Leading Point hires Peter Wallqvist to scale solutions business
Leading Point has appointed Peter Wallqvist as its Chief Product Officer, tasked with helping the consultancy scale its solutions business.
Leading Point is a digital transformation consultancy dedicated to the financial services industry. The consulting firm works with financial institutions and FinTechs, helping them to deliver change programmes, improve efficiency through process automation and agile working, and integrate technology into the operations.
The London-based consultancy also has a Solutions arm including the solutions: modellr, a tool that enables data-driven working; Data Innovation Index, a quick scan that measures readiness for data transformations; and Smart Dash, a tool that provides insight in regulatory health and key risk metrics.
Newly appointed Wallqvist will focus mainly on the latter solution, which heralds great promise for expansion, said Rajen Madan, the founder and CEO of Leading Point. “Banks spend over $270 billion pa on their regulatory obligations alone, and at Leading Point, we know how this can be made more efficient. The market opportunity to deliver efficiencies in regulatory is huge.”
Wallqvist brings over two decades of experience to the role. Wallqvist was the co-founder and CEO of RAVN Systems, one of the earliest Legal AI and cognitive computing companies. After RAVN was bought in 2017 by the US-based document management solutions provider iManage, he acted as iManage’s Vice President of Strategy and Global Practice Director.
He will draw from his experience to help Leading Point with its product roadmap, go-to-market strategy, and internationalisation. Madan: “Peter has rich experience of building a valuable SaaS business from scratch. He will be a real boost to our team, we are thrilled to welcome him at this pivotal moment.”
Commenting on his appointment, Wallqvist said: “I’m excited to be able to apply my knowledge and experience to a company with such a deep understanding of its core market, a track record of collaborative transformation and innovative data solutions.”
Later this year, Leading Point plans to add a solution dedicated to environment, social and governance.