AIM-listed Alpha FX Group, an FX risk management and payments specialist servicing corporates and institutions, has appointed James Carey as director of technology with immediate effect.

Carey brings to the role experience including 6 years at Betfair, most recently as Head of Technology, where he was responsible for the Betfair Exchange, the largest sports betting exchange in the world.

There he managed a platform that handled 3 billion requests and 700 million transactions per day. As part of his role he was responsible for leading the global technology teams.

Prior to this, he led one of the development teams at the UK Ministry of Defence and also spent over 3 years developing technologies for the Foreign & Commonwealth Office.

Carey will work alongside MD of Alpha Payment Solutions Adam Dowling, who has been with the company since late 2018.

Carey will take leadership of a technology team of around 40 with responsibility for delivering Alpha’s technology roadmap and ensuring that the underlying platform is able to scale.

On his appointment, Carey said: “Alpha’s roadmap is incredibly exciting and I’m looking forward to working with the team and using my experience to deliver the functionality and resilience that our clients want, at the scale that we know Alpha can achieve.”

Morgan Tillbrook, CEO of Alpha, added: “James’ achievements at Betfair are very impressive. His skill set is tailor made for the next phase of our development and will ensure our technology remains scalable and resilient, in order that we can flex and evolve to meet the needs of our high-value client base.

“Technology underpins every aspect of our offering and will remain central to our strategy as we continue to grow. To be able to attract somebody of James’ calibre demonstrates our ambitions for the long-term future and our commitment to delivering our high-value client base with an unrivalled offering from start to finish.”