Naren Patel has joined SmartStream as head of strategic account management for its Corona business unit.
The Corona software provides reconciliations and exception management for cash, securities, foreign exchange and money market transactions.
Patel will be part of the European sales team, responsible for business development and strategic account management in the UK and Ireland, Scandinavia, Belgium, the Netherland and Israel.
He will report to Marcus von Rahden, head of sales for the Corona Buinsess Unit in Europe.
Patel has 25 years of experience in the financial technology sector. He joins SmartStream from Markit, where he was a strategic account director.
He has previously also held positions at the likes of Broadridge, Fiserv and Swift.
Christian Schiebl, executive vice prosident of SmartStream and head of the Corona business unit, said: “Naren Patel brings valuable expertise to the team and will be invaluable as we continue to grow and expand the Corona business. His broad range of skills and in-depth knowledge will help us get to that next level with our clients, further solidifying our customer-centric approach.”
Patel said: “This is a great opportunity to join an established business with a strong, competitive, regional advantage. I look forward to combining my skills with the Corona proactive approach from the outset. I think we’re going to see great results from the very start.”
“During my time in the industry I have witnessed many Corona deployments and the combination of market-leading products with sophisticated technology coupled with service that is second to none, really does make this an exiting proposition for me. I’m looking forward to working for a great business and a professional team.”
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