Michael Bykhovsky serves as Chief Executive Officer and President of Applied Financial Technology, Inc. Mr. Bykhovsky served as Director of Portfolio Technology and developed a complete fixed-income analytical system at Fisher, Francis, Trees & Watts. He joined FFTW after two years at Hyperion Capital Management where he was a Vice President in charge of Quantitative Research. Mr. Bykhovsky headed a risk control group at ABN-AMRO. He served as a Vice President in the Mortgage Research Group at Prudential Securities. Mr. Bykhovsky holds a B.S. in Physics from Columbia University and a M.S. in Physics from the University of California at Los Angeles. Mr. Bykhovsky holds Ph.D. in Physics at CERN in Geneva, Switzerland and at Columbia University.