CEO Change Announced at Genesis Global
New CEO Takes the Reins at Genesis Global, Pledging to Drive Software Innovation in Financial Markets
James Harrison has been appointed as the new CEO of Genesis Global, succeeding co-founder Stephen Murphy who stepped down after a decade at the helm.
Harrison's role as CEO focuses on advancing Genesis Global's mission to lead software innovation in financial markets. With an AI-native application development platform, the company aims to help financial institutions modernize legacy systems, reduce vendor dependencies, and replace end-user computing with more robust, compliant software solutions.
Harrison's extensive background in senior technology roles at major global financial institutions, including Credit Suisse, Merrill Lynch, Bear Stearns, HSBC, and Fidessa, positions him well to lead Genesis in meeting growing demand for AI-powered automation and regulatory-compliant solutions across the financial sector.
The Genesis platform is already being utilized by the financial industry for its AI expertise. Major clients such as Bank of America, BNY Mellon, Citi, ING, Marex, Neptune Networks, Octaura, and StoneX are benefiting from the platform, indicating Genesis Global's significant role in supporting digital transformation across major financial market players.
Harrison plans to innovate alongside clients and partners, using the Genesis platform's component-driven architecture designed to integrate AI in a predictable and compliant manner. He aims to help clients capitalize on AI and other technical changes accelerating in financial markets, including regulatory imperatives like T+1 settlement compliance in Europe.
Harrison also intends to support clients in reducing operational risk and modernizing workflows through compliant, extensible applications with embedded AI controls and digital assistant integrations. This will help firms in financial markets accelerate their digital transformation strategies.
Stephen Murphy, the outgoing CEO, expressed pride in what Genesis Global has built in partnership with its clients, strategic partners, and investors. He noted that the platform allows clients to extend and customize solutions, with the component-driven architecture providing guardrails for AI.
James Harrison, based in New York, has worked in London, Sao Paulo, and Hong Kong, and he expressed his excitement about advancing the Genesis Global mission to become leaders in software innovation across all financial markets.
References:
- Genesis Global Press Release: James Harrison Appointed as CEO
- Financial News: James Harrison Takes Over as CEO of Genesis Global
- Financial IT: Genesis Global's New CEO, James Harrison, Discusses the Future of the Company
- The Trade News: Genesis Global's New CEO, James Harrison, on the Future of the Company
- Business Insider: Meet the New CEO of Genesis Global, James Harrison
- James Harrison, the new CEO of Genesis Global, aims to drive software innovation in financial markets, using technology to help financial institutions modernize their legacy systems and meet growing demand for AI-powered automation and regulatory-compliant solutions.
- Under Harrison's leadership, Genesis Global plans to innovate alongside clients and partners, leveraging their AI expertise to help firms in financial markets accelerate their digital transformation strategies, improve compliance, reduce operational risk, and capitalize on AI and other technical changes.
