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24 May 2011
London
Reporter Ben Wilkie

Capco appoints new head of UK technology practice

Technology consultancy Capco has appointed Alex Corsi to lead the company’s UK technology services domain. As a partner in Capco’s London office, Alex will specialise in setting up and managing complex delivery models in the Capital Markets sector.

Alex joins Capco from Accenture, where he was an executive partner, responsible for Capital Markets in select European geographies. He has over 15 years’ experience working with global financial institutions on complex transformation and outsourcing projects. He has planned, implemented and run projects across the breadth of business functions, working with sales, trading, back office and custody.

“Financial institutions have realised that they need to analyse and evaluate the architecture of their technology systems," said Corsi. "They have spent many years and significant amounts of money making incremental changes to these systems, which has resulted in levels of complexity that cannot always be justified. This built-in complexity raises the cost of making further changes and can even impede on an institution’s ability to deliver new business capabilities. Capco’s experience and expertise mean we are well-placed to assist clients in addressing this significant business need, simplifying technology architecture while driving better performance and reduced overall IT spend.”

“We are excited that Alex has joined Capco," said Ismail Amla, Capco's UK CEO. "Our expertise in financial services technology is at the heart of what we offer to our clients and Alex’s arrival serves to bolster this. Alex will lead on further developing Capco’s UK technology services practice, deepening its expertise and growing market share. He makes a great addition to the UK leadership team and to our deep domain expertise across banking, capital markets, finance, risk & compliance and wealth and investment management.”

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