Netsys Backers Back Out, Founder Seeks Fresh Funds
ORGANIZATION AND STRATEGY
LONDON--Netsys Technologies, a provider of FIX-based connectivity and messaging solutions for electronic trading that boasts IT veteran Geoff Doubleday as executive chairman, is seeking fresh investment now that its backers have stopped funding the company, Trading Technology Week has learned.
Netsys founder and CFO Yann Borgstedt says Netsys is not in liquidation, but it has just two months to find a solution or he will be forced to close the firm. In the meantime, he has had to lay off most of
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