Appointment comes at a time of accelerating internationalisation, as Tuum expands across Europe and Middle East.
London, May 25th, 2023 – Tuum, the next-generation core banking provider, today announces the appointment of Jean Souto as Vice President of Global Partnerships. In this pivotal role, Souto will spearhead Tuum’s partnership strategy to drive growth and customer success.
The appointment comes at a time of accelerating growth and internationalisation. Tuum is expanding beyond its Nordic base, across Europe and the Middle East. To support the needs of a fast-growing client base, Tuum is actively forming partnerships with the global consultancies, local system integrators, infrastructure providers, and complementary solutions providers.
Partnerships are critical to scaling the Tuum business. Souto will play a key role in helping Tuum to become a market leader in the $12 billion core banking market. Tuum, with its “smart migration” methodology has proven it can deliver fast and predictable implementations, but to be able to deliver implementations across multiple clients and regions simultaneously, it is essential to ramp up the partner network. Furthermore, while Tuum is focused on building out the breadth of its banking functionality, which already covers core banking, payments, lending and cards, non-banking functionality, such as for compliance, will be provided by a growing ecosystem of complementary solution partners. Lastly, Tuum aims to give clients multiple options when it comes to deploying its solution, whether on premise, private cloud or public cloud, and is creating partnerships with infrastructure providers, such as with AWS, which it announced earlier this month.
Souto brings considerable experience to the role. With over 25 years working in consulting, banking, and digital transformation, including most recently leading global partnerships for Feedzai, Souto brings a wealth of knowledge to Tuum and a proven record of accomplishment in building and nurturing strategic alliances.
Myles Bertrand, CEO of Tuum commented on the strategic importance of Souto’s appointment, stating, “This is a key appointment for Tuum. Strategy is about choosing what to focus on. We are clear that our competitive advantage lies in developing a market-leading core banking platform. To scale sales and delivery and to address the end-to-end needs of our clients, we need a vibrant ecosystem of partners. Jean has joined us to help us build out this ecosystem, leveraging his network and experience, and we are delighted to have him onboard.”
Souto also shared his thoughts on joining the Tuum team, saying, “It was an easy decision for me to join Tuum. Few core banking vendors are achieving the level of customer success that Tuum is delivering, which is translating in strong pipeline and revenue growth. The challenge is for Tuum to scale fast enough to meet the untapped demand, particularly amid mid-tier banks, for its solution. Partners will be key in this regard, and I am excited to take on the role of facilitating these global and local alliances to unlock faster growth.”