JACKSONVILLE, Fla.,
Nov. 3, 2021 /PRNewswire/ -- Finxact,
the leading provider of next-gen
core systems to the US banking sector, has named David Ortiz, formerly head of Deloitte's Banking
as a Service (BaaS) program as Head of Partnerships, with overall
responsibility for Finxact's strategic partnerships with global
Professional Services firms.
Mr. Ortiz joins Finxact after over 12 years at Deloitte where he
co-founded Banking as a Service by Deloitte, and headed its product
and business development organizations. In his role, he advised incumbent mid-tier and tier 1
financial institutions on their digital transformation initiatives,
and helped fintechs and challenger banks on strategies for
successfully entering the US market.
The Finxact core is an expansive financial services model
exposed as API endpoints with all banking functions and core
transaction data available via RESTful APIs. This architecture is
highly appealing to large financial institutions that demand
maximum flexibility and control of their product ecosystems.
Finxact has partnered with the world's leading Professional
Services firms to help banks implement the Finxact core and
integrate the solutions of their choice, whether bank-built or
vendor-sourced.
Mr. Ortiz will assume responsibility for deepening the
relationship with existing partners, vetting new partners, and
supporting the growth of their internal Finxact practice areas to
align with Finxact's plans for US and global expansion. Mr. Ortiz's
role and remit will fulfill key elements of the Finxact GTM
team.
"David's addition is a big win for Finxact. He was a star at
Deloitte, and I expect him to do great things for our partners and
clients. His credibility is well established, and our banks and
partners trust his judgment. We are thrilled to have him onboard,"
said Ryan Victor, Chief Revenue
Officer of Finxact.
ABOUT FINXACT
Finxact's headless core is a SaaS platform engineered to support
the scale and regulatory requirements of the largest US-based
financial institutions. Its cloud-native core banking system
provides 100% accessibility to all data and functions via a robust
set of modern APIs, empowering banks and their partners to rapidly
deliver new experiences by creating products on demand and
integrating new services as needed.
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SOURCE Finxact