Contact: Matthias Beckmann
Integral Development Corp.
phone: (650) 424-4548
email: matthias.beckmann@integral.com

3400 Hillview Avenue, Building 4
Palo Alto, CA 94304
www.integral.com

PRESS RELEASE
Integral Expands Senior Team in New York, London and Tokyo— Global expansion to support increasing client adoption of next-generation products— Industry-leading talent attracted to industry-leading technology

PALO ALTO, Calif. (November 19, 2015) — Integral Development Corp. (www.integral.com), theonly provider of end-to-end electronic FX trading platforms, announced today new executive
appointments in its New York, London and Tokyo operations. They come in the midst of an
unparalleled push in product innovation, covering both new exchange mechanisms (Open Currency
Exchange™) and new risk management platforms (FX Yield Manager™). Soren Haagensen will join in
New York as Managing Director, BankFX, Americas. His focus will be on serving the banking sector inthe Americas. In London, Alan Scott will be Managing Director, Enterprise Solutions. As such, he willoversee the integration and upgrade of numerous existing Integral enterprise-class deployments inbanks and brokers across Europe and the Middle East. Takashi Ozeki is now Regional Sales Director,
Japan, where he serves the region across all market segments.
“It is with great pleasure that I welcome these experienced industry professionals to Integral,” said
Harpal Sandhu, CEO, Integral Development Corp. “We are augmenting our teams with seniormarket sector expertise to better serve our customers around the world with their integration andadoption of our end-to-end FX platforms. As our clients, globally, expand their FX businesses basedon the Integral platform, they increasingly leverage our industry-leading expertise to grow theiroperations and gain a competitive advantage.”
Soren Haagensen joins from Societe General where he spent the last 20+ years of his career. He
held a variety of management positions in the bank’s corporate and investment banking
organization and was instrumental in the bank’s e-FX efforts. He left as managing director, head ofe-commerce for the Americas. Before focusing on e-commerce, Haagensen acted as Societe
General’s business manager for its New York FX business. Haagensen began his FX career at Den
Danske Bank in Copenhagen and, after relocating to New York, he also worked at Banco Espanol deCredito (Banesto) and Bank Brussels Lambert (BBL) before joining Societe General. He holds aMOREINTEGRAL PRESS RELEASE

PAGE 2degree from Copenhagen Business School and was inducted into the 2014 FX Hall of Fame by Profitand Loss Magazine.
Alan Scott joins from 360T, where he was the global head of product and liquidity development. In
that role, he focused on improving solutions around pricing engines, latency, and execution quality
to better serve major market making partners of the firm. Prior to that, he was founder and CEO ofVelocity/Velsys, a cloud-based solutions provider for the banking industry. He designed and built
V-FX, a leading front-to-back complete e-FX trading platform. Additionally, he held regional
management and sales positions with EDS/HP, Digital Equipment Corporation (DEC) and Olivetti
among others. He holds a diploma of business administration from Adelaide University, Australia; adiploma of company directorship from the Australian Company Directors Association, Adelaide; anda diploma of computer programming from DSI, Adelaide.
Takashi Ozeki joins from the Internet Initiative Japan (IIJ), where he was Deputy General Managerand Senior Consultant for the Financial System Division of the firm. In that role, he worked with FX
brokers and securities firms in Japan on assisting them with their financial systems needs including
Raptor, an FX system that he developed for IIJ. Prior to that, he spent five years at FXCM in both its
Tokyo and New York offices. His professional background further includes employment at Himawari
Securities and IBFX, as well as at a variety of large Japanese corporations. Ozeki holds a Master’s
Degree of International Management from the American Graduate School of InternationalManagement (Thunderbird) in Glendale Arizona; and an Economics Degree from Nagoya University,Nagoya, Aichi, Japan.
In related news, Bryan Smith, Director, Investor Sales EMEA, recently relocated from the Palo Alto
office to London to better serve institutional investors in Europe. And, Matthew Avery rejoined
Integral in its London office as Director, Margin FX sales.

###About Integral
Integral’s products deliver the FX industry’s only fully integrated end-to-end electronic trading platform. FX Cloud™
allows institutions to design and deliver their unique FX business to their customers, while the Open Currency
Exchange™ (OCX™) provides institutions with integrated access to unparalleled liquidity for best execution.
Founded in 1993, Integral maintains development, support, and sales offices in Palo Alto, New York, London,
Tokyo, Singapore, and Bangalore. For more information, visit www.integral.com. © 2015 Integral Development
Corp. All rights reserved. Integral technology is protected under U.S. Patent Nos. 6,347,307 B1; 7,882,011 B2 and8,417,622 B2, patent pending applications and related intellectual property.