With 20 years’ experience in managing highly complex programs for organizations in the telecom industry, Sagive has held a variety of senior roles in business development and client engagement. At Finastra he will lead the company’s end-to-end payments business, holding overall responsibility for the product set, development and delivery across both retail and transaction banking segments.

Finastra’s Chief Product and Technology Officer, Eli Rosner said, “Sagive brings proven leadership experience and an extensive background in software, services and telecommunications. Over the past 20 years he has overseen countless client delivery projects, directed large delivery organizations and managed the successful integration of acquired companies. Sagive was an obvious choice to head up Finastra’s global payments business and will play a key role in supporting our promise to deliver trusted and innovative services to our customers. His passion for connecting technology, innovation and people is central to Finastra’s business proposition.”

Prior to joining Finastra, Sagive held a variety of senior roles at telecom firm Amdocs, both in Israel and across North America. Most recently he was Division President, with responsibility for integrating and managing a variety of acquired firms. He also oversaw Amdoc’s innovation unit, taking an active role in accelerating and incubating new services. Before that, Sagive held the roles of Director and Program Manager, and Director of Development at TTI Telecom.

Commenting on his appointment, Sagive said, “Right now, the payments industry is at an inflection point. Retail and corporate customers are demanding the same real-time payment services from their banks that they have come to expect in their everyday lives, and institutions are exploring the potential of cloud-enabled services. At this key turning point, I’m excited to be joining Finastra and leading the payments team to deliver outstanding products and services to our clients, as well as supporting the drive for innovation in the sector.”

In addition to his global role, Sagive is also responsible for heading-up Finastra’s Israel office in Tel Aviv.