A pioneer in financial services technology, Seth founded his third company, Liquidnet Holdings, in November 1999. Liquidnet has since established itself as the #1 execution venue for buy-side institutions (according to a 2005 Institutional Investor survey) and the largest source of purely institutional liquidity in North America and Europe. Prior to Liquidnet, Seth co-founded VIE Systems, Inc., a financial services application integration software company, in 1997. VIE was sold to New Era of Networks (NEON) in 1999. In 1985, Seth founded his first company, Merrin Financial, which launched the industry's first order management, compliance and electronic order routing systems for asset managers. Merrin Financial was sold to ADP in 1996. Seth's innovations have been profiled in numerous articles in a variety of trade and business publications. In 1999, Seth was recognized by Wall Street & Technology as one of the "Top 10 Financial Technology Innovators of the Decade." Since 2002, Seth has been named consecutively to Institutional Investor's "Online Finance 40," the top 40 visionaries leading the way in e-finance and one of the financial industry's top 5 "tech savvy CEOs." |