Exclusive: Leverate Appoints Nir Shem-Tov as Chief Operating Officer

Leverate, a Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term specialising in brokerage solutions for the financial services industry, today announced the appointment of Nir Shem-Tov as the company’s new Chief Operating Officer (COO).

News of the appointment comes less than a week after the company announced the departure of the group’s former COO and Vice President Product, Eitan Bar-On, who parted ways with the company to explore a new direction.

Nir Shem-Tov was previously COO of platform-solutions provider Websplanet, a role he held for 5 years in which he was responsible for leading the company's technology and operation including overseeing R&D, product, customisation, implementation, QA and training together with customer and pre-sales support.

Prior to his tenure at Websplanet, he was VP of Delivery at Amdocs responsible for leading change and the major restructuring of the company’s delivery and R&D functions.

"Leverate is adapting to changing market"

According to Shem-Tov in an exclusive statement on the appointment to Finance Magnates: "I am excited to join Leverate in a capacity that can truly make an impact. Managing critical teams in the company while sitting on the Executive is a bit like jumping in the deep end, but it is a challenge that I relish. I have joined an excellent company with an excellent team. Seeing the vision for the future and how Leverate is adapting to changing market is a unique opportunity that I am very optimistic about."

"Nir is a welcome addition to Leverate and our executive management team. While replacing Eitan Bar-On was a difficult undertaking, Nir comes with a wealth of hi-tech experience and skills to see us take on the challenges of the Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term market. Nir will oversee the Product Management, R&D, Account Management teams, IT and Support teams and we wish him the best of fortunes in his role," noted a Leverate spokesperson in an accompanying statement.