SwapsTech, a leader in global foreign exchange, payment and commercial banking technology, is proud to announce the addition of industry veterans Mohamad El-Bawab and Brian Anderson to our executive team.
El-Bawab joins as Vice President of Operations, bringing over 20 years of experience in fintech operations management. He has held leadership roles in engineering and product management with DerivaTech and SunGard before launching several entrepreneurial ventures. Most recently, El-Bawab founded and managed Spider Financial – a solution provider for financial time series analytics and statistics. El-Bawab holds a B.S. in Electrical Engineering, M.S. in Operations research, and an MBA in Analytical Finance from University of Chicago. “During my engagement with SwapsTech earlier this year, I have come to appreciate the company’s culture first-hand. The company has incredible people and an opportunity for rapid growth, and I look forward to driving the operational changes required to support this growth while preserving our entrepreneurial spirit.”
Anderson joins as Vice President, Business Development. With over 25 years’ experience in business development at financial services technology companies like Thomson Reuters, Bloomberg, and Wall Street Systems (now Ion Trading), Anderson brings deep domain expertise and industry contacts in foreign exchange, treasury management, and the financial services markets. Brian has a Bachelor of Science in Economics from the University of Pennsylvania’s Wharton School and an MBA in Finance and Marketing from the University of Connecticut. “I have been looking for a firm like SwapsTech for some time; a smart, innovative firm poised for growth where I could add my sales and marketing knowledge and extend their reach. I am very happy to be joining the company at such an exciting time”, states Anderson.
Booshan Rengachari, founder and president of SwapsTech comments “This is an exciting time for SwapsTech as we continue to invest in the latest technologies and providing the millennial user experience, driven by incredible growth and demand for our FX, EXIM, Loan and Treasury systems. We are thrilled to have Mohamad and Brian join our team, who will drive our operational efficiency and market reach, help bring more satisfaction to our customers, and help new customers leap frog in their digital transformation.”
SwapsTech is an innovative financial technology solutions provider, connecting banks and their clients through simplified user experience. SwapsTech aims to allow financial service providers to afford the benefits of innovative technology and dramatically lower barriers to entry and expansion in their business lines. SwapsTech is offering a modern banking platform for commercial and retail banking, with solutions for domestic payments, cross-border payments, foreign exchange, trade finance, interest rate derivatives, international treasury, electronic invoicing, multi-currency lending, debt management, collateral management and market risk management. Using proprietary plug and play architecture, SwapsTech delivers customized solutions in a fraction of the time and cost of other solutions.