Apex Fintech Solutions Appoints Andrew Glenn as Chief Technology Officer

Apex Fintech Solutions has named Andrew Glenn as its new Chief Technology Officer, bringing on board a seasoned engineering executive with more than two decades of experience in financial technology and scalable systems development.

Glenn joins Apex from Stripe Capital, where he served as Head of Engineering. There, he led technology initiatives that supported over $1 billion in annual lending volume and achieved record customer satisfaction metrics. His previous leadership roles include positions at Capital One, Betterment, and Rent the Runway, where he directed critical projects including cloud migrations and the launch of new financial services products.

“I’m excited to join Apex at such a transformative time”

Apex CEO Bill Capuzzi commented, “I’m thrilled to welcome Andrew to the Apex team. His extensive background in engineering and fintech, combined with his ability to deliver meaningful results, will be a tremendous asset to Apex. Andrew’s expertise and approach to innovation align perfectly with our vision, and I’m confident he will help drive the technology and solutions that support our clients and fuel our continued growth.”

Earlier in his career, Glenn co-founded an ecommerce startup and contributed to the development of large-scale systems at Google and DoubleClick. His broad experience in building and optimizing infrastructure provides him with a strong foundation to lead Apex’s technology strategy.

As CTO, Glenn will oversee Apex’s engineering operations with a focus on scaling its infrastructure and delivering technology tailored to meet the needs of clients in the fintech and wealth management space. He is expected to play a key role in supporting the company’s growth and maintaining its position at the forefront of investment infrastructure.

Andrew Glenn said, “I’m excited to join Apex at such a transformative time for the company and the fintech industry as a whole. Apex has built a remarkable platform that sets the standard for innovation in wealth management. I look forward to partnering with the talented team here to deliver technology solutions that directly address our clients’ evolving needs.”

Apex Fintech Partners With Google Cloud for Apex Ascend

Earlier this week, Apex Fintech partnered with Google Cloud to support the growth of its Apex Ascend platform, a cloud-native infrastructure for trading, clearing, and custody services. The collaboration uses Google Cloud’s integrated AI stack and secure infrastructure to replace legacy systems in capital markets with scalable and modern alternatives.

The Ascend platform, launched in January 2024, was developed on Google Cloud and offers real-time ledger functionality, account onboarding, funding, and self-service analytics. The system also includes automation features for corporate actions, rebalancing, order handling, and trade execution, designed for fintech, wealth management, and institutional clients.

To support the Ascend platform, Apex is using several Google Cloud services. AlloyDB, a fully managed, enterprise-grade PostgreSQL-compatible database, allows Ascend to support high-throughput transactions and large-scale operations without traditional licensing costs. This database supports Apex’s real-time ledger in tasks including trade management and risk assessment.

BigQuery provides the foundation for near real-time access to large volumes of sensitive data. It supports privacy-focused reporting through row- and column-level security and data tagging, giving clients direct access to structured datasets for operations and strategic decision-making.

For business intelligence, Apex integrated Looker and Looker Studio into its Apex Insights offering. These tools allow clients to generate on-demand analytics for risk analysis and performance reporting, consolidating information across operations.

Vertex AI, Google Cloud’s AI development platform, powers Ask Ascend, an AI assistant designed to answer technical questions related to APIs, SDKs, and software documentation. Ask Ascend is available across several regions including North America, Asia, Africa, Oceania, and South America.

Ascend’s developer-first approach has shortened onboarding timelines for some clients to as little as six weeks. Adoption has increased across broker-dealer and wealth management firms, both in the U.S. and internationally, due to integrated analytics and trade lifecycle support.

Apex Fintech Solutions provides financial technology infrastructure through brands such as Apex Clearing, Apex Advisor Solutions, and Apex Silver. The company supports a range of clients including market leaders and emerging fintech firms. Apex Clearing Corporation is a registered broker-dealer and a member of FINRA and SIPC.

Ascend is positioned to support faster innovation by enabling financial services providers to launch and scale with fewer infrastructure constraints. The partnership with Google Cloud allows Apex to offer a full-stack investment infrastructure that includes real-time data processing, secure analytics, and integrated AI capabilities.


Descubra mais sobre

Assine para receber nossas notícias mais recentes por e-mail.

Deixe um comentário

Rolar para cima