Castlight Financial, the Glasgow-based financial capability company, has further strengthened its management team with the appointment of open banking strategist, Neil Cunningham.

Neil has a strong track record of new product innovation and the creation of transforma-tive business partnerships within the consumer credit and financial services markets. Most recently as Partnerships Director at Equifax UK, Neil was responsible for an ecosys-tem of over 80 third party partners ranging from fintechs to large consultancies across the credit risk lifecycle.

In his new role within Castlight’s open banking strategy team, Neil’s key priorities will be to further develop the company’s network of creative business relationships as well as nurturing “co-creation” initiatives with customers – partnering with them to deliver innova-tive, custom-built solutions for business growth.

Neil says:

“Castlight already has an established track record of innovation and that was very appealing to me. The principle of co-creation drives the company’s relationships with its financial services customers and that is something I’ve advocated strongly throughout my career. Open banking has transformational potential, yet we’ve heard it referred to as a slow burn revolution. It’s not a silver bullet on its own. In my mind the way to accelerate the revolution is to collaborate with the other players in the value chain such as financial institutions, software providers and other fintechs, in order to deliver tangible value to the customer in an intuitive way.”

Phil Grady, Castlight CEO is delighted to be welcoming Neil on board. He says:

“Neil is joining us at an exciting time for our business as our portfolio of affordability solutions is growing at a steady pace and our customer base is expanding. We are confident that Neil’s open banking expertise and extensive experience of partnership working will be of significant value to our customers as we continue to work with them to create, innovate and drive their businesses forwards.”

For further information, please contact Phil Grady, CEO on 07736 950979