Alla Gancz joins EY as partner in financial services tech practice

Big Four firm EY has boosted its financial services consulting wing with the arrival of a new partner hire. Alla Gancz will act as the firm’s payments head in its UK financial services technology practice.

Having transformed the payment market in recent years, FinTechs are increasingly entering the credit market. This disruption is causing problems for established players – but it is also generating huge opportunities for those able to pivot their businesses accordingly.

Globally, the payments and lending market is forecast to reach $9.8 trillion in the next three years.

Many businesses are turning to external expertise, as they look to take advantage of the situation. As a result, demand for EY’s financial services technology practice looks set to boom in the coming period.

As it responds to rising market demand, EY has installed Alla Gancz as a UK Partner and Payments Leader in the team.

Paul Sparkes, UK Financial Services Consulting Leader at EY, said, “Payments sit at the heart of the rapidly accelerating digital economy, and Alla has a wealth of experience and expertise which will be crucial to our clients as they navigate through their digital transformation journeys.”

Gancz boasts more than 25 years of experience working in consulting, having led digital transformation and innovation programs across the financial services sector. This includes accruing significant in the payments space, as well as in retail and commercial banking, insurance, and in wealth management.

She arrives from global technology and management consultancy Capco, where she was also a Partner. During her time with the firm, she also served as Head of Digital, while she formerly held leadership roles at MasterCard and American Express.

Speaking on her move, Gancz noted, “We are seeing huge transformation across the payments industry and I am delighted to be joining EY at this crucial time. Innovation around the speed and safety of payments is a huge focus for financial firms and I look forward to helping our clients shape the future of payments in a post-pandemic world where consumer demand for better, smarter products and services continues to rise.”