Canstar appoints chief product and technology officer

Source: Canstar

Canstar, Australia’s biggest financial comparison site*, comparing more brands than any other, announces the appointment of Angelo Demasi as Chief Product and Technology Officer.

Demasi will lead the company’s digital innovation strategy, advancing Canstar’s technology capabilities and delivering improved customer and client experiences on site.

With extensive leadership and delivery experience in digital, Demasi has previously served as a Partner and Managing Director at global consulting firm, BCG Digital Ventures working across Australia, Asia and the United States to drive digital strategy and build new digital businesses.

Demasi has also held executive and senior leadership roles leading digital teams at Westpac and NAB, and currently sits on a number of Boards across the technology, energy, health and fitness sectors.

Commenting on the appointment, Canstar Managing Director and CEO, Andrew Spicer said, “Angelo joins the team with an impressive track record in digital transformations and product development. His deep digital experience will be paramount to leading our talented team in building the next generation of digital solutions for our customers.”

“Canstar has been investing heavily in its technology platform, using leading edge Google, Facebook and AWS technologies. We now have over 80 product and technology specialists working on the business.

“Angelo’s remit will also see him take executive responsibility for Canstar Labs, which has been developing machine learning solutions to help consumers understand the likelihood of acceptance by lenders for a loan or credit facility.”

Demasi’s appointment follows a slew of technology partnerships announced by Canstar in recent months including a partnership with Frollo in the Personal Finance Management (PFM) and open banking spaces and the implementation of Tealium as a Customer Data Platform (CDP).

Speaking about his remit, Demasi said, “Australian consumers trust Canstar to help them in making better financial decisions. There is an incredible opportunity to leverage emerging technologies such as AI and ML together with the consumer data right for open banking and energy, and credit reporting to deepen this trust.”

“Canstar is the best positioned Australian business to replicate the success of leading US firms such as Credit Karma - to become Australia’s most trusted digital platform empowering more people to take control of their financial life.”

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