Fintech

Fimatix Launches Expanded Private Sector and Financial Services Offer with New Products and Senior Appointments

Published

1 year ago

September 7, 2022

Leading digital technology services consultancy Fimatix is announcing the launch of its expanded private sector offer, having supported major financial services and insurance providers. As part of this move, Fimatix has appointed Sanjeev Dhiman as Chief Business Officer for Private Sector Business. Having formerly held senior roles at Publicis Sapient, GFT Group and within the wider Fintech sector, Sanjeev will drive the new private sector strategy and portfolio of financial services products, alongside a number of other new team members. Products and services within the new private sector and financial services offer include:

Prodigy – Prodigy integrates people, data, processes and business systems to support the organisational product lifecycle function within companies, providing product information for companies and their extended supply chain enterprise and enabling them to deal with the planning, forecasting, production and marketing of products, at all stages of the product life cycle.
Nova – Nova is a complete suite of tools to support the Investment Management industry, integrating, connecting and streamlining trading and settlements, reconciliation, book of record and beyond. Nova is a member of Swift.
Jaid – Jaid is an AI-powered platform that extracts critical data from diverse company and customer communications. It organizes the data into meaningful, actionable insights and seamlessly integrates into your existing workflows. A typical use case includes the curse of the shared mailbox.
TaaS – Talent as a Service (TaaS) provides outsourced HR and Recruitment Operations, allowing companies to concentrate on what they do best – running and growing their business.

Underpinning all four of these products is Fimatix’s Digital Transformation service, enabling organisations to accelerate transformation, with agile teams and the right expertise.

The move to expand Fimatix’s private sector offer comes just a few months since the company’s acquisition of Idea Group, which provided services within the investment management and pensions industry for over 20 years. Alongside Fimatix’s new appointments, the launch represents the full integration of the company following the acquisition.

Tim Howarth, CEO of Fimatix, said of the launch and senior hires:

“We are delighted to announce the expanded financial services offer and the appointment of Sanjeev Dhiman as Chief Business Officer for Private Sector Business. He has a great track record in the City and fintech and I am delighted to welcome him to the team as we further build this side of the business, supporting clients across the private sector, financial services, insurance, investment management and the pensions industry.”

Sanjeev Dhiman, Chief Business Officer for Private Sector Business, added:

“What led me to Fimatix was its unique proposition of working within both the public and private sector, both of which are complex, large and highly regulated. Using innovative technology and core transformation capability wrapped around an agile delivery model will enable our clients to accelerate value creation on their transformation journey. Now is an incredibly exciting time to join Fimatix and their clients on their growth journey.”

Sanjeev has over 17 years of experience in the financial services sector, in various senior roles shaping clients’ digital transformation needs. He began his career in FinTech, developing an unstructured data parsing product for the OTC derivatives market, before successfully being part of the sale to the CME Group. He has led consulting practices, developing high performing teams at some of the largest organisations in the world and delivering on operational change, digitisation of banks and right shoring of core capabilities. Sanjeev led the professional services of GFT and most recently was a transformation director at Publicis Sapient. Here, he worked with clients renowned globally for innovation, shaping the future of digital identity and enabling the creation of one of the first smart cities in the world.

Fimatix’s purpose is to enhance the productivity of business and governments to the benefit of economies, communities and people around the world. The business has a track record of supporting major banks and e-money fintech challengers within the financial services sector, and digital transformation in the UK Government including the Home Office, Department of Health and Social Care, the Ministry of Justice, the Department Business, Energy and Industrial Strategy, and the Home Office.

Fintech

NOVASPARKS EXPANDS ITS OPERATIONS IN ASIA-PACIFIC

Published

12 hours ago

December 4, 2023

Vlad Poptamas

NovaSparks™, the leading field programmable gate array (FPGA) market data company, is pleased to announce the appointment of Clément Pelletier as the new sales and marketing director, based in Bangkok, Thailand. Pelletier will report to Dr. Luc Burgun, CEO and president, beginning on December 1^st, 2023.

“Clément possesses a wealth of experience that makes him unique in the industry,” said Luc Burgun, NovaSparks’ chief executive officer and president. “His thorough understanding of the sales process, particularly in the field of trading tools which he acquired over 20 years in Asia, makes him ideally suited to drive our sales and marketing initiatives in APAC. We are pleased to welcome Clément and look forward to his leadership in expanding our operations in Asia.”

Pelletier brings to NovaSparks solid experience in sales and marketing in Asia. Most recently, he served as sales director for the APAC office of Horizon Software, a global leader in electronic trading solutions and algorithmic technology. Prior to Horizon Software, he served as CEO of CPIT, an IT services and consulting, specialized in the Fintech industry, based in Hong Kong. Pelletier holds a Master of Engineering from INSA Lyon.

Fintech

Broadridge Investment Management Technology Enhances Carlyle’s Private Credit and CLO Portfolio Management Operations

Published

12 hours ago

December 4, 2023

Vlad Poptamas

Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that its cloud-based solution, Sentry, has been implemented at global investment firm Carlyle in support of its private credit and collateralized loan obligation (CLO) portfolio management. The Sentry private credit and CLO portfolio management technology will enable Carlyle to more efficiently manage its deal pipeline, trade compliance and loan operations on a single platform, and scale operations as the platform grows.

“With increased demand in credit products and ongoing growth of our product offerings, we wanted the right technology that would enable us to scale up and achieve a platform approach,” said Jim Keogh, Carlyle’s Managing Director and Head of Operations for Global Credit. “Sentry has smoothly integrated with our technology stack and provides functionality that will improve our capabilities as we grow.”

“Working closely with Carlyle, we customized Sentry to specifically suit their portfolio management requirements, which emphasized the need to help manage all aspects of private credit and CLO administration,” said Mike Sleightholme, Broadridge’s president of international and head of asset management solutions. “This implementation really showcases the value of the flexibility and scalability our solution offers and how it helps position firms for growth.”

Broadridge’s Sentry PM is a scalable web-based solution that provides front-to-back-office functionality to both the private debt and syndicated loan markets to increase overall efficiency, including research and pipeline management, pre- and post-trade compliance, analysis of hypothetical trade scenarios, dynamic waterfall projections, loan administration, and data aggregation across strategies, portfolios and assets.

Fintech

Nuvei enters global payments partnership with Microsoft

Published

13 hours ago

December 4, 2023

Vlad Poptamas

Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has partnered with Microsoft to deliver leading payment experiences for customers of its products, solutions, and services across many of its key markets.

Microsoft will start using Nuvei’s customizable and agile payments technology in the Middle East and the Africa region, while benefiting from Nuvei’s deep knowledge of local markets to optimize its payments for recurring billing and individual transactions across both its Office and Xbox product ranges.

Other benefits of Nuvei’s global payments capabilities Microsoft is harnessing include optimized authorization rates through local acquisition and superior risk management that minimize false declines, as well as Nuvei’s ability to offer all of the relevant local alternative payment methods (APMs) to each market through a single integration. Philip Fayer, Nuvei Chair and CEO said: “Enabling Microsoft to connect to its customers across a wide range of products is testament to our technology and dedication to world-class customer service. We’re excited to optimize payments for such a universal brand that is trusted and relied upon by so many people.”

“We’re pleased to extend our payment solutions to the Middle East and African region,” added Ajith Thekadath, Vice President Global Payments at Microsoft. “Whether it is a one-off purchase, software subscription, or in-game purchasing, payments are critical to our overall customer experience. Partnering with Nuvei enables our customers to pay wherever they are and whenever they want to.”

Extending the partnership across geographies and use cases

Nuvei and Microsoft are committed to extending this partnership across additional markets, as well as exploring new use cases to enhance the overall Microsoft experience. This includes Microsoft Dynamics 365, its business applications technology suite that drives operational efficiency and improved enterprise resource management.

Fayer commented: “As two innovative, technology-led businesses that provide solutions to many of the leading international brands across the globe, it makes sense to explore how we can work more cooperatively as we grow our commercial relationship.”