Backbase Promotes Thomas Fuss as Chief of Technology Division

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.

Thomas Fuss

Backbase Promotes Thomas Fuss as Chief of Technology Division

February 14, 2020

BackbaseBackbase, a leading fintech player with a special focus on digital banking tech recently revealed a change made to its senior-level leadership team.

As per the statement released by the firm, it has promoted Mr. Thomas Fuss who had been serving as Vice President of Technology to the role of Chief Technology Officer effectively making him the head of division and member of the firm’s executive leadership committee.

The newly appointed Chief of Technology is expected to focus on leading the firm’s overall technology strategy while also keeping a special focus on leveraging open standards and native cloud technologies to accelerate the development of its next-generation Omni-channel digital banking solutions in order to build its BaaS (banking-as-a-service) platform. Mr. Fuss has been a part of the firm for more than two and a half years now having joined the firm back in August of 2017 as its Technical Director. 

Thomas is a specialist with a high level of knowledge and experience in Software Architecture and Technology verticals. He has a proven track record as evident from his decade long career during which he has built and led successful teams in a large enterprise environment.

Before joining Backbase, Thomas spent nearly five years serving under another Dutch-based leading player in the banking industry – ING Group where he climbed his way up the corporate ladder. He joined the multinational banking service provider in October of 2012 as Trainee in General Management and served in roles of Advisory IT Architect, IT Architect for Bank Management Services and Head of IT/Co-Founder of Payconiq – a payment platform which was developed as one of ING Group Innovation Special Projects. Some of the other firms he served under include – Bradler Effective Business Solutions, Bptech, University of Mannheim and Arvato Systems. 

Commenting on his new role at the firm, Mr. Fuss said, “During my years at Backbase, the industry has evolved rapidly. However, our mission has remained the same – to enable financial institutions to create a superior customer experience. In my new role, I drive Backbase’s technology strategy, architecture, and innovation roadmap, with a commitment to enabling our customers’ cloud-based go-to-market strategies. I’m excited to dive in and make great things happen”.

Speaking about Thomas’s promotion, Jouk Pleiter – CEO of Backbase said, “In the last three years, Thomas has been a major contributor to our technical strategy and has fostered a strong engineering culture at Backbase. Thomas brings a powerful combination of technical credentials and operational experience to this new CTO role. Our cloud platforms are the foundation for our next phase of innovation and growth as a company, and Thomas is the ideal candidate to lead this initiative”. 

Source: https://www.backbase.com/press/11355/backbase-appoints-thomas-fuss-cto-to-build-banking-as-a-service-strategy/

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