11:FS Foundry makes Simon Taylor Chief Product Officer

03 August 2021 Consultancy.uk 1 min. read
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Digital financial services firm 11:FS Foundry has appointed Simon Taylor as its Chief Product Officer. Taylor is a co-founder of the broader 11:FS firm, and was previously a blockchain leader at Barclays.

In 2016, a host of financial services experts launched a new consulting firm. 11:FS was co-founded by David Brear, former head of digital banking at Gartner; Chris Skinner, Financial Services Club (FSC) chair and author of The Digital Bank; Jason Bates, Mondo banking app co-founder; and Simon Taylor, then the Vice President of entrepreneurial partnerships at Barclays.

Since then, it has worked with the likes of NatWest’s Mettle business banking service, Standard Chartered, and other firms across Europe, Asia, Africa, and North America. It is also building its own modular banking infrastructure, 11:FS Foundry, to deliver secure, digitally native banking proposition to scale and at speed.

11:FS Foundry makes Simon Taylor Chief Product Officer

As 11:FS looks to rapidly expand its Foundry line, it has posted co-founder Taylor as its Chief Product Officer. Having previously overseen blockchain research and development at Barclays, Taylor is no stranger to introducing innovation to the banking sector – and until recently he was still working within 11:FS to build challenger banks for clients NatWest and Standard Chartered.

According to fellow co-founder and CEO David Brear, the opportunity for traditional banks, neo-banks and non-banks to add new financial products and scale their offerings at speed is significant. To help clients meet this demand, Taylor will lead product strategy to help businesses add FinTech to their offerings.

Commenting on the appointment of Taylor, Brear added, “Our product and market strategy for 11:FS Foundry couldn’t be in better hands.”