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Charles Rierson Managing PrincipalBacked by decades of experience working in banks as executive business leaders, Abelian consulting teams can comprehend the needs and regulatory requirements of banking entities. “As the banking industry morphs in the next ten years with new technologies, we can be a bridge between new fintech companies/technologies and traditional banks,” mentions Charles Rierson, the managing principal of Abelian Partners. With a strong view that technology will drive banking over the next decade, the company looks to bring new solutions into banks to provide immediate practical value, either through increased revenue or decreased costs.
Abelian works on technology solutions from strategy through implementation at banks and other financial institutions. The company follows a project management logic similar to the currently-popular Agile software development cycle. This style, based on short “sprint” cycles and continuous feedback, matches the management style of Abelian’s principals.
As the banking industry morphs in the next ten years with new technologies, we can be a bridge between new fintech companies/ technologies and traditional banks
Relating a recent Abelian customer success story, Rierson describes assisting a large global bank with a business-lending product for high-net-worth clients. A fintech partner was brought in, which ultimately enabled a product that offers best-in-breed digitization and automation, while still maintaining a necessary white-glove servicing standard. This example stands as a testament to Abelian’s value proposition of practical banking experience for consulting projects and fintech applications.
Abelian stands apart for its practitioner expertise, network of featured consultants, and a continuous development project orientation. “Our consultants have sat in the chair and made the tough decisions that clients face every day. Abelian consulting teams are efficient with ideas and designs because industry experience backs up all recommendations,” says Rierson. In short, Abelian challenges traditional project management frameworks to consider both strategy and implementation simultaneously. Further, Abelian’s deep practitioner experience and technology focus drives implementable solutions that achieve real-world results.
Having carved a unique niche in the fintech space, Abelian is growing rapidly and will continue to add partners with specific practitioner skill sets. Additionally, the firm regularly discusses partnerships with other firms that are complementary to its mission and vision. “The focus continues to be on the needs of clients and how best we can provide leadership to financial institutions over the next decade,” concludes Rierson.
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Company
Abelian Partners
Management
Charles Rierson Managing Principal
Description
Abelian Partners is a practitioner-based consulting firm that specializes in commercial credit, technology and capital markets for financial institutions. The company grew out of experience in commercial credit and capital markets across the last 30 years of banking, and now embraces the fast paced industry change occurring with developing fintech solutions. The company brings practical banking experience to consulting projects for fintech applications at financial institutions
• Mr. Trainor also brings several of his former technology colleagues to the practice, expanding Abelian's "hands-on-keyboard" abilities for bank technology initiatives.
• These additions enrich Abelian's practitioner-led bank consulting and its nCino change management practice.
ATLANTA and NEW YORK, -- Abelian Partners (www.abelianpartners.com) welcomes John Trainor as a new Managing Director on the firm's practitioner consulting team. Mr. Trainor will lead Abelian's technology consulting practice and will head up a New York office for the firm. Mr. Trainor will be joined by several of his former technology colleagues to expand Abelian's "hands-on-keyboard" capabilities for bank technology initiatives.
Mr. Trainor was in the CIO role at Signature Bank for over 7 years, where he led the digital transformation of the bank's commercial lending architecture, including the implementation of a commercial loan system (ACBS), a cloud-based banking platform (nCino), a data warehouse with Tableau data analytics, and a blockchain-based payments platform. He sponsored the implementation of the nCino Commercial Client Onboarding and loan origination solutions and still sits on the nCino CIO Advisory Board. Prior to Signature, Mr. Trainor was in IT financial institutions consulting with Virtusa in the U.K. and ALaS (acquired by Virtusa in 2011) in the U.S. He began his career at Bankers Trust as a product manager working both in New York and London. Mr. Trainor holds a BA in Economics from the University of Albany, SUNY and an MBA from the London Business School.
"I've worked with Abelian's practitioner consultants as a banker and now look forward to helping the firm's clients with technology enablement," said Mr. Trainor. "Specifically, a firm like Abelian that drives its technology recommendations from practical business advice was of utmost importance to me," he added.
"As a banking leader, John was a tremendous nCino champion for change," said Davis Brannan, EVP Ecosystems & Strategic Growth at nCino. "We are excited to continue our partnership in his new role at Abelian as he advises banks on how to leverage technology to adapt and transform their businesses. We wish him well in his new role."
"John is the right mix of practitioner banker and problem-solving consultant," said Charles Rierson, Managing Principal at Abelian Partners. "His leadership brings scale to Abelian and expertise to our clients. We are very excited to have him join the Abelian family," he added.