The FinTech 50 2014 Mar. 2014 | Page 26

FinTech50 FinTech50 PINGIT RUCHIR RODRIGUES, MD OF UKRPB DIGITAL W e hear a lot about companies being “innovative”. To most brands that means being the biggest, the shiniest, the most technologically intricate. To us it’s just great ideas that deliver on our promise. And that promise is to put the customer at the heart of everything we do. PERSEUS TELECOM DR. JOCK PERCY, CEO C ompanies are always looking for ways to improve performance, be it in technology or in policy. This effort is all about getting to work on the research and developing an innovative yet strong plan of execution. Four years ago, Andrew Kusminsky and I heard a lot from financial firms about the challenges they faced in getting more efficient and lower-latency networks into distant markets such as New York to London across the Atlantic or New York to Brazil down the Atlantic. What we found is that it doesn’t take half a billion dollars to make trans-Atlantic connectivity faster, but rather better R&D backed by a commitment to bring innovation to market. By the beginning of 2011, Perseus Telecom was formed and had built ‘QuanTA,’ the fastest trans-Atlantic network connecting New York and London for financial markets. We then went on to improve the same type of connectivity from New York to Brazil, London to Frankfurt and on to 70+ markets around the world. Our business model, which is core to our operating philosophy, is how TWENTY-SIX Perseus has been successful in deploying winning networks for customers, why we stand proud of our mantra to: Simplify, Solve and Save. About Perseus Telecom is an award-winning global facilities-based licensed carrier of enterprise and telecommunications services with a focus on ultra-low latency global connectivity. Perseus provides many of the world’s fastest market-to-market routes between Chicago, New York, London, Frankfurt, Brazil and Mexico. The company was recently awarded for the fastest trans-Atlantic route between New York and London (QuanTA™) and Brazil and USA (LiquidPath®). Perseus has pioneered the fastest wireless microwave route between London and Frankfurt in operation since October 2012 and just recently launched a metro London wireless network between financial markets. @PerseusTelecom About Barclays Pingit continues our proud history in payments innovation. We produced the UK’s first credit card, the world’s first ATM and the UK’s first debit card. We’re committed to producing world-class digital services that make our customer’s lives much easier. @BarclaysPingit