Lucido Establishes European Hub in Amsterdam and Appoints Jan de Weerdt

by Lucido Group

As Part of its Global Expansion Lucido Group is Opening Offices in Amsterdam and Expanding its Team

Lucido Group LLC, a specialist consultancy and software provider, announced today that it is expanding its activities in the European financial and commodity markets. After opening offices in London in 2021 with a focus on capital markets, Lucido is now taking the next step. The Amsterdam presence acts as the base for servicing customers in the EU, with an increased focus on the Energy and Commodities Trading and Risk Management markets. Lucido will now be able to offer its services to its existing accounts with a global reach and is in the process of expanding its activities and adding European-energy traders to its rapidly growing customer base.

Lucido is very happy to be able to announce that Jan de Weerdt will join the firm out of the new Amsterdam offices to help build the firm’s European energy team. “We could not be happier to have a proven industry veteran such as Jan help us to launch expanded energy capabilities in Europe. He has worked closely with members of our team in the past and has shown exceptional capabilities delivering to key clients” said CEO, Sean Kilpatrick.
Added Russ Meyer, SVP Energy Solutions, “as we looked to start our energy practice in Europe, we wanted to find someone who had experience across many commodities in many roles, while being a strong cultural fit. Jan proved to be just that and our due diligence research found Jan highly regarded by customers and colleagues alike. We are excited for what Jan brings to the team, and he has already hit the ground running.”

Jan de Weerdt brings over 20 years of experience in the Energy Trading and Risk Management industry and has previously worked in the financial markets and been instrumental in developing and implementing electronic trading technology for banks, brokers, and trading organizations in the financial and energy markets in Europe and the US. Most recently, Mr. de Weerdt was a Principal Consultant at ION Group, where he worked with the Allegro ETRM platform and prior to that he ran system selections and implementation projects for other systems, including Openlink Endur. Before ION Group, Jan worked as consultant and project manager for Siemens, Schlumberger and a number of others.

“I am really excited to join Lucido” comments Jan. “Lucido have been able to attract many of the most talented and experienced individuals I have had the opportunity to work with, and we are now in the process of building a European dream team. It is my experience that a critical success factor in ETRM implementations is the involvement of super specialists that bring in a wealth of experience and Lucido staff fit exactly that profile. In the current market, where product vendors have taken a step back as part of their strategies to diversify and reduce costs and systems integrators rely on more generically skilled resources, we can make the difference between success or failure and add the value our customers expect given the investments in their ETRM systems.”

About Lucido Group
Lucido is a specialist solution provider, serving capital markets and energy participants, primarily users of Allegro’s ETRM trading system and Openlink Findur for capital markets. We have deep expertise on enterprise data models, energy and non-energy derivatives, software delivery and support.

Our clients seek greater system flexibility to ensure they can quickly and easily enter new products and markets while controlling costs. Our unique expertise and team backgrounds enable them to do just that. We provide advisory to clients seeking the best outcome for their bottom line and future technology landscape.