10x Banking, the transformational cloud-native SaaS core banking platform, has today announced the appointment of Will Dale as its Regional Vice President in APAC.
The appointment, which sees Dale join from Mambu where he held the role of Regional VP for nearly five years, sees 10x cement its presence in APAC as part of its mission to bring core banking transformation to financial institutions across the region.
Adding to the firm’s existing operations in Sydney, Dale will lead 10x’s APAC growth strategy from Singapore, where the business plans to build an office base underpinned by continued sustainable growth, leveraging its expertise and track record of successful core bank transformation from long-term partnerships with the likes of Westpac and JP Morgan.
Matt Mills, CRO of 10x, commented on Dale’s appointment: “We see a tremendous opportunity in APAC, with banks of all sizes wanting to expand and grow their product lines but finding themselves held back by the legacy technology they operate on. Through Will’s appointment, we have someone on the ground who can help banks realise the full potential of core transformation but more importantly the rapid product development it unlocks.”
Dale’s time at Mambu, preceded by more than 12 years at Fiserv, sees him join 10x on the back of over 17 years’ experience working with APAC banks to transform the way they operate and serve their customers.
On joining 10x, Dale said: “10x’s ability to not only bring core transformation to banks but to do it in a way that works with a bank’s existing development teams and infrastructure within their own cloud environment is nothing short of revolutionary. Singapore is an obvious strategic hub for us to operate from, firstly because we can support banks in region who are already on that innovation journey but feel incumbered by the technology they are building on. Secondly, because several countries across APAC are scaling their banking operations at unprecedented speeds. Banks need the deployment flexibility and platform extensibility that 10x brings, underpinned by tier 1 bank grade security architecture, to support their new and existing customers with innovative digital products.”
He added: “From a risk management perspective, APAC banks need a solution to adapt quickly to regulatory changes without working directly on legacy technology, and this is where 10x can help; enabling a more robust, resilient strategy for banks in the region.”
Mills continues: “We’ve chosen Singapore as our hub of operations in APAC. The country is known for its innovation, the quality of talent is extremely high, and it’s a great location to serve the rest of the region, so all in all it will enable us to set up operations quickly and grow sustainably.”
Dale’s role will be to establish and develop client partnerships across the APAC region while also building a team from the Singapore hub to grow 10x’s operations.