First Derivatives announces senior appointments in KX and MRP divisions

New senior appointees at First Derivatives: Eric Raab, new KX CTO and Scott Matthews, new CEO for MRP.

NEWRY-based First Derivatives has announced two new senior appointments.

Eric Raab has taken over as chief technology officer (CTO) for its high-performance analytics software business KX, while Scott Matthews is the new chief executive of MRP, the group’s global predictive intelligence business.

Mr Matthews succeeds Kevin Cunningham, co-founder of MRP, who is stepping down after 13 years.

Both will report directly to First Derivatives’ chief executive Seamus Keating.

MR Matthews joins from Crowdtwist, a leading SaaS-based customer loyalty solutions provider that was acquired by Oracle. He previously served as chief executive of

Mr Raab joins from Information Builders Inc, a data and analytics software company which was recently acquired by TIBCO. He previously served as CTO at Yodle Inc.

The Newry group said Mr Raab will have responsibility for research and development and the technology roadmap at KX, with a focus on accelerating expansion of its platform across industries.

Mr Raab said it was an incredibly exciting time to join KX.

“As the volume and complexity of data continues to grow unabated, it is driving change across all sectors. Organisations are looking for a partner who can help them achieve tangible business value from their vast historic data and what comes in real time, whether it’s in the cloud or at the edge, and KX is well positioned to address this need.”

Commenting on his appointment, Scott Matthews said: “The phrase ‘market leader’ is often over-used but the Prelytix platform is genuinely world-leading. It is relied on by firms across the globe to justify and optimise their marketing investments and drive measurable revenue impact. I am looking forward to working with the team as we drive a new chapter of growth.”

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