Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

Finastra names Simon Paris as Chief Executive Officer

Finastra names Simon Paris as Chief Executive Officer

Paris will oversee company’s continued growth and innovation

London, UK and Toronto, Canada, June 4 2018Finastra today announced the appointment of Simon Paris as Chief Executive Officer. Paris, who currently serves as Finastra’s Deputy CEO, will take over as CEO from Nadeem Syed as a part of a planned succession process.

The company’s strong performance during its first year has been driven by double digit bookings growth and the integration of Misys and D+H.

“A once-in-a-generation transformation is taking place in the financial services industry and Simon has the vision, leadership and experience to lead Finastra through this evolution,” said Robert Smith, Founder, Chairman and CEO of Vista Equity Partners. “Over the past six years, Nadeem has built the company into a leading player in the Fintech industry, and Simon, with his understanding of how open platform technology can change the face of financial services, will take Finastra to the next level as a true platform company.”

In his role as Deputy CEO, Paris has been responsible for driving all of Finastra’s go-to-market operations including sales, marketing, and partner relations and has overseen significant growth in Finastra’s market traction and global footprint. He advocated the shift to a cloud-based model for all Finastra solutions and is spearheading the company’s transformation from a solution to a platform organization.

“I am immensely proud of what we have achieved at Finastra,” said Syed. “The breadth and depth of our solution portfolio is unparalleled in the industry and our leading edge solutions are underpinned by an immensely scalable operational platform. Simon is a dynamic leader whose vision for the future of financial services is exactly what Finastra needs and I am confident that the company will continue to flourish under his leadership.”

During Syed’s tenure, he has more than doubled the company’s revenue, led the successful merger with D+H and increased the customer base from 2,000 to more than 9,000 globally. He was recently recognized as a winner in the 2018 CEO Today Europe Awards. Syed is joining Vista Equity Partners as an Operating Principal, and will continue to serve on Finastra’s Board of Directors providing guidance and counsel to Paris and the Finastra leadership team.

“Finastra is in a unique position in the Fintech industry. We are changing the way in which financial software is developed, deployed and consumed in financial services and I couldn’t be more honored to have been chosen to lead the company through the next stage of this incredible transformation,” said Paris. “The opportunity ahead is huge and with our board’s support, I’m looking forward to taking our employees, our customers and our partners on this journey.”

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post