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08 December 2020
US
Reporter Maddie Saghir

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Richard Scheffrin joins Harmonate from FIS

Harmonate has hired Richard Scheffrin as chief technology officer (CTO) for the data management and operations of the company.

Scheffrin was previously head of innovation engineering for FIS, a fintech company that deals with the transformation of merchant digital transactions and broad implementation of digital financial products and services.

He brings 25 years of software engineering and change management experience which Harmonate believes will help with continuing their growth.

“Richard Scheffrin’s experience, leading pragmatic innovation and driving long term product strategy allows businesses to seize opportunities others can’t,” commented Harmonate CEO Kevin Walkup.

Walkup said: “Scheffrin permits us to scale to the demand for Harmonate’s products that none of us honestly could foresee at the beginning of 2020. Now, 2021 is shaping up to be the year of the CFO strategist, who leads through a better, faster grasp of the key data within their domain, and can now leverage data and insights that have been traditionally outside their role. They are moving beyond the general ledger and establishing a new financial layer to power fund success.”

Commenting on his new role, Scheffrin noted: “I have always felt strongly that long-term strategy and bleeding edge technology can drive companies ahead of their competition and can set the bar by which their industry will measure success.”

“Just as I am selective in the teams I like to work with, Harmonate is selective in its customers. Together, we’re oriented on a shared vision to lead industries into digital transformation, through Conductor and the pipeline ahead of us,” added Scheffrin.

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