Integral Press Release
Integral Hires FX Veteran to Reinforce Focus on Investor
Sales Segment
SUNNYVALE, Calif. (November 14 , 2011) — Integral Development Corp. (www.integral.com), a leading provider of FX trading solutions and services, announced today that accomplished industry veteran Mike Testa has joined the firm as managing director, investor sales. He will be based in Integral's New York office.
"Investor customers including pension funds, investment managers, and mutual funds have always been one of the thought leaders and innovators in the evolution of foreign exchange. Our solutions uniquely help this customer segment in navigating the complexity of fragmented FX markets and in achieving best execution. We are very pleased that Mike has decided to join us and to bring his deep expertise to bear for the benefit of Integral and its customers," said Harpal Sandhu, CEO, Integral Development Corp. "I am convinced that our award-winning technology in combination with Mike's unique understanding of the needs of this market segment will prove to be a winning combination."
Testa joins Integral after a long and successful career in foreign exchange, both on the buy and sell-side. Most recently, Testa was managing director, real money institutional FX sales North America, at Barclays Capital, covering pension funds, central banks, insurers and asset managers. Prior to that, he spent 15 years at Citigroup in a number of senior roles, most recently as managing director, global macro sales North America. While at Citigroup, he focused primarily on the customers in the bank's investor segment (pension funds, real money, macro funds etc.). He also spent five years at General Motors, managing the company's FX exposures. Testa holds an MBA in finance and a bachelor degree from the school of engineering and applied science, both from Columbia University in New York, NY.
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About Integral
Integral develops and operates FX Grid®, a global Multi-sided Trading technology connecting active market participants with all major sources of FX liquidity. Together with FX Inside Professional™, its real-time EMS, Integral's products represent the intersection of direct market access and algorithmic trading in the foreign exchange markets. Founded in 1993, Integral maintains development, support, and sales offices in Silicon Valley, Chicago, New York, London, Hong Kong, Tokyo, Singapore and Bangalore. Investors include Accel Partners, Adams Street Partners, Hudson Ventures, Ignite Group, Mizuho Capital and Mitsubishi UFJ Capital. For more information, visit www.integral.com. © 2011 Integral Development Corp. All rights reserved. Integral technology is protected under U.S. Patent Nos. 6,347,307 B1 and 7,882,011 B2, patent pending applications and related intellectual property.
