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.
Finastra, the third largest Fintech company in the world after combining the forces of Misys and D+H, has appointed Gareth Burton as Chief Information Officer (CIO) to oversee the company’s enterprise core infrastructure and employee services, as well as supporting all business and financial applications.
Burton is an IT veteran with three decades of experience within the telecommunications, oil and gas and engineering and construction industries, and will now be responsible for leading Finastra’s Global Information Services team at Finastra.
Natalie Gammon, the former CIO, is now acting as Chief Cloud Officer, where she is responsible for driving the company’s cloud and data center roadmap.
Joining Finastra from Laing O’Rourke where he worked as CIO for over four years, Gareth Burton has previously played roles at African Minerals, Baker Hughes, Motorola, and BT.
Rob Binns, Chief Financial Officer at Finastra said:
“Gareth brings a depth and breadth of business, technology and strategic acumen with a proven track record in driving business and financial improvements. This positions him well to lead our world-class Global Information Services team, continuously improving our internal infrastructure efficiency and data analytics, as well as deploying self-service applications for our employees. What’s more, the ability to innovate and offer maximum flexibility to our clients is essential at a time when the financial services industry is going through a revolution in the way it operates. This is a great moment for Gareth to join us as we partner with banks, Fintechs and other industry players to re-define our industry with our market-leading innovations.”
Gareth Burton commented:
“I relish the opportunity to contribute to Finastra’s ongoing growth and development, and strategically aligning our IT resources to the priorities of the business, establishing our reputation for excellence and innovation.”
Finastra has recently partnered with U.S.-based startups to use FusionFabric, its platform as a service solution, to design and create apps on Finastra’s platform in order to speed up time to market, offer innovative financial services software, and save banks’ time and money.
In February 2018, the company headquartered in London, with revenues exceeding $2 billion, acquired Olfa Soft SA and its cutting-edge FX e-trading platform for banks and financial institutions.
Today, trades are automated, and orders are executed in milliseconds or microseconds. Passive ETFs have proliferated, relying on algorithmic models to ensure the fund’s holding of shares properly weighted to whatever index or benchmark it’s tracking