Lode Snykers has been appointed managing director of LogicaCMG’s international financial services business. He is responsible for the development and execution of LogicaCMG’s global strategy in the financial services sector.
Prior to joining LogicaCMG, Snykers spent more than 25 years at IBM in a variety of roles, latterly as global relationship partner for AXA. In this position he managed IBM’s worldwide services relationship with AXA Group. While at IBM in Belgium and Luxembourg, he had executive responsibility for the system integration and consulting business. Increasingly from the late 1980s, he concentrated on financial services with clients including KBC, Fortis, Euroclear, SWIFT and AXA.
“Today, the international financial services community is facing more industry challenges than ever before, with an increasing impact of regulation, globalization and consolidation,” Snykers said. “In addition, there are many sector specific pressures – such as falling revenues and rising costs in the payments industry that is forcing many banks to reassess this part of their business.
“The financial services industry needs a partner it can trust, be it to create a modern, efficient payments infrastructure or to improve back office processes or to support regulatory requirements and most importantly to improve the business result. LogicaCMG is ideally placed to help fulfil this role, with its unique combination of cross-market sector expertise and more than four decades of knowledge gained working within the financial services market. The company has worked with 70 per cent of the world’s top financial institutions including corporate and retail banks, financial clearing houses, general and commercial insurers, central banks and regulators.”