Pendo Systems Announce the Hire of Michael Perentin to Build a World-Class Services Team and Their Nomination for the Fintech Power 50

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Pendo Systems is pleased to announce the recent hiring of Michael Perentin as Director of Premium Services. Michael is an accomplished strategic executive with over 18 years of experience and a history of leading large transversal projects within Corporate and Investment Banking, and a record of completing critical projects on time while leveraging the opportunity to drive positive change. Michael has built high-performance teams, effective systems, and processes, with his strengths including being action-oriented, driving timely decisions, learning agility, and client relations.

Michael will be responsible for building Pendo System’s world-class services team, a role he is well positioned for based on his prior experience. Before joining Pendo Systems, Michael worked at Bank of Montreal (BMO) as their Head of Strategy and Project Delivery for Derivative Operations, where he led the development and execution of strategic vision for Operations change across BMO Capital Markets. Before BMO, Michael was a Managing Principal at Capco where his focus was leveraging on Capital Markets software solutions in working with clients to improve trade workflow, trade processing, accounting, valuation, and risk management practices.

As Pendo's growth continues to excel, we will continue to make support and client satisfaction another of our key differentiators, so Pendo is thrilled to welcome someone with Michael's experience and expertise to our growing team. His combination of business savvy and fit with the culture at Pendo sets us up extremely well for the next level of our growth.

Pamela Pecs Cytron, Founder/CEO, Pendo Systems

Michael also was a Consulting Manager at Misys Banking Systems where he led a team of expert consultants, negotiated contracts and managed customer relationships for the Summit product.

"As Pendo's growth continues to excel, we will continue to make support and client satisfaction another of our key differentiators, so Pendo is thrilled to welcome someone with Michael's experience and expertise to our growing team.  His combination of business savvy and fit with the culture at Pendo sets us up extremely well for the next level of our growth." Says Pendo Systems Founder/CEO Pamela Pecs Cytron.

Pendo Systems is also proud to announce their nomination for a place on the Fintech Power 50. Over 400 global businesses have already been nominated for the chance of a spot on the final 50. “This award is not just a list of the most influential and up-and-coming Fintech businesses around the world, but the beginning of a global community of companies that will each shape the future world of Fintech. We’ve designed this to be more like an accelerator programme with a hub-like community, so being a part of the Fintech Power 50 will give businesses the chance to showcase their product, network, seek investment, profile their senior team and much more,” says Jason Williams, Director at the Fintech Power 50.

The deadline for nominations is 31 July 2018, while the deadline for voting via the Fintech Power 50 website is 31 August 2018. Following the voting process, the creators and partners of the Fintech Power 50 list will work together and select just 50 businesses for the final 2018 list. The process will rely on a variety of criteria, considering not only businesses with the most votes but also those showing innovative flair and creativity.

About Pendo Systems

The Pendo Machine Learning Platform is a data management and intelligence platform that provides exploration, discovery and analysis capabilities across multiple, disparate sources of unstructured data. It transforms unstructured data into AI ready datasets at machine scale and significantly improves on standard NLP libraries by applying real-world, customer training data – improving accuracy to over 95%. Headquartered in New Jersey with offices in Charlotte, NC, the senior management team brings decades of experience developing, selling and supporting enterprise-grade software solutions to global banks, insurance companies, and asset management firms. The firm prides itself on maintaining its agile development philosophy in order to address the ever-changing environment of the financial services industry.

Pendo Systems is certified as a Women’s Business Enterprise by the Women’s Business Enterprise National Council (WBENC), the nation’s largest third-party certifier of the businesses owned and operated by women in the United States.

For company information

Philip Smith | prsmith@pendosystems.com | 646.354.0067

Source: Pendo Systems

About Pendo Systems, Inc.

Pendo Systems transforms unstructured data into addressable, machine-readable content. 85% of data held by businesses is unstructured, which means it can't be used in automated systems like ML/AI as they require structured data to work.

Pendo Systems, Inc.
543 Valley Road
Montclair,, NJ
07042

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