Finantix appoints Christine Ciriani as CEO, Ralf Emmerich becomes Executive Chairman
LONDON, June 4, 2020 /PRNewswire/ -- Finantix, a Motive Partners company and the leading global provider of trusted technology to the wealth management, insurance and banking industries, today appointed Christine Ciriani as Chief Executive Officer (CEO). She will assume the role and responsibilities of CEO alongside that of her existing position as Chief Commercial Officer (CCO), to which she was appointed in October 2019. Ralf Emmerich, the co-founder and former CEO will take on the role of Executive Chairman where he will oversee Finantix Board activities and product strategy.
Ciriani's appointment as CEO follows the acceleration of Finantix's growth strategy post the investment by Motive Partners in Finantix in February 2019, when Ciriani joined the Finantix Board as a non-executive director. Since her appointment as CCO, Ciriani has been a driving force behind Finantix's evolution, focusing on talent acquisition, commercial strategy and market positioning. She has overseen the expansion of the firm's geographic footprint in core markets across Europe and Asia Pacific, opening new offices in Switzerland, Japan and Australia. She played a key role in the recent acquisition of InCube Group AG, an AI and data science-based solution provider out of Zurich. Ciriani brings significant experience in realising potential within organisations globally, formerly holding senior leadership roles in wealth management and professional services at Capco, Detica and JP Morgan and as a board member and advisor of the Swiss entity of a Tier I private bank.
On her appointment, Christine Ciriani, CEO and Chief Commercial Officer for Finantix, said: "I am delighted to take up this leadership position at Finantix. With an award-winning product offering, our innovative client-first culture and very strong R&D, sales, and delivery teams, we are well positioned to capitalise on the investments made since Motive Partners acquired an interest in the company. My new role as CEO will see me continue to work with our talented team to drive the next phase of our growth, and to ensure that both our integrated and point solutions are rapidly adopted in the market to deliver the data-enabled, digitally-connected, and content-rich services today's clients demand."
Ralf Emmerich, Co-founder and Executive Chairman of Finantix, commented: "When we founded Finantix, we set out to build a firm that would continually innovate leading-edge, robust and enterprise-grade technology products for the financial services industry. Under Christine's leadership and working with our management team, we have successfully accelerated the process of expanding our extensive portfolio of innovative products, we have grown the Finantix global footprint, and we have added and will continue to add capabilities that will maintain our position as the leading global provider of trusted technology to the wealth management, insurance and banking industries. Now is the ideal time for me to hand over the reins to Christine so she can continue to build on the strong foundations we have created. This will in turn allow me to focus even more on the overall product strategy as part of our ambitious organic and inorganic growth plan. I wish Christine every success and am delighted to continue to work alongside her as we write the next chapter in the Finantix success story."
Andy Stewart, Industry Partner and Board Member at Motive Partners, added: "Motive Partners originally took the strategic step to invest in Finantix as it saw a firm with a robust and highly innovative product portfolio, a strong client base and an established global presence that, with the right support, had significant, ongoing future growth prospects. Since then Finantix has achieved a great deal, and Christine's promotion and Ralf's new role will ensure that the firm continues to capitalise on its award-winning and powerful enterprise-grade architecture to enable intelligent client engagement, in-context collaboration and digital personalised advice across multiple channels and geographies that are especially relevant given current market conditions."
For over two decades, clients and analysts have recognised Finantix as the leading provider of trusted technology to the worldwide financial industry. Applying deep sector knowledge, we empower wealth managers, insurers and banks to digitally and intelligently engage with clients and provide insightful and compliant advice. By injecting artificial intelligence into a comprehensive yet modular, API-first platform, our proven technology enables holistic customer intelligence, sales and servicing productivity and individualised omni-device experience.
Our flagship platform can run in the cloud or be deployed as services that can help turn routine transactions into valued and collaborative interactions. It serves multiple actors across financial services organisations and is proven across multiple devices, languages, currencies, jurisdictions and regulations. We operate from offices across Europe, North America and Australasia.
About Motive Partners
Motive Partners is a specialist private equity firm with offices in New York City and London, focusing on technology-enabled business and financial services companies serving four core customer segments: banking & payments, capital markets, asset management and insurance. Motive Partners brings differentiated expertise, connectivity and capabilities to create long-term value in financial technology companies. More information on Motive Partners can be found at www.motivepartners.com.
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