Data Boiler Names Former JP Morgan Exec COO

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Before joining JP Morgan as vice president of regional cash management in 2008, Lai was head of treasury at securities trading firm KGI Asia, and also served as product controller at ABN Amro.

Based in Hong Kong, Lai reports to Data Boiler founder and president Kelvin To, who is based at the vendor's headquarters in North Weymouth, Mass. Ben Chen, who joined the vendor last year as data scientist (IMD, Sept. 23, 2013), now reports to Lai.