#USA #New York #AccessFintech #SarahShenton #CapitalOptimization

AccessFintech Announces Leadership Change

In a significant move to drive innovation and expand its influence in the financial technology sector, AccessFintech has appointed Sarah Shenton as its new Chief Executive Officer, effective immediately. Shenton, who has served on the board of AccessFintech since 2018, is recognized for her extensive experience in operations, engineering, and strategic investing. Her appointment marks a pivotal moment for the company as it gears up for its next growth phase.

Having accumulated over two decades of industry experience, Shenton previously held the position of leading the Value Accelerator at Goldman Sachs’ alternative assets division. In that role, she worked closely with the leadership teams of rapidly growing companies to enhance operational efficiency and drive commercial success. Notably, she played an instrumental role in Goldman Sachs’ Series A investment in AccessFintech, demonstrating her belief in the company’s mission from an early stage.

John Shay, who has effectively led the company in the interim CEO position, will transition to the role of Special Advisor to the CEO. He will continue to provide support and guidance during this transition, leveraging his profound knowledge of the industry. “Sarah brings a rare combination of operational depth, technical insight, and strategic vision to the CEO role,” said Shay, emphasizing Shenton’s fit for guiding AccessFintech into its new chapter.

“I am honored to take on the role of CEO,” Shenton commented. “We’ve laid a strong foundation and created an ecosystem that is vital for our success. It’s time to build on that success and deliver exceptional value to our clients.” Shenton’s leadership will focus on harnessing technology to navigate the evolving markets, and she expressed enthusiasm about working with her talented team to explore emerging opportunities.

The board’s unanimous decision to appoint Shenton was informed by years of collaboration, highlighting her deep understanding of both the company and the financial technology landscape. Kevin Marcus, a partner at WestCap and representative of the AccessFintech Board, noted, “Sarah’s market expertise and long-standing commitment to our vision make her exceptionally well-suited to guide AccessFintech moving forward.”

Under Shenton’s leadership, AccessFintech aims to enhance its role as a key player in the capital markets infrastructure, as well as its mission to improve financial operations for its clients. The company is recognized for its innovative data-sharing and workflow collaboration capabilities through its flagship platform, the Synergy Network. This platform connects and distributes over 75 distinct data sets among more than 250 leading financial institutions, facilitating real-time collaboration and efficient management of the post-trade lifecycle.

Through its Synergy Network, AccessFintech boasts a critical mass of data and participants, processing over a billion transactions each month. By bridging the gap between financial institutions and new technologies, the platform mitigates costs and enhances connectivity across the industry.

As AccessFintech enters this exciting new chapter, stakeholders look forward to witnessing how Sarah Shenton, with her rich background and commitment to delivering value, will steer the company towards future success and innovation. For ongoing updates about AccessFintech, individuals can visit the company’s website or connect with them on LinkedIn.