Tag: Fimatix

fimatix-partners-with-regtech-firm-corlytics-in-next-stage-of-enhanced-private-sector-offering

Fimatix partners with regtech firm Corlytics in next stage of enhanced private sector offering

October 20, 2022 Published by

 

Through this partnership, the two firms will integrate each other’s services into their own offerings, creating a combined suite of products and solutions capable of augmenting regulation and change management systems across the financial services and insurance sectors.

Its partnership with Corlytics follows Fimatix’s recent expansion of its private sector practice, including the appointment of Sanjeev Dhiman as Chief Business Officer for Private Sector Business and the acquisition of Idea Group in May.

Corlytics’ risk intelligence solutions join Fimatix’s governance and reporting tool Prodigy, information interaction service Nova, AI data manager Jaid, and outsourced recruitment tool Talent as a Service (TaaS). The partnership strengthens Fimatix’s wider digital transformation offering, which enables organisations to expertly accelerate their digital development.

Fimatix CEO Tim Howarth said of the partnership:

“I have worked with Corlytics since 2014, we share a passion for putting technology at the heart of compliance.  With the team at Fimatix we’ve become well-acquainted with Corlytics’ innovation, expertise, and state of the art regtech products. It has been impressive to see Corlytics’ journey so far, and we are excited to be included in that as a formal partner in the future.

“I believe that together we can make significant improvements in risk and compliance effectiveness, benefitting organisations and end users throughout the financial services industry.  As ESG compliance increases in intensity there is huge demand for more efficient regulatory solutions and Corlytics has been leading this charge.”

Corlytics CEO John Byrne said:

“We have been partnering with Fimatix since both companies’ inception, working on transforming operating models essential in digitising the regulatory monitoring and change management processes at large financial services firms.

“Fimatix’s rapid rise reflects the success of its clients in embracing change in digitising their businesses, and we are excited to be working with them in partnership. We believe that the Fimatix’s Digital Transformation Experience and Capabilities can help customers to adopt our advanced regulatory technology, such that new ways of working, new operating models and new technology are fully adopted, used and deliver the value promised by these new technologies.”

fimatix-launches-expanded-private-sector-and-financial-services-offer-with-new-products-and-senior-appointments

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

September 7, 2022 Published by

 

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.

fimatix-completes-acquisition-of-testing-performance

Fimatix completes acquisition of Testing Performance

October 14, 2021 Published by

 

Digital Technology Services Consultancy Fimatix has announced the acquisition of DevOps testing and assurance company Testing Performance, as part of its continued expansion into the digital services marketplace.

The purchase by Fimatix will enable the company to deliver an increasingly integrated service for clients. It will provide a range of new in-house capabilities, such as testing new and legacy systems for resilience, data migration, accuracy and robustness and DevOps automation. This capability will augment Fimatix’s existing expertise in delivering digital transformation on behalf of public and private sector clients.

The team at Testing Performance bring with them 15 years’ experience of working alongside a broad variety of clients and sectors, including global accounting and banking firms such as HSBC and EY, highly secure Government projects with the NHS, Home Office and Ministry of Justice, and Third Sector projects on behalf of John Lewis, Save The Children and Historic Royal Palaces.

For the time being, Testing Performance will continue under its own name, but is expected to be rebranded as Fimatix Testing and fully integrated within the company in early 2022.

The acquisition of Testing Performance marks another notable step in the organic and strategic growth of Fimatix since its 2020 merger with Agilesphere. Fimatix have since established itself as a leading digital consultancy and worked on such notable projects as the ‘Shield’ independent COVID-19 track and trace system, ‘Talent as a Service’ HR support system, and National Law Enforcement Database Programme for the Home Office.

Tim Howarth, CEO of Fimatix, said: “We are delighted to have finalised our acquisition of Testing Performance. The company has a strong record providing testing and assurance across government and industry, and the expertise their team brings will enable us to build upon our existing capabilities and is a great string to our bow. We are becoming increasingly active in the digital services market right now, with further announcements in the pipeline for 2021.”

Sascha McDonald, Head of Architecture and Operations at InveniaLabs.co.uk and Founder and Non-Executive Director of TestingPerformance.co.uk, said: “We are excited to be joining a company on such a strong and sustained upward trajectory. We believe the two firms’ capabilities complement each other seamlessly, making this an obvious fit and a fantastic platform for future successes.”

Notes to Editors:

Fimatix is an expert in digital transformation and creates solutions for lasting change.  Their innovative, expert staff use advanced technology, deep content and outcome driven business models that allow companies and communities to build long term sustainable value.

The business has supported major banks and e-money fintech challengers in the financial services sector, as well as businesses in the leisure industry. Government clients include the Department of Health and Social Care, the Ministry of Justice, the Home Office and the Department for Levelling Up, Housing and Communities.

Testing Performance provides comprehensive testing services including Consultancy, Planning and Delivery. The business specialises in Performance Testing, Test Automation, Data Migration & Assurance, DevOps automation and Test Management. The senior consultants team typically have over 15 years’ experience and customers range across industries including the Government, banking, insurance, retail, aerospace, and utilities.

cloudframe-inc-and-fimatix-uk-ltd.-announce-partnership-to-automate-mainframe-cobol-to-cloud-migrations-in-the-united-kingdom

CloudFrame Inc. and Fimatix U.K. Ltd. announce partnership to automate Mainframe COBOL to Cloud migrations in the United Kingdom

April 28, 2021 Published by

 

CloudFrame Inc. (CloudFrame), an innovative, global mainframe modernization software products company, today announced a new partnership with Fimatix UK Ltd. (Fimatix), an industry leader and trusted advisor to the U.K. Financial Services industry and Government. The partnership expands CloudFrame’s presence in Europe and solidifies Fimatix’s unique position as a leading cloud migration and digital implementor across the United Kingdom.

CloudFrame offers the most automated COBOL to Java solution in the market today. Companies with millions of lines of decades-old legacy mainframe COBOL look to CloudFrame to accelerate their cloud migrations.  Excellent code quality makes applications easier and cheaper to maintain while enabling IT managers to be more responsive to business needs. CloudFrame shifts the cost/risk-to-value ratio towards a favorable business case for many legacy applications. As companies struggle to digitally transform IT processes, moving beyond COBOL has never been more urgent. CloudFrame provides the fastest approach with the least business risk and cost.

“Our goal is to help firms accelerate application modernization and cloud migrations by bringing leading-edge solutions that offer fresh approaches and value for our customers.” said Jeremy Renwick, Managing Director-Innovation at Fimatix. “This is a major forward-looking step for CloudFrame and Fimatix to solve a problem that almost all companies with a mainframe have.”

“This partnership represents a terrific opportunity for Fimatix and CloudFrame. Our offerings are extremely complimentary and are best-in-class in our target markets,” said Venkat Pillay, founder and CEO of CloudFrame. “Together, CloudFrame and Fimatix can provide impossibly fast time to market and ROI for our joint customers.”

cristobal-conde-appointed-chairman-of-fintech-and-govtech-leader-fimatix

Cristóbal Conde Appointed Chairman of FinTech and GovTech Leader Fimatix

March 24, 2021 Published by

 

Fimatix has announced the appointment of Cristóbal Conde as Non-Executive Chairman effective from 23 March 2021. Formerly Chairman of Calastone, the major global funds network recently sold to The Carlyle Group (NASDAQ: CG), Conde brings a wealth of business, fintech and investment experience. He will work closely with the senior management team as Fimatix continues its growth and M&A drive, identifying opportunities to acquire other fintech and govtech firms.

Conde has a strong track record of accelerating the growth of fintech companies. In 1983 Conde co-founded a financial technology software business, Devon Systems, serving the derivatives markets globally. After SunGard acquired Devon Systems in 1987, Conde ran his business as a division of the parent company, growing it into one of the largest businesses at SunGard. Conde was subsequently promoted to run the entire SunGard business, which he took private in 2005 in a record-breaking $11.3bn LBO transaction. Conde stepped down from SunGard in May 2011, by which time the technology giant had revenues of $5.6bn, employed over 25,000 globally, was ranked 380th on the Fortune 500 list and was the largest privately held business software and IT services company in the world.

Conde’s appointment follows the recent appointment of Tim Howarth as Chief Executive of Fimatix. Together they will work closely with senior colleagues including Stephen O’Sullivan, with a focus on strategy and M&A; Paul James, COO; Jeremy Renwick, – Innovation; and Hugh Ivory, Business Operations and Corporate Governance who is driving the growth of the business in Ireland.

Cris Conde said, on his appointment: “I am delighted to take on the role of Chairman. Fimatix has such strong expertise in delivering innovative products and services, digital transformation, agile coaching and solving problems with innovative tech. This is an exciting time for the business and I am proud to be working with the management team as they execute the roadmap to further growth, through building strong solutions and targeted acquisitions.”

Tim Howarth, CEO of Fimatix, said: “We are honoured that Cris will be taking the role of Chairman. His insight and experience of building successful businesses will be a great asset to Fimatix as we continue to target organic growth and acquisitions. As a company we want to provide technological innovation, and solutions that are relevant to client demands, for the good of society, the economy and people around the world. Chris shares our values and ambition for Fimatix and we are pleased to welcome him to the board.”

Conde joins the company a year since the merger of Fimatix and Agilesphere. With a team of over 150 staff, partners and associates, and offices in London and Newcastle, the combined company has a good foundation from which it offers services at scale. Since the merger, Fimatix has launched ‘Shield’, an independent COVID-19 track and trace system used in schools and workplaces, ‘Talent as a Service’, supporting HR teams and specialist advice services on IR35 and recruitment, Privacy4cars in the UK and continues to provide long term transformation support to the UK Government as a top 20 Digital Outcomes and Specialist supplier.

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 businesses in the leisure industry. The team enables digital transformation in UK Government including the Department of Health and Social Care, the Ministry of Justice, the Department for Work and Pensions and the Ministry of Housing, Communities and Local Government.

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