Fintel has streamlined its operating model into two divisions as CEO Matt Timmins says cultural alignment is the key lesson the business has learned after integrating nine acquisitions over the past three years.
The fintech has moved from three divisions to two – software and data; and services – a change it said will deliver efficiencies in hosting, development and compliance. Speaking to Professional Adviser, Timmins said: "Cultural fit and aligned management teams are critical – it's one of the biggest lessons we've learned through two years of acquiring businesses. That's why we're so keen to buy businesses that we know and respect rather than just enter into a process." Former Defaqto CEO John Milliken now heads the software and data arm, while Alex Whitson, previously CEO of VouchedFor,...
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