Gresham Technologies turns to former Banco Santander tech chief with CTO appointment

January 18, 2024
Darren Parkin

GRESHAM Technologies has appointed former AutoRek and Banco Santander technology lead Andrew Elmore as chief technology officer.

The appointment comes as current CTO Neil Vernon moves to the newly-created role of Chief Product and Innovation Officer to work on the company’s global footprint across markets in North America, MENA, and APAC.  

Elmore joins fintech from AutoRek where he amassed more than two decades of experience in the financial technology industry, bringing a wealth of expertise in software development, cloud computing, artificial intelligence, and cybersecurity. Prior to AutoRek, he held senior technology positions at Banco Santander and SmartStream. 

In his new role, Elmore will be expected to lead the company's technology strategy and software engineering, and spearhead new investment to accelerate client adoption of cloud, artificial intelligence and machine learning solutions in line with Gresham’s vision for real-time enablement and no-touch automation of post-trade operations.

"The company's commitment to technology-led excellence is impressive, and I look forward to leading our talented technology, cloud, and engineering teams as we continue to push the boundaries of what is possible in the fintech space," the new CTO said.

"Together, we will build on Gresham's incredible reputation in providing unparalleled data-led solutions that empower financial institutions." 

Outgoing CTO Neil Vernon will focus on driving product innovation and fostering a culture of continuous improvement across the business.

"I am excited to take on the role of Chief Product and Innovation Officer, where I will have the opportunity to focus on the next generation of product solutions at the forefront of AI and ML," Vernon said.

"Gresham’s cutting edge technology solutions will enable companies to leverage the full potential of AI and other emerging technologies in a move that will contribute massively to the workings and efficiencies of the global capital markets. Gresham  has a strong tradition of delivering high-quality solutions, and I am eager to contribute to the next phase of our product development journey."  

Gresham CEO Ian Manocha said the appointments came at a pivotal time in the company’s current global growth.

"This strategic move reinforces our commitment to innovation and ensures that we have the right leadership in place to pioneer new solutions in the reconciliation market," he explained.

"Andrew and Neil’s deep expertise and market insights provide Gresham with an unrivalled team to supercharge growth opportunities for our client base, as we futureproof the reconciliation market to be adept in leveraging new technological advancements in AI and automation."