New York, NY—
Novantas, Inc., a major financial industries analytics and advisory firm, announced today that Andrew Frisbie and Pete Gilchrist have joined the Company as Managing Directors, expanding and strengthening Novantas’s capabilities in deposit analytics, banking strategy, risk management, and stress testing.
The two senior industry advisors each have fifteen years of consulting and analytics leadership experience. Andrew is a widely recognized expert in banking strategy and pricing, having conducted dozens of engagements spanning the largest U.S., European, and Australian banks. His articles, white papers, and presentations are widely read in the industry, and he is a highly sought speaker for conferences and panels including the Bank Administration Institute’s CFO Roundtable, the Association for Management Information in Financial Services, the Federal Reserve, the 8th Annual Stress Testing Conference, and Bernstein Research. He is also an instructor at the Consumer Bankers Association’s Graduate School of Banking. Andrew earned an A.B. magna cum laude from Princeton University in Political Science. As a Managing Director, Andrew will take a leadership role in developing deposit strategies to help Novantas clients improve competitive positioning and stress testing capabilities.
Pete Gilchrist has more than fifteen years of experience in developing and implementing risk measurement and management strategies for financial institutions. A widely sought industry expert, he has conducted a range of engagements including building, implementing, and applying advanced deposit analytics; developing and implementing risk-adjusted profitability measurement methodologies; creating credit risk management analytics and grading systems; and developing tools to measure and manage interest rate risk and liquidity. Pete has significant experience serving Treasury, Finance, and Risk departments, as well as all major lines of business. Pete has spoken at numerous financial services industry forums, including the Association for Management Information Profitability, Performance, and Risk Conference; the Bank Administration Institute CFO Roundtable, Bernstein Research Financials Summits, the 8th Annual Stress Testing Conference, and the Asociacion de Bancos de Mexico (ABM) Risk Symposium. Pete earned an A.B. with honors from Harvard University, where he concentrated in theoretical mathematics, and has a J.D. from New York University School of Law. As a Managing Director, Pete will take a leadership role in advancing the risk management capabilities of Novantas clients, particularly related to stress testing.
Both executives were previously at First Manhattan Consulting Group.
“Andrew and Pete are among the most talented professionals in the financial industries consulting field,” said Dave Kaytes, co-CEO of Novantas. “We are delighted they have decided to join the Novantas team and help our clients position themselves to succeed in today’s highly challenging competitive and regulatory environment.”
“I am very excited to join Novantas”, said Gilchrist. “I have long respected the Firm as a leader in financial industries consulting, and I wanted to be part of this dynamic and growing team.”
“Novantas is known industry-wide as the leading innovator in financial services consulting,” said Frisbie. “I believe that it provides the best platform for me to help banking clients advance their competitive capabilities.”
The two Managing Directors will operate from the Company’s New York headquarters office.
Novantas, Inc. is the leader in customer science and revenue management strategy in the financial services industry. A FinTech 100 Company, the firm’s Management Consulting, Solutions, Data and Research divisions specialize in investigating and interpreting customer needs, attitudes, and behaviors in ways that help companies refine marketing decisions, customer strategies, and sales and service activities. For more information, visit Novantas.com.
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