MillTechFX, an independent, multi-bank comparative forex market, announced today that the company has appointed Gal Hochberg, a serial entrepreneur and one of the leading financial technology executives, as a non-executive director of its flagship UK company.
In an official press release joint with Finance Magnates, MillTechFX highlights the importance of secure systems and platforms in the global financial sector. The company aims to use Hochberg’s expertise in the safe foreign exchange market.
Hochberg has over 15 years of experience building and leading software companies in the areas of cybersecurity, artificial intelligence, machine learning, and blockchain. He co-founded various companies including HiredScore and Clear.
“Gal has a wealth of experience and is well-respected in the industry, so we are delighted to have him on the MillTechFX Board of Directors. With the growing cybersecurity threat globally, his strong track record of developing secure systems and platforms will be crucial to helping ensure our defenses remain as strong as possible. We look forward to To work closely with Gal as we move to reduce costs and streamline workflows for asset managers and corporate treasurers through our secure foreign exchange market,” Eric Hotman, CEO of MillTechFX, commented on the latest appointment.
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Hochberg has a strong grip on matters of cybersecurity. Previously he led cyber security consulting operations with various global companies. In addition, Hochberg served as a decorated officer in the Israel Defense Forces.
“MillTechFX is a true financial technology in that it has found a major problem – asset managers and corporate treasurers got a bad deal in their FX execution – and has created a team with relevant expertise and secure laser focused technology to address this issue. I was very impressed with the platform and the team that built it Eric at MillTechFX. I look forward to helping the company achieve its goal of creating a fairer foreign exchange market for all participants.”
Hochberg also founded GetPensia, a social impact company, to reduce the fees low-income savers in Israel pay for their pensions.