Virtual Banking Technology helps banks adhere to Basel III
Leading banks around the world place Cashfac’s solutions at the heart of their cash management services offered to corporates and public bodies.
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PAUL ORMROD, FOUNDER & EXECUTIVE VICE CHAIRMAN
Paul Ormrod is the Founder of Cashfac. He has led Cashfac Technologies since its inception, overseeing the technology development and business expansion. Paul’s full Biography is available here.
FIONA TIMOTHY, CHAIRMAN
Fiona has a track record of guiding Technology management teams through growth strategies whilst enhancing value for customers and shareholders. Most recently Fiona was part of Better Capital serving on the board of a number of the Fund’s portfolio companies. Prior to this Fiona was Chairman and CEO, of COA Solutions leading the company’s transformation following its purchase by Alchemy. Over the course of her career Fiona has held various management positions in IT companies such as Data General and Informix Software. Fiona is a graduate of Economics from Warwick University, served as Vice Chairman, Technology Leadership Group within The Prince’s Trust and Trustee of Heads and Teachers in Industry and currently serves on the committee for Women of Influence, Cancer Research.
JOSEPH JENG MA, MBA (HARVARD), NON-EXECUTIVE DIRECTOR
Joseph is a visionary founder and angel investor of businesses that provide new-economy infrastructures.
Joseph has a proven track record of guiding fast growth technology companies. He was Founder and CEO of Altatron Inc., a supply-chain manufacturing business, which merged in 1998 with Flextronics, a multi-billion dollar manufacturer. Joseph was also President of Digital Optics, a VC-funded technology start-up and past Executive of Spectra Physics, a NYSE-listed laser company.
Today Joe serves as General Partner of private angel investment funds with investments in the Americas, Europe and China. He sits as Board Director of several companies with interests in laser and wireless technologies and VOIP infrastructure systems.
FRANK GEE, NON-EXECUTIVE DIRECTOR
Frank has well over 40 years experience in all aspects of the international Trust business. After working in London with the National Westminster Bank Group, he joined the HSBC Trust Group, as Managing Director, Singapore and Director of its Malaysian operations. Later Frank was promoted to Executive Director of HSBC’s flagship Trust company based in Hong Kong.
Frank was appointed Chief Executive Officer of Standard Bank’s Offshore Trust Group before joining the Basel Group, an independent fiduciary services business with offices in Jersey, Switzerland and Mauritius. He is an Associate of the Chartered Institute of Bankers and a member of the Society of Trust and Estate Practitioners.
RICHARD CUMMINGS, CEO
With over 25 years’ experience in global banking and financial markets, and more recently in the B2B2C sector Richard has developed a career and reputation for being entrepreneurial and driving businesses to succeed. At Cashfac Richard oversees the execution of the company strategy across all areas of the business. Prior to joining Cashfac Richard was COO of AlertMe, the leading technology innovator in cloud-based Smart Home Services. During this time Richard managed all aspects of development and operations as well as key relationships with downstream retailers. Previously Richard was EVP, Major Markets, at SmartStream Technologies where he grew and managed the company’s customer facing operations in the UK, the Americas and Asia Pacific.
Prior to SmartStream Richard led several large sales and client services operations at Reuters and Sungard where he was Business Development Director for Risk Management at Reuters and ran Sungard’s Financial Systems Asia Pacific operation.