MDOTM, Milan-based fintech start-up that develops AI-driven strategies and quantitative models to support banks and asset managers in their investment decisions, has made two appointments in a bid to speed up its international expansion.
The fintech company has hired Andrea Caletti and Paul Holleran to its business development team. They will be focusing on European and UK institutional investors.
Caletti has more than 10 years' experience in the investment industry, starting as a trader in Banco Popolare before moving to Barclays to be responsible mostly for the firm's distribution networks. He later worked as a manager at Epic SIM.
Paul Holleran brings to MDOTM a vast international experience within the financial services industry having held various business development responsibilities across Asia and Europe, working for different international organisations including most recently Torstone Technology, a company focused on post-trade solutions for securities and derivatives.
Tommaso Migliore, CEO and co-founder of MDOTM, said: "I am very proud of the arrival of two very talented professionals such as Andrea and Paul. Their experiences combined with their strong knowledge of financial markets will play an instrumental role in closely following our clients and their needs as well as boosting our international expansion."
MDOTM develops AI-driven investment strategies. Its clients, which are exclusively financial institutions, use MDOTM's models in their investment decision process. The company recently closed its first funding round raising €2m from a combination of institutional investors and finance professionals to fund its international scale-up.