About

The LaSalle Technology Group, LLC (LTG) was founded in 2006 by father and son team of Jim and Jacob Northey.  LTG is focused on delivering expertise in the high tech finance industry while developing products that make deploying large financial applications easier. LTG is creating a suite of tools designed to lower the cost of FIX adoption and usage. Having worked closely with the FIX Protocol Ltd. in developing the FIX and FAST specifications, both Jim and Jacob have great insight into the current implementations as well as where the two standards are heading. The Lasalletech FIX Worbench suite follows their successful introduction of their commercially available DataSheet development framework and their open source OpenFAST library. 

In 2009, LTG is strengthening its ability to deliver quality products and services  via the pending merger with ISTEK Consulting, Inc. of Chicago, Illinois. ISTEK is led by Andy Faibishenko who will become a managing partner at LTG.

Jim Northey

Jim Northey has over twenty years experience as a manager, consultant, and implementer in the financial markets. He is currently the co-chair of the FIX Protocol Ltd. (FPL) Americas Regional Committee and serves at the Accredited Standards Committee X.9D chair. Jim is a partner in The LaSalle Technology Group, LLC. He serves professionally in a part time capacity as the Industry Standards Liaison for FIX Protocol Ltd.  Prior to starting Lasalletech, Jim was the manager of the derivatives practice area for Jordan & Jordan, a leading global management and technology consulting firm. Prior to joining J&J, Jim was a principal and founder of The LaSalle Technology Management Group (LTG) in Chicago which was a predecessor to the current Lasalletech. Jim served as a Managing Director at the Options Clearing Corporation in the mid-1990s and was Vice President of Operations for Zacks Investment Research in the late 1980s.

In March of 2006, along with a small group of innovators, Jim was awarded that Futures Industry Association Annual Achievement Award recognizing the work done to develop and deploy FIXML for listed derivatives post trade processing.

Jacob Northey

Jacob first started working in the financial industry while still in college at Michigan Technological University. While at Michigan Tech he worked for the administrative computing where he significantly developed his skills. After completing degrees in both Computer Science and Bioinformatics at Michigan Technological University, Jacob went to work at ThoughtWorks, a global IT technology provider. While at ThoughtWorks he was able to work internationally in both India and London. During his time at ThoughtWorks, he gained a wide variety of experience working on multiple projects. One of his primary projects was working for a major investment bank developing post trade processing systems. Jacob decided in 2006 that it was time to start focusing on software product development instead of consulting. At that time he started to develop Datasheet – which is a system for delivering real time messaging to a grid like interface similar to a spreadsheet. The Datasheet product is currently used to support our Allocation application that is running at a major futures brokerage in Chicago.

Andy Faibishenko

Andy Faibishenko has worked in the Information Technology industry for the last 17 years, the last 10 as an architect specializing in high volume transaction systems. He was the application architect for the new TransUnion consumer credit system, which was the second largest transactional database in the world at the time it successfully launched in April 2007, second only to the Social Security Administration database.