Capco, the global business and technology consultancy dedicated solely to the financial services industry, has today announced the appointment of Rob Morgan as a Partner in the firm’s expanding UK office. Rob brings over 20 years of experience in programme, product and technology management with leading financial services organisations. Joining a team of established Partners, his role will focus primarily across Capco’s banking and payments practices.
Rob will continue to build out the firm’s comprehensive multi-service payments offering which combines Capco’s consulting expertise with technology services from parent company FIS and recently acquired Clear2Pay. He will also take a leading role in the banking practice, providing additional capacity to support Capco’s already extensive work with large, medium and new challenger bank clients.
“Rob’s experience across the financial services industry, including a period as a jurisdictional COO at a tier-one bank, is invaluable to us as an organisation,” said Steve Vinnicombe, UK CEO at Capco. “From a client perspective, being able to work with a team from a similar background to themselves, with in-depth and practical knowledge of the issues they face, is a real asset. Rob demonstrates a wealth of credentials in this regard.”
With senior operations and technology experience, Rob will also form part of the team directed at managing the larger multi-service deals Capco will be implementing in conjunction with FIS. Previous experience includes leading technology execution and product development for international branch expansions and the commercialisation and deployment of new payments technology across Asia Pacific and the Americas at separate top tier banks.
“A big part of my role will be in building out a payments practice to tackle the big challenges facing banks in this space – legacy technologies, regulatory pressure and new entrants challenging for market share. With 100 billion payments transactions processed in Europe during 2014, and close to 50% growth in start-ups specialising in this field, we see tremendous potential,” said Morgan. “Having handled some major investments for banks across the technology, operations and product spaces, this is an exciting opportunity to put that experience to work with Capco and FIS.”
Capco offers deep domain expertise across the banking and payments space, as well as in-depth knowledge in capital markets, insurance, wealth and investment and finance, risk and compliance (FRC).