About VT Enterprise

wallstsign2VT Enterprise (VTE) was founded by Victor Olex in 2001 with the mission of becoming a key provider of innovative IT solutions to financial firms such as banks and hedge funds.

VTE’s current offerings include staffing expert IT consultants, turnkey IT project management, as well as an innovative reference data solution. VTE is constantly working on novel IT solutions to address the needs of financial firms.

VTE is headquartered in Jersey City NJ, ideal for serving customers in New York City as well as in the tri-state region, and has cost-effective offshore software support.


Our technology solutions are often crucial to our clients' competitive advantage. Unless explicitly permitted to do so we do not publish or otherwise share any specifics with regards to our clients' projects.

Our growing list of customers includes:

  • Banks such as Citigroup, Merrill Lynch / Bank of America, Commerzbank (formerly Dresdner Kleinwort), and ING Securities.
  • Hedge funds such as Harbert Management and Integrated Finance Ltd.
  • Companies such as the New York Times and DSM.

Partnering strategy

VTE generally recommends the use of open source software, given the cost savings by avoiding license fees, as well as the excellent quality of open-source software that results from peer production.

Some examples of open source software recommended by VTE are Apache, Django, Python, SQLAlchemy, Hibernate, and Varnish.

Other than open source software, VTE has expertise in and can work together with a large range of commercial software vendors such as Microsoft, Oracle, IBM, Sungard, Calypso, Murex, Summit, Bloomberg as well as a number of financial data providers.


vt.enterprise’s management consists of:

  • Victor Olex, President and Founder

    Victor is an IT industry veteran, who has worked at a large number of banks, hedge funds and technology companies for almost 15 years. He is a hands-on manager and software developer, and is often personally engaged in the day-to-day work with our clients. Victor has an IT engineering degree from the Polish-Japanese Institute of Information Technology.

  • Erik Pennings, Advisor Sales and Marketing

    Erik combines a MS in Physics, PhD in EE, and an executive MBA in addition to well over 15 years of high-tech marketing and product management experience for startups and large corporations.

  • Michal Dobrzanski, Director of Outsourcing

    Michal manages VTE’s offshore software development center in Poland. Michal holds an IT engineering degree from the Polish-Japanese Institute of Information Technology. Prior to joining VTE Michal managed IT infrastructure at a leading insurance company.

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