Finastra CEO Steps Down After Decade at Firm, Chris Walters Takes Over
Portfolio - People | Jan 07, 2025 | Business Cloud
Simon Paris, who served as CEO of Finastra, a global provider of financial services software, has stepped down after nearly a decade with the firm. Paris, who joined in 2015 and took on the role of CEO in 2018, oversaw Finastra's growth to serving 8,000 clients across 130 countries, including 45 of the top 50 global banks. Chris Walters has been appointed as the new CEO, bringing extensive experience from leadership roles at Pluralsight, Avantax, McKinsey & Company, and Bloomberg Industry Verticals Group. Walters expressed excitement at joining Finastra during a significant phase in its journey and aims to drive continued growth and value delivery to customers, team members, and investors.
Sectors
- FinTech
- Software
Geography
- United Kingdom – Finastra is a London-based firm, indicating the geographical focus of the company's headquarters.
Industry
- FinTech – The article discusses the transition of leadership in Finastra, a company in the financial technology (FinTech) industry specializing in financial services software applications.
- Software – Finastra's core business is the development and provision of financial services software applications.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Finastra | Target Company | Company | A global provider of financial services software applications with a client base of 8,000 in 130 countries. |
| Simon Paris | Outgoing CEO | Person | Outgoing CEO of Finastra who joined the company in 2015 and became CEO in 2018. |
| Chris Walters | Incoming CEO | Person | Newly appointed CEO of Finastra with previous leadership roles at Pluralsight, Avantax, McKinsey & Company, and Bloomberg Industry Verticals Group. |
| Pluralsight | Former Company | Company | One of the previous companies where Chris Walters served as CEO. |
| Avantax | Former Company | Company | Another company where Chris Walters served as CEO. |
| McKinsey & Company | Former Employer | Company | Chris Walters held a leadership position here prior to his tenure at Finastra. |
| Bloomberg Industry Verticals Group | Former Employer | Company | Walters was COO here before joining Finastra. |