Scila’s Alex Lamb talks with John Lothian News about his strategy for the Americas and what sets Scila apart from others

Apr 28, 2023

John Lothian

John Lothian

Executive Chairman and CEO

Alex Lamb, head of the Americas at Scila Inc., talked with John Lothian News at the FIA International Futures Conference in Boca Raton, FL., about Scila’s strategy for the Americas, how the company got its start, and what sets it apart from others that provide software tools for identifying market abuse, risk, or operational errors.

Clients who’ve been with Scila for many years are the priority, Lamb said. He’ll be looking to develop those client relationships and build out relationships with new clients. His work will be one part selling and another part marketing and public relations to heighten visibility of Scila’s software for surveillance, risk management and AML. The company is known for its good technologists who build scalable, fully redundant surveillance software, he said. Risk management software is a more recent product.

The company was founded 16 years ago by a CEO who cut his teeth in trading systems and exchange matching engine systems. It’s moved through a few iterations and is now an employee-owned company with a third party local Swedish investor that invests in big name companies. Scila has the opportunity to grow quickly. Lamb’s long experience means he can introduce his boss to people he knows and set the stage for conversations with those holding their current customer profile – regulators, exchanges, and international trading companies, among others. 

Scila can monitor the entire range of European energy products, and it intends to build out energy monitoring in the United States. “But nobody knows us,” Lamb said. “That to me is the exciting part.  I’ve done this before. I’m gonna do it again.”

 Lamb said the company is innovative. Scila’s technologists are versed in building resilient, high-volume throughput systems – say 190 billion transactions a day. “I don’t think any of our competitors can do that,” Lamb said. Its products are also easy to use, and the support and development team is flexible and can deal with Scila’s specialist customer base, he said.

These are the questions we asked Alex Lamb: 

  1. What is Scila trying to do in the Americas? 
  2. How did Scila start?
  3. What differentiates you from your competition?

 

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