Ex-Calypso exec joins 3rd largest fintech Finastra as CPO - The Industry Spread

Ricardo Esteves

Ricardo Esteves has seen business and economics through many lenses. He joined the Financial Services Industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Esteves' work has appeared in a variety of online publications including FX Street and FinanceFeeds.


Ex-Calypso exec joins 3rd largest fintech Finastra as CPO

January 9, 2018

CalypsoFinastra, the third largest FinTech company in the world, announced the appointment of former Calypso executive Pedro Porfirio to lead global field and customer engagement with capital markets customers and prospects.

Based in London, Pedro will be reporting to Hannes Liebe, Chief Operations Officer, International at Finastra, and is responsible to drive the growth of the company’s entire capital markets business line spanning treasury, capital markets, and investment management.

Pedro Porfirio
Pedro Porfirio

Joining Finastra from Calypso Technology, Pedro Porfirio worked as Chief Product Officer where he was responsible for the roadmap, product strategy and innovation at Calypso.

Porfirio brings over 25 years’ experience in banking and technology. Previously he was Head of Euro Rates Derivatives Trading at Jefferies International Ltd. and Head of EUR Rates at State Street. Moreover, he held a number of positions at large financial institutions, such as J.P. Morgan, Goldman Sachs, and Lehman Brothers. At Dresdner, he was Director for five years in cross currency swaps, FX Forwards and non-USD interest swaps, both in London and in New York. Pedro is also Advisor to the Board at The Hub Exchange.

Simon Paris, Deputy CEO, Finastra
Simon Paris, Deputy CEO, Finastra

Simon Paris, Deputy CEO, Finastra said, “We are thrilled that an industry luminary such as Pedro has embraced the Finastra vision for our market leading products, architecture and roadmap. He brings a wealth of expertise in the industry and understands first-hand the challenges financial institutions and capital markets are facing. He will apply his technology insight and industry experience to optimize our global strategy and solutions, enabling us to continue to meet the evolving needs of our customers. Pedro and his team are fundamental as we accelerate innovation across our capital markets business.”

Pedro Porfirio commented: “I’m impressed by the team and the culture at Finastra and am excited to join such a visionary company. The potential for ongoing innovation in capital markets is huge, especially as the market is waking up to the realization that evolutionary transformation pays significant dividends versus a big-bang change program. The focus that Finastra has placed on building out our technology platform over the past few years as we move to cloud and micro-services is second to none and fits this evolutionary philosophy perfectly. I look forward to working with the team in supporting clients, developing future strategy and enabling the global vision for a platform-first approach.”

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