic addition to DMALINK and our senior advisory board. Andrew brings with him not only two decades of deep financial markets knowledge, but also adds the insight of an asset allocator and as the CEO and founder of one of London’s fastest growing FinTech Unicorns, a huge amount of strategic vision. We are delighted that Andrew decided to join DMALINK on our journey to create the most disruptive electronic trading venue in the world.”

Andrew Evans co-founded Smart (formerly “Smart Pension”) to give real people simpler ways to save and access their savings throughout their lives. In recent years many world-leading institutions and governments have partnered with Smart helping it become one of London's fastest growing FinTech Unicorns with over £4 billion in assets under management. He was previously an international managing director, with roles at Lloyds, Barclays and Credit Agricole. He also works with cutting edge innovation foundations – awarding funding and offering advice to promising UK fintech companies and social entrepreneurs, including those who work with open banking.

Andrew Evans, DMALink's new Non-Executive Advisor added, “As an asset allocator, Smart strives to maximise returns to investors. The radical advances being created in terms of pre-trade TCA, AI powered liquidity management and anomaly detection, are invaluable tools to help buyside fund managers make better informed trading decisions whilst being able to benchmark execution across FX, gold and crypto helps reassure asset allocators that returns are not eroded needlessly by high frictional costs.”

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Michael Siwek, DMALINK Founder

Michael Siwek, DMALINK Founder concluded “The boards of DMALINK Ltd and DeFinity Markets Ltd recently agreed to merge the businesses to create the world's first cross asset institutional electronic trading venue. Whilst we await regulatory clearance, Andrew’s role will focus primarily on DMALINK, however, he will be instrumental in helping to scale DeFinity Markets and the enlarged group and play a key role in our Series A capital raise. “