Drawing on its founders' fifty years combined experience in the financial technology market, as well as their extensive expertise in business turnarounds and driving shareholder value, the new firm will provide acquired organisations with strong financial backing and highly skilled management capabilities – enabling them to consolidate, grow and take advantage of the global financial market.
Unparalleled pedigree
Prior to Third Financial Ventures, Stewart Foster was a board director of AIM listed Financial Objects plc, where he was responsible for two of the company’s largest and most successful divisions – Activebank Retail and Activebank Wealth Management – as well as the establishment of its major offshore development centre in Bangalore.
As one of the UK’s early IT entrepreneurs, Roger Foster founded ACT and built it into one of the world’s largest packaged financial software companies before its sale to Misys plc in 1995. More recently he was founder, chairman and CEO of Financial Objects, where he led the company in achieving continued organic growth, as well as the successful integration of a number of high profile acquisitions.
Contact
Stewart Foster, co-founder and CEO
Tel: +44 (0) 7887 660 887
Tel: +44 (0) 207 349 0034
Email: Stewart.Foster@thirdfin.co.uk
"The financial technology landscape is both diverse and fragmented, which means there is enormous potential for acquisition and integration. Our goal is to be instrumental in turning specialist companies around not simply through financial investment, but also with the injection of market knowledge and practical management capabilities. This, in turn, will generate vast improvements on a commercial and operational level – enabling challenged companies to develop and flourish."
Stewart Foster, co-founder and CEO of Third Financial Ventures
News
Third Financial Ventures is pleased to announce its first investment with the launch of Third Financial Software. Please go to www.thirdfin.com for more details.