Entries by Greg Barr

Solace Appoints Business and Technology Industry Veterans to Board of Directors

Goldman Sachs and Vodafone Veterans to Help Guide the Company as it Accelerates Growth and Expands into New Markets

OTTAWA, ONTARIO, Jan. 10, 2018 –  Solace announced today the addition of business and technology veterans Randolph (Randy) Cowen and Steve Pusey to its board of directors. Solace will leverage these leaders’ expertise in business and technology-enabled transformation to guide the company’s rapid growth as more organizations turn to their technology to move data between applications and devices as part of their hybrid cloud, internet of things (IoT) and digital transformation initiatives.

“As Solace continues to scale and transform into a hybrid cloud and IoT solutions company, Randy and Steve’s guidance will be invaluable,” said Les Rechan, CEO. “We know 2018 will see more organizations than ever investing to improve the way they connect systems and people, and we have bold plans to establish undisputed market leadership in the trusted enterprise data movement solutions space.”

Randy Cowen brings 30 years of financial services and information technology experience to the board.

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Solace Launches Messaging as a Service Offering for IoT and Hybrid Cloud Deployments

 Making the power of Solace enterprise-class messaging accessible and simple for all developers

LAS VEGAS, Dec. 5, 2017 –  Solace today announced a new managed messaging service called Solace Cloud. Solace Cloud lets developers building cloud-based applications easily tap into the power of Solace’s enterprise-grade messaging without the burden of installing, maintaining and upgrading messaging software.

“With Solace Cloud, we are able to spin up message brokers with just a few clicks,” said Zac Kwan, technical lead, ChatQ. “We find it so easy to use that our developers can focus on building core features instead of getting entangled setting up messaging infrastructure.”

Solace Cloud is a one-stop-shop messaging service for developers who are building microservices, IoT systems, and real-time data streaming or mobile applications. With Solace Cloud, developers no longer need to use multiple messaging technologies to enable their applications to send and receive real-time information. It is also the first messaging service to natively offer hybrid-cloud and multi-cloud connectivity to provide a single real-time messaging fabric that can seamlessly tie together systems running in public clouds, private clouds and on-premises environments.

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Solace Board Appoints Founder Craig Betts as Executive Chairman and Les Rechan as President and CEO

Solace to Extend Its Global Leadership in Hybrid and Multi-Cloud Open Data Movement

Ottawa, Ontario, September 8, 2017 – Solace, the leading provider of open data movement technology, announced today that its Board of Directors has appointed Craig Betts, the Company’s founder, as Executive Chairman of the Board. Leslie (Les) Rechan, former President and CEO at Halogen Software, will join the leadership team as President and Chief Executive Officer. Mr. Rechan has also been appointed a Board Director. In his new role, Mr. Betts will devote his full time to customers and partners, while driving the overall vision and strategy for the company. Mr. Rechan will work closely with Mr. Betts to lead strategy execution and business operations.

“I am proud to welcome Les to Solace as CEO,” said Craig Betts. “I have known and admired Les since he and his family moved to Ottawa over a decade ago. With over 30 years of industry experience, his operational expertise is unparalleled, making him the ideal person to step into the CEO role as we continue to grow in our increasingly cloud-focused business.… Read the rest

World’s Largest Interdealer Broker TP ICAP Selects Solace as Foundation for Open Data Movement

Cloud-Friendly Messaging Platform Will Enable Migration to Modern Service-Based Architecture

Ottawa, Ontario, June 20, 2017 – Solace, the leading provider of open data movement technology, and TP ICAP, the world’s largest interdealer broker, announced today that the company has deployed Solace technology to upgrade their messaging infrastructure and implement a modern service-based trading architecture.

“The size of our client base and breadth of our service offering have both grown significantly since TP ICAP was formed through Tullett Prebon’s acquisition of ICAP’s global brokering business in December,” said Matt Dobson, Global Head of Technical Architecture, TP ICAP. “We believed that to continue providing exemplary service to our clients we needed to migrate to a service-based architecture, and knew we needed to upgrade our messaging infrastructure to support that change. Solace has exceeded all of our expectations.”

TP ICAP chose Solace’s Virtual Message Router and SolCache as together they uniquely support the wide variety of exchange patterns required as part of the company’s intermediary services, internal and external trade execution solutions, and data offerings.

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