Gresham Technologies appoints two FinTech veterans as Non Exec Directors

By Megha Bhattacharya

London-based FinTech Gresham Technologies Plc has announced the appointment of Jenny Knott and Dr. Ruth Wandhöfer as Non-Executive Directors. The new appointments are expected to bring banking and FinTech experience to the Board. The development follows the recent news of a Clareti Annualised Recurring Revenue (ARR) increase of 18% to £10.7m and a significant new Tier 1 bank win during H1 2020.

Peter Simmonds, Chairman at Gresham, commented, “We are delighted to have Jenny and Ruth join the Board. They bring deep experience in global banking and financial technology to the Company at an exciting time as we look to accelerate the Clareti business and further monetise the wealth of IP that the Company has developed and acquired in recent years.”

Knott is the co-founder of FinTech Strategic Advisors, where she has worked with FinTech start-ups to support their scale and success. She has held several investment banking roles as CEO, COO and Finance Director.

On her recent appointment, Jenny Knott commented, “This is an exciting time to join Gresham’s board. In an increasingly digital landscape, it is essential that financial firms not only have full confidence in the quality and accuracy of their data but are able to manage and use it effectively across the business. Gresham are well-placed to lead the innovation that this requires and solve the data challenges businesses face, today and tomorrow.”

Wandhöfer has expertise in the FinTech and RegTech sectors. Her career includes spearheading regulatory and market strategy for Treasury and Trade Solutions at Citi, advising the European Banking Federation on Securities Services and Payments and serving as a NED of the London Stock Exchange.

Ruth Wandhöfer added, “I am delighted to be joining Gresham’s board, a business that plays a fundamental role in supporting financial institutions and corporates when it comes to data, compliance and overall efficiency. I look forward to working with a great team and helping shape the next chapter of growth.”