Following a multi-million-dollar funding round Additiv has snapped up a former senior PwC partner to head up its solutions unit.

Zurich-based additiv, a leading provider of digitalisation solutions to the financial services industry, has hired Thomas Achhorner, former head of Digital Financial Services at PwC Australia.

Achhorner will take up the role of global head of Solutions, with responsibility for additiv’s Software-as-a-Service offering (SaaS) and leading a team of 20 product managers, consultants and experts, the firm said in a media release.

Banking Industry

As head of Digital Financial Services at PwC he spearheaded a range of initiatives into the Australian banking industry.

Prior to this, he spent 20 years with The Boston Consulting Group (BCG) where he advised on major IT transformation, post-merger integration and digital business programs. While at BCG, he drove the world's largest core banking modernisation program.

Based in Zurich and Singapore, he will develop additiv’s SaaS offering by packaging the firm’s platform services as cloud-based tools.

Robo Advisors

He will focus initially on the roll-out of a line of Robo Advisor products (ranging from retail to HNWIs segments) to cater to the wealth management space. Achhorner plans to expand additiv’s SaaS offering in further areas.

Since additiv announced its capital increase with a transaction volume of $21.3 million in May, it has been given the fuel to grow. It is soon to open offices in Frankfurt and London, while growing its roster of international partners who support the sales strategy in Europe, the UK, South-East Asia Greater China and beyond.

«Thomas’ experience in digitisation, C-level consulting and international business was the perfect formula for us. Armed with our capital injection, we are bringing together a team that will continue offering and producing the very best digital solutions for financial institutions in a rapidly changing world,» said Michael Stemmle, CEO of additiv.