Excelian, Luxoft Financial Services expands its Wealth Practice with new UK lead 

Hassan Suffyan joins Excelian Luxoft from Coutts as a Director & Head of Wealth Practice in the UK

Excelian, Luxoft Financial Services, the financial services division of Luxoft Holding, Inc (NYSE:LXFT), today announced that Hassan Suffyan has joined as a Director & Head of its Wealth Practice in the United Kingdom.

Hassan Suffyan joins Excelian Luxoft’s team in London having previously spent over five years at Coutts, most recently as a Director in Wealth & Investment Management Delivery. Hassan was responsible for delivering scalability and operational efficiency through enhancements to Investment Management technology, processes and operating model at the Bank. Hassan brings over 10 years of experience to Excelian Luxoft with previous appointments at Ashcourt Rowan (acquired by Tilney), Canada Life and Mitsubishi UFJ Financial Group.

Under Hassan’s leadership, Excelian will continue to build its strategic partnership with Avaloq through a significant increase in local and near-shore functional and technical expertise. Avaloq is a Swiss company which develops and provides software for core banking and, as one of its lead partners, Luxoft develops its solutions and delivers its services from 41 dedicated delivery centres worldwide. Hassan will also leverage Luxoft expertise in Artificial Intelligence, Robotic Process Automation and Machine Learning to help Private Banking & Wealth Management clients unlock the potential of powerful new technologies.

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“Excelian is committed to helping clients realise strategic goals through optimising their use of core banking platforms and digital services to ride the wave of digital disruption,” said André Müller, Managing Director & Global Head of Wealth Practice at Excelian, Luxoft Financial Services. “With the acquisition of Unafortis nearly a year ago, Excelian’s Wealth Practice has quickly become a 360-degree partner of Avaloq for both implementation and product development. Hassan’s expertise in finding innovative solutions to complex challenges makes him ideally placed to complement our mission and lead the UK Practice.”

 Hassan Suffyan said “Technological innovation and a renewed focused on both distribution and operational agility are at the top of the agenda for executives in the wealth management industry. When it comes to implementation of these trends the right technological approach can ease the transition from inefficient workflows and processes to cutting-edge services that help unlock distribution channels and operational capacity. Excelian is well-positioned to provide the delivery and transformation services that make these changes happen and I am excited to become part of its continued journey in wealth management.”

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