About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight People

Finastra Announces CEO Transition as Chris Walters Succeeds Simon Paris

Subscribe to our newsletter

Finastra, the global financial services software provider, has announced a leadership change with Simon Paris stepping down as Chief Executive Officer after nearly a decade in charge. Chris Walters, former CEO of Pluralsight and Avantax, will take over as Finastra’s new CEO. Walters brings extensive experience in scaling technology companies, having previously held senior roles at McKinsey & Company and Bloomberg.

During Paris’s tenure, Finastra achieved significant milestones, including the integration of Misys and D+H in 2017, establishing a client base of over 8,000 institutions across 130 countries, and earning top industry accolades for innovation and leadership. Under his leadership, the company also made notable progress in AI capabilities and widespread upskilling of employees.

The leadership transition marks a pivotal moment for Finastra as it begins its new strategic phase in 2025. Paris and Walters will collaborate during the handover to ensure a seamless transition.

Commenting on his appointment, Walters said: “I’m excited to join Finastra at this pivotal moment in its journey and am impressed by the significant progress that has been made during Simon’s leadership. I look forward to working with the talented team to drive sustainable growth and continue to deliver more value to our customers, team members, and investors.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Evolution of data management for the buy-side 2021

The buy-side faced a barrage of regulation in 2020 and is now under pressure to make post-Brexit adjustments and complete LIBOR transition by the end of 2021. To ensure compliance and ease the burden of in-house data management, many firms turned to outsourcing and managed services. But there is more to come, as buy-side firms...

BLOG

FinAnalytica Integrates FINCAD Analytics in New Cognity Release for Full Multi-Asset and Multi-Strategy Coverage

FINCAD, a provider of derivatives analytics, today announced that FinAnalytica, a provider of real world portfolio risk solutions for asset managers, hedge funds and multi-manager funds, has expanded its derivatives pricing coverage by embedding the firm’s Analytics Suite into Version 3.2 of Cognity, its flagship platform. Cognity, FinAnalytica’s risk management and portfolio allocation platform, directly...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Best Practice Client Onboarding

Client onboarding is central to the success of banks, yet it continues to present challenges and the benefits of getting it right are difficult to achieve. The challenges arise from siloed systems, manual processes and poor entity data quality. The potential benefits of successful implementation include excellent client experience, improved client acquisition and loyalty, new business opportunities, reductions in costs, competitive advantage, and confidence in compliance.