SmartStream Technologies, a provider of transaction processing solutions, has announced two major personnel moves, as the company reshuffles executive positions to secure its operational flow.
The company has announced that it has hired Vincent Kilcoyne to head its product management unit, a key position for any technology provider.
Moreover, the addition of Mr. Kilcoyne comes alongside a decision to grant an internal promotion to Christian Schiebl, who will now take on the role of Chief Operating Officer.
SmartStream’s New COO
Prior to being promoted to COO, Christian Schiebl had been working as Head of SmartStream’s Corona business. A highly educated professional, with a “Masters and PhD from the Technical University in Vienna and an MBA from the University of Economy in Vienna”, Mr. Schiebl brings with him a plethora of knowledge and experience to the COO position.
Over the past 30 years, Mr. Schiebl has garnered experience in software development, having collaborated with some of the leading education institutions in the world, namely MIT, Berkeley and TU Vienna.
Over the years, he has held top management positions in companies such as Digital Equipment Corporation (DEC) and Compaq.
Vincent Kilcoyne’s Path to SmartStream
Vincent Kilcoyne provides SmartStream with a wealth of industry expertise, boasting an impressive work history that enhanced his technological prowess. Some key positions held throughout his career include a three and a half year tenure as Head of Business Solutions EMEA at Misys.
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Following a couple of short stints with Temenos and Triple Point Technology, Mr. Kilcoyne joined SunGard as Global Product Strategy Manager.
Just prior to joining SmartStream, he enjoyed a relatively long stay with computer software company SAS, where he maintained the position of Capital Markets and Fintech Innovation Lead.
In this position, he helped to facilitate the company’s technological applications of advanced analytics, Robotic Process Automation (RPA), machine learning, blockchain, and big data. His responsibilities pertained specifically to capital markets firms and financial technology companies.
SmartStream Chief Executive, Haytham Kaddoura, commented on the two personnel changes: “Our key priority is to hire high calibre candidates, both Vincent and Christian are excellent additions to the executive management team, both have an outstanding knowledge of the industry and the know-how to keep our customers resilient, in a highly competitive market.”
SmartStream has been actively seeking new partnerships and business relationships, both in order to advance its personal growth and expansion, as well as to build on its brand recognition and reputation, by providing transaction processing solutions to its clients.
In September of last year, the company partnered with Deutsche Börse to facilitate the compliance with regulatory reporting requirements for clients and institutions alike.
Similarly, SmartStream also forged a partnership with RegTek.Solutions, a company that provides solutions for regulatory compliance. The collaboration was created for the purpose of creating a turnkey solution for compliance with regulations, including MiFID II.
The goal was to combine SmartStream’s reconciliation platform with RegTek.Solutions’ transaction reporting software, in an effort to efficiently ensure compliance with regulatory requirements.