Redwood City, California (August 6, 2017) — Finalytix, Inc. a silicon valley financial analytics start-up, announced today it has formed a new advisory board to guide its long-term strategy, and appointed Mr. Daud (David) Vicary Abdullah as the first member of the board to provide strategic guidance to management as the firm enters a new growth phase.
Daud has over 44 years’ experience in the Financial Services Sector with such institutions as Lloyds Bank, Chemical Bank and Midland Bank. He has been the CEO of two Islamic Banks based in Malaysia and spent two spells at Deloitte as a Partner, the second as Global Leader for Islamic Finance, along the way he has been involved in a Technology start up in the 1980’s, formed his own Consulting and Advisory Company and his final full-time employment was as the President and CEO of INCEIF – The Global University of Islamic Finance.
In addition to his new role at Finalytix, Daud serves on the Board of Trustees of the Responsible Finance Institute Foundation, is a Distinguished Fellow of the Islamic Banking and Finance Institute of Malaysia and a member of the UK Governments Advisory Board known as the Global Islamic Finance Investment Group. He is also FCPA (Australia).
“We conducted an exhaustive search for someone who would add breadth of talent and deep financial background to our new advisory board, and we are delighted to have identified such an outstanding individual,” said Omar Rana, Finalytix Co-founder & Director of Strategy & Finance. “I’m confident that Daud is going to make a major impact on Finalytix as it grows its offering and footprint globally.”
“I am very happy to participate in this exciting phase of Finalyix growth. Finalytix is an innovative team leveraging technology to impact WealthTech in ways that benefit end-clients ” said Daud on his new role, “especially as I believe Finalytix has a compelling offering to address the growing expectations of transparency and performance in wealth management.”
Finalytix is disrupting the wealth management industry by providing data analytics to grow its clients’ global wealth, mitigate risks, realize savings, optimize holdings and identify superior products and new investment opportunities. Finalytix solution offers transparency to clients at an unprecedented level and mitigates the inherent information asymmetries that exist in the traditional banking–client relationship. Finalytix has been a global speaker at conferences related to WealthTech in various countries and has recently been nominated as a finalist in the Global Wealth Management rewards as a “Disruptor” to the traditional Wealth Management business.