financial services software provider finastra announced a change in leadership. Chris Walters I have been appointed as the new CEO.
Walters replaces Simon Paris, who was at the helm for nearly 10 years.
Chris Walters brings extensive experience from previous roles including CEO of financial services companies Pluralsight and Avantax.
During his tenure at Avantax, Chris oversaw significant performance improvements and led the company to a successful sale.
His leadership career also includes roles as a partner at McKinsey & Company and COO of the Bloomberg Industry Verticals Group.
Under Simon Paris’ leadership, Finastra has achieved significant milestones, including expanding its reach to more than 8,000 customers in 130 countries, including 45 of the world’s top 50 banks.
Following the 2017 merger of Misys and D+H, the company strengthened its position in open finance, upskilled its workforce, and evolved around 50 AI capabilities from idea to production to enable generation AI. We have made progress.
Chris and Simon will work closely together to ensure continuity during the transition period.
Chris said,
“I am excited to join Finastra at this pivotal moment in its journey and am impressed by the significant progress made during Simon’s leadership.
I look forward to working with our talented team to drive sustainable growth and continue to deliver more value to our customers, team members, and investors. ”
Simon added:
“This journey with Finastra has been a privilege. Chris is an experienced professional and we are honored to ‘pass the baton’ to him.
I am extremely proud of what Finastra has accomplished to date and am excited about the company’s future under Chris’ leadership. ”
