Virtu Financial Announces Inaugural Internal Global Automation Hackathon Team Winners

Rhea-AI Summary

Virtu Financial (Nasdaq:VIRT) successfully completed its inaugural Global Automation Hackathon 2021, engaging over 50 employees in 20 teams. The event aimed to identify automation projects that could enhance efficiency within the company. Teams focused on learning new skills like Python, Machine Learning, and SQL, showcasing their creativity and teamwork in the process. The results highlighted Virtu's commitment to technology and employee development. Winning teams were recognized for creativity, new skills, teamwork, and time saved, reflecting the firm's inclusive culture and focus on continuous learning.

Positive

• Engagement of over 50 employees in the Automation Hackathon demonstrates strong employee involvement.
• Focus on learning new technologies and skills like Python, Machine Learning, and SQL enhances workforce capabilities.
• Winning teams reflect effective collaboration and innovation, contributing positively to company culture.

Negative

• None.

NEW YORK, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a global market maker, broker and leading provider of global financial services technology today announced the successful completion of its inaugural Global Automation Hackathon, 2021. The global event invited all employees―developers and non-developers alike―to lend their skills and draw on their expertise across all business units and geographical locations. Over 20 automation-focused teams, comprised of 50 employees, collaborated extensively to identify meaningful projects that could benefit from technological automation. Entirely employee-driven, participating teams self-organized and shared tasks in pursuit of delivering a winning solution.

The Automation Hackathon projects were judged using four criteria: overall time saved by completing the project, scope of new skills learned by the team, the creativity of the approach applied by the team and overall teamwork. Participants actively engaged in learning new skills including Python, accessing data through APIs and directly connecting to systems, Machine Learning, AI, SQL and Excel. 

“Virtu’s ability to scale is driven by our focus on technology-first solutions and our commitment to employee skills development, mentorship and life-long learning,” said Erin Stanton, Co-Chair for Diversity, Equity and Inclusion at Virtu Financial. “The Automation Hackathon results are impressive, but in my view the firmwide team building aspect ultimately serves and benefits the entire firm, our clients and investors. Challenging and fun projects like the Hackathon are at the core of our strong Virtu Together culture and helps to illustrate our ongoing commitment to be an inclusive workplace for all.”

Virtu congratulates its Automation Hackathon 2021 winning teams:

• Creativity – Team 9: Samuel Pang, Edwin Lau, Michael Corrao
• New Skills – Team 4: Carolina Andreoli, Tim Walsh, Jerome Provensal, Tara Leyden, Kassandra Dolor
• Teamwork – Team 10: Ashley Kryshtalsky, Kara McDermott, Judy Maiorca, Maria Ma, Matthew Crummey
• Time Saved – Team 8: Priscila Acerbi, Dandi Chen, Erin Stanton

Part of Virtu’s broader commitment to talent retention and expanding technical skills for both Virtu employees and in the communities we serve. The Automation Hackathon event was organized by Virtu’s Continuing Education and Diversity, Equity and Inclusion representatives.

About Virtu Financial
Virtu is a leading provider of financial services and products that leverages cutting-edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to its clients. Leveraging its global market making expertise and infrastructure, Virtu provides a robust product suite including offerings in execution, liquidity sourcing, analytics and broker-neutral, multi-dealer platforms in workflow technology. Virtu’s product offerings allow clients to trade on hundreds of venues across 50+ countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income and myriad other commodities.  In addition, Virtu’s integrated, multi-asset analytics platform provides a range of pre- and post-trade services, data products and compliance tools that clients rely upon to invest, trade and manage risk across global markets.

CONTACT:

Investor and Media Relations

Andrew Smith
investor_relations@virtu.com                 

FAQ

What was the purpose of Virtu's Global Automation Hackathon 2021?

The Hackathon aimed to identify automation projects and enhance efficiency through technology-driven solutions.

How many employees participated in the Hackathon?

Over 50 employees participated in the event, forming more than 20 teams.

What technologies were emphasized during the Hackathon?

Participants focused on learning technologies such as Python, Machine Learning, SQL, and AI.

What criteria were used to judge the Hackathon projects?

Projects were judged based on time saved, new skills learned, creativity, and teamwork.

What does Virtu Financial emphasize through events like the Hackathon?

Virtu emphasizes employee skills development, mentorship, and a commitment to an inclusive workplace culture.