NEW YORK, March 10, 2016 /PRNewswire/ -- Novantas Inc., a leading financial services advisory and technology solutions firm, is pleased to announce that Edward (Eddie) Niestat has joined the Company as a Managing Director in the New York Office. Niestat will help create a Payments Center of Excellence at Novantas, while building out and leading the Payments Business Unit.
Over the past 30 years, Niestat has successfully led strategy and data analytics initiatives in both retail and wholesale payments for financial institutions across North America and Europe. Prior to Novantas, Niestat held positions as the global head of the Financial Services practice for PA Consulting Group, and head of the retail banking practice of Argus Information & Advisory Services.
"Payments is an essential part of the banking infrastructure, and we're thrilled to leverage Eddie's expertise to expand and strengthen our offerings," said Dave Kaytes, Co-CEO of Novantas. "The Center of Excellence allows us to offer leading edge support to our clients as they think about the end-to-end needs of customers in the digital world."
"Bank customers no longer think of their relationships in product silos of checking account, debit card, and so forth – they just think of their bank as a place they can put money into and take money out of. Financial institutions are therefore organizing around a single holistic banking space and we need to reciprocate with integrated solutions," added Niestat. "I am excited to build on the analytical strength and sterling reputation of Novantas to deliver those solutions to the industry."
Niestat holds an MBA from Northwestern University's Kellogg Graduate School of Management, a JD from Northwestern School of Law, and a BA in Biology from Princeton University.
Novantas is the industry leader in analytic advisory services and technology solutions for banks. We create superior value for our clients through deep and insightful analysis of the information that drives the financial services industry — across pricing, product development, treasury and risk management, distribution, marketing, and sales management. For more information, visit www.novantas.com.