The Silicon Review - Best Business Review Magazine 50 Most Trustworthy Companies 2019 | Page 117

Meet the brains behind Finastra’s meteoric rise, Simon
Paris
Simon serves as the CEO of Finastra. Simon takes responsibility for Finastra’s
strategic direction and growth. His leadership steers the company as it realizes
it’s open platform vision, encouraging industry-wide collaboration to spark
innovation and transform the next generation of financial services. Simon joined
Finastra (formerly Misys) as President in 2015, was appointed Deputy Chief
Executive Officer in 2017 and became Chief Executive Officer in June 2018. He
brings more than 20 years of sales, management and global leadership expertise
to the company, having previously held the role of President, Industry Cloud, at
SAP. Prior to that, he was a senior consultant with McKinsey & Company.
He holds a degree in Business Administration (MBA) from the INSEAD Business
School in France and a Bachelor’s degree in Business & European languages from
the European Business School.
products and services and can be
combined with its market-leading
digital channels. With front, middle
and back-office connected, your
financial institution becomes a
consumer-focused, profitable sales
machine.
Whether you are a traditional or
challenger bank, a community
bank or a credit union, Finastra
can help you to engineer your
financial institution and processes
around your account holders.
The company’s open modern,
flexible platform helps you to
deliver the ultimate consumer
and staff experience, the
operational efficiency for growth
and compliance, and ongoing
innovation.
Insights and Analytics
Many financial institutions are
on a mission to become more
consumer-centric. But how well do
you really know your consumers?
What services and products attract
them most? Knowing this, how can
you then leverage data to identify
their needs and gain wallet share?
Business analytics and insights are
no longer a luxury, but a necessity
in a world where fintech startups
are starting to steal wallet share
away from banks and credit
unions.
For many banks and credit unions,
data remains an underused and
under appreciated asset. The
ability to use quantitative data
to shape business decisions and
outcomes have become a key
source of competitive advantage
as consumers demand more
qualified information and expect
more personalized experiences. It
is critical for financial institutions
to be able to segment clients based
on needs, channel propensity and
potential value.
Simon Paris, CEO
Lending
Seamless borrower
experience
Finastra offers the most
comprehensive portfolio of end-
to-end loan management software
in syndicated, commercial,
consumer, and mortgage lending.
It creates a consistent, seamless
digital borrower experience for
large multinational corporations,
mid-sized and small business
customers, and consumers.
Easier lending
Analytics and insights are rising
to the top of banks’ and credit
unions’ priority lists; According to
the Financial Brand’s 2016 State
of Financial Marketing, “National
and regional banks have the desire
to improve analytics capabilities
as their third-highest “top three”
priority (47%).” Covering the full loan lifecycle
– origination, underwriting,
covenant tracking, collateral
management, loan servicing, and
portfolio reporting – Finastra’s
solutions make lending easier by
improving customer onboarding,
increasing transparency
and streamlining back-office
operations.
Business analytics and insights
software help you gain insight
into the profitability of customers,
branches, and products and deliver
services that your consumers will
value most. As the only single, open-
architecture solution provider for
all loan types, Finastra enables
easy integration and helps
reduce the complexity and costs
associated with managing multiple
systems.
Reduce complexity
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