GPP acquisition offers opportunities for senior developers

In the wake of Africa’s tech talent shortage, financial services firm GPP is set on offering attractive opportunities for senior developers who can help shape the future of the fintech industry.

Last year, GPP, United Kingdom-based tech-enabled firm with a remote office in Cape Town, was acquired by Titan Wealth Holdings Limited. This was as part of a strategy to bring a new proposition to the wealth and asset management sector.

Fundamentally, Titan is changing the landscape in its market beyond the delivery of higher quality and flexible services, with GPP developers at its core, believes Geoff Towers, recently appointed chief executive of GPP.

The British-based Towers is now identifying innovative ways to attract exceptional developer talent from not only South Africa, but also around the world.

Towers was previously the CEO of BNY Mellon’s Pershing business. He boasts more than 40 years’ experience in wealth management and investment services.

“Geoff joining GPP has come at a time where we are looking to drive our tech-focused finance culture to attract developers who think outside the box and who have a passion for being innovative,” says GPP head of product Craig Abernethy.

“Our industry is at a tipping point where those providers willing to embrace more efficient ways of doing business will be the ones who differentiate themselves from the rest of the market. The past two years have seen GPP remove any friction when it comes to new talent acquisition. It has been a concerted effort to quickly hire for the experience we need to continue providing more dynamic wealth management solutions.”

Meanwhile, the normalisation of a hybrid work environment is putting financial services providers under pressure to create highly efficient teams regardless of the geographic location of individual members.

The high calibre of senior developers GPP has been able to attract means it can rapidly scale and optimise its wealth solutions platform beyond how rival, traditional administration models are currently running.

“Our development approach is very much geared towards democratising business problems and breaking down siloes,” adds Trevor Sumner, head of engineering at GPP.

“We offer significant value through our technologically driven problem-solving and overcoming the challenges of operating at scale. GPP is a driver of efficiencies, and with our engineering team, we are constantly identifying how to incorporate innovations and enhancements into the Titan platform.”

GPP has developed a bespoke clearing and custody solution specifically for Titan Wealth with the means to develop new business models and tap into more opportunities as the market for wealth management continues to grow. Integration into existing Titan Wealth systems is critical in this regard along with recruiting for more senior developers.

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