Furqan Nazeeri

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  biz.yahoo.com/prnews/070501/netu023.html?.v=4 - [Cached Version]
  Published on: 5/1/2007    Last Visited: 5/1/2007  

  NEWTON CENTER, Mass., May 1 /PRNewswire/ -- SoftBank Capital today announced the addition of Furqan Nazeeri, a successful entrepreneur and noted expert in financial services technology and internet applications, as an Entrepreneur-in-Residence (EIR).Nazeeri will leverage his 15 years of expertise and pursue new business ideas in the areas of enterprise software and internet applications.In his role as EIR, Nazeeri will work with the SoftBank investment team on evaluating new market opportunities, performing due diligence, assisting portfolio companies and developing new business ideas.
  
  Nazeeri was most recently Founder and CEO of Pivot Solutions, a SoftBank Capital portfolio company which provides financial and investment firms with a fully integrated and collaborative platform to support real-time workflow and communication.At Pivot Solutions, he built the company's IMTRADER network into one of the fastest growing communities of institutional investment participants.In 2006, IMTRADER was the 3rd fastest growing financial technology platform and 31st largest overall as ranked by Securities Industry News.
  
  Nazeeri has held prominent leadership roles in senior management and product engineering in addition to founding or co-founding three companies.Nazeeri holds a BSE in Aerospace Engineering from the University of Michigan and a MBA from Harvard Business School.
  
  "I am pleased to join SoftBank Capital," said Mr. Nazeeri."I am impressed with their team, their vision and most importantly their focus on the entrepreneur.I have worked with many venture investors and SoftBank stands out as a clear leader.I look forward to working with their team and actively assisting their portfolio companies over the next several months."
  
  "We are thrilled to have Furqan join us and look forward to his contribution.

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  www.pivotinc.com/articles.php?news=060205 - [Cached Version]
  Published on: 6/2/2005    Last Visited: 3/22/2007  

  "Trading desks are overwhelmed by all these messages," says Furqan Nazeeri, chief executive of IMTrader, the vendor certified by AOL to build the bridge.
  
  Click here for the full article.

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  mail.wasatchvc.com/press_view.aspx?id=122 - [Cached Version]
  Published on: 8/22/2005    Last Visited: 6/16/2008  

  Brokers can also purchase an enterprise license and run IMTrader inside their own infrastructure with minimal IT requirements, such as the addition of Dell servers running Microsoft Windows, says Furqan Nazeeri, president and CEO of Pivot Solutions.

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  www.pivotinc.com/team.php - [Cached Version]
  Published on: 3/22/2007    Last Visited: 3/22/2007  

  Furqan Nazeeri, Founder Furqan Nazeeri founded Pivot Solutions in 2004 after recognizing the potential to use innovative technology to solve a widespread financial industry problem that stems from inefficient communications.With Furqan's guiding vision, Pivot's IMTRADER platform, with patents pending, is now the leading AOL-certified, real-time communications, trading and research distribution solution on Wall Street.
  
  Prior to Pivot, Furqan worked for Eze Castle Integration where he was CFO and EVP in charge of its fledgling software consulting group which he ultimately spun-out as Pivot.He was also a co-founder of Altgate Capital, an international hedge fund consultancy.In addition, Furqan was a key part of three other start-ups including leading international joint ventures for Nasdaq-traded, automotive technology vendor Amerigon.
  
  Furqan holds a B.S.E. in Aerospace Engineering from the University of Michigan and a M.B.A. from Harvard Business School.

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  www.pivotinc.com/board.php - [Cached Version]
  Published on: 3/22/2007    Last Visited: 3/22/2007  

  Furqan Nazeeri, President, CEO and Chairman of the Board Prior to Pivot, Furqan was CFO / EVP at Eze Castle Integration where he lead the software development division prior to spinning out as Pivot Solutions.Furqan has more than 13 years of technical and management leadership experience in entrepreneurial organizations in the US and Europe.Furqan has a bachelor's degree in aerospace engineering from the University of Michigan and a MBA from Harvard University.

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  mail.wasatchvc.com/press_view.aspx?id=102 - [Cached Version]
  Published on: 6/21/2005    Last Visited: 6/16/2008  

  "When a broker joins the network, they can advertise their membership to the entire community of users," says Furqan Nazeeri, CEO, Pivot Solutions, a spinoff of Eze Castle Integration.Buy-side firms that are part of the network can register brokers and the sell side can register its buy-side clients.
  
  "Imagine the FIX network with a global directory service - not only do you have a tool to enable a connection in 50 seconds, but you also have the ability to see who else is a member of the network," says Nazeeri.But he stresses that buy-side information is kept confidential."The buy side doesn't want their information published without their consent," he notes.
  
  Additionally, IMTRADER 3.0 includes the ability to access and distribute research over the instant messaging network using the Research Information Exchange Markup Language (RIXML) protocol."In the same way that brokers use instant messaging to communicate trade information on stocks and sectors, they're using IM to communicate research on stocks," explains Nazeeri.Brokers "wanted the ability to connect the messaging network with their research libraries."
  
  A buy-side firm can query its broker's latest research from within IMTRADER."It will give you the latest research summaries," says Nazeeri, who adds that the entire process is automated and could circumvent traditional research distribution systems such as First Call.
  
  IMTRADER automatically queries a broker's research library, eliminating the need to search for the research and manually rekey it into an e-mail, Nazeeri says.
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  According to Nazeeri, the company, which became independent from Eze Castle at the end of 2004, has grown by 10 percent this year and is on track to finish the year with about 40 brokers on the network.

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  mail.wasatchvc.com/press_view.aspx?id=81 - [Cached Version]
  Published on: 3/15/2005    Last Visited: 6/16/2008  

  In the financial industry, "We discovered that hedge funds in particular are heavy users of AOL," said Furqan Nazeeri, chief executive of Pivot.He said the IMTrader software was built in 2002 but until now wasn't compatible with AOL, which is a system Pivot estimates 80% of traders use.Brokers' trading and research systems are part of the offering.The system connects with tools hedge funds are most familiar with and reliant upon for communication with a prime broker, Mr. Nazeeri said.Developers of IMTrader made trade execution possible by in real time by scrolling through tens of thousands of instant messages sent by traders to determine the cadence of the trading terminology.The system can decipher between a generic message and a trade order by focusing in on terms such as "top" instead of "limit" or the letter "b" as a short cut for "buy."The IMTrader technology originally was part of Eze Castle Integration, a technology outsourcing firm that has more than 350 hedge fund clients.The seamless process of instant messaging the trade and linking with an institutional broker's order management system may negate the need for a traditional trade order management system for some managers.So instead of taking weeks and months to install an order management system, hedge funds now need just a few hours, said Mr. Nazeeri.

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  mail.wasatchvc.com/press_view.aspx?id=97 - [Cached Version]
  Published on: 6/16/2005    Last Visited: 6/16/2008  

  "It's designed for a buy-side firm … that doesn't want to invest in a six-figure, high cost trade order management system," said Furqan Nazeeri, chief executive of Pivot Solutions, the company that offers IMTRADER.IMTRADER 3.0 also features trading enhancements to the AOL Instant Messaging compatibility introduced earlier this year.IMTRADER now can be used as a lightweight order management system.Hedge fund traders have access to multi-broker trading, electronic trading, automated end-of-day reporting, and the ability to import and export reports to and from Excel for modeling purposes, Mr. Nazeeri said.Mr. Nazeeri is also promoting the new links IMTRADER has with various brokerage firms' research libraries that let hedge funds directly tap into security or sector research.The company is currently partnering with brokers that already offer IMTRADER to their clientele.Most of Pivot's 300 buy-side clients are hedge funds, according to Mr. Nazeeri.

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  www.imtrader.com/press.php?news=10162006 - [Cached Version]
  Published on: 10/16/2006    Last Visited: 5/21/2007  

  "We've realized exponential growth over the last twelve months primarily driven by IMTRADER's network effect," explained Furqan Nazeeri, CEO of Pivot Solutions.

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  www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/w - [Cached Version]
  Published on: 5/1/2007    Last Visited: 5/1/2007  

  NEWTON CENTER, Mass., May 1 /PRNewswire/ -- SoftBank Capital today announced the addition of Furqan Nazeeri, a successful entrepreneur and noted expert in financial services technology and internet applications, as an Entrepreneur-in-Residence (EIR).Nazeeri will leverage his 15 years of expertise and pursue new business ideas in the areas of enterprise software and internet applications.In his role as EIR, Nazeeri will work with the SoftBank investment team on evaluating new market opportunities, performing due diligence, assisting portfolio companies and developing new business ideas. Nazeeri was most recently Founder and CEO of Pivot Solutions, a
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  Nazeeri has held prominent leadership roles in senior management and product engineering in addition to founding or co-founding three companies. Nazeeri holds a BSE in Aerospace Engineering from the University of Michigan and a MBA from Harvard Business School. "I am pleased to join SoftBank Capital," said Mr. Nazeeri.
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  "We are thrilled to have Furqan join us and look forward to his contribution.

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