Executive Summary: Amazon and Blue Origin’s Jeff Bezos
Born in Albuquerque, New Mexico, Jeff Bezos was raised in Houston, Texas and Miami, Florida. A graduate of Princeton University in New Jersey, Bezos studied electrical engineering and computer science before cutting his teeth in the finance industry. He became a vice president of investment firm D. E. Shaw & Co. before leaving to found the company that would secure his legacy.
Amazon, Bezos’ greatest success, was famously founded in his garage in the mid 90s, initially as an online bookstore. In 1999, Bezos spoke of the hopes he had for Amazon, saying: “I think that if we're not one of those important, lasting companies born of the internet, we will have nobody to blame but ourselves and we will be extremely disappointed in ourselves. But there are no guarantees. It's very, very hard to predict.
"But I believe that if you can focus obsessively enough on customer experience, selection, ease of use, low prices, more information to make purchase decisions with, if you can give customers all that plus great customer service...I think you have a good chance. And that's what we're trying to do."
In addition to being CEO, Bezos holds a 12% stake in the company. He previously owned 16%, relinquishing a quarter as part of a divorce settlement with his wife of 15 years, MacKenzie Tuttle, in 2019.
While Amazon remains Bezos’ main focus, his true passion may lie in his space company, Blue Origin. Founded in 2000, the firm was born from Bezos’ lifelong passion for space; he has previously said that “I believe [...] that Blue Origin [...] is the most important work that I’m doing.”
Bezos frames his work with Blue Origin on a generational timescale, anticipating that without pursuing human expansion into space, “we will eventually end up with a civilization of stasis, which I find very demoralizing.”
From his earthly to his cosmic pursuits, it’s clear that Bezos’ philosophy revolves around constant progress and the avoidance, at all costs, of stagnation.
CPQi x Finastra: Creating a dynamic partner ecosystem
Finastra is a fintech company that builds and deploys innovative, next-generation technology on its open Fusion software architecture and cloud ecosystem. Its scale and geographical reach enable it to serve customers effectively, regardless of their size or location - from global financial institutions to community banks and credit unions.
Formed in 2017, Finastra has US$1.9bn in revenues, 9,000+ employees, and around 8,600 customers, including 90 of the top 100 banks globally.
At Finastra, they make it no secret that partnering is at the core of everything they do. The pace at which the industry is transforming and the rate at which customer’s demands are changing means that partnering is a necessity. Its mission is to develop the world’s most successful, dynamic, and engaging partner ecosystem. In a bid to drive this mission to the next level, its approach to partnering has entered a new realm.
Partnering with CPQi
One of its partners is CPQi, a leading provider of digital transformation and managed services in the Americas, focused exclusively on Financial Services.
At CPQi, its developers can help you customise and integrate Finastra so it fits in with your business. “CPQi has the privilege of partnering with Finastra - one of the top three Fintechs in the world today,” said CPQi’s CEO, Terry Boyland.
CPQi can help ensure long-term scalability by helping move Finastra onto the cloud with its platform-specific digital transformation offerings. Migrating Finastra onto a cloud-based infrastructure can ensure speed of delivery and faster innovation.
They provide full-scale ongoing support of your Finastra platform and can maintain your Finastra platform with our high-quality onsite resources, ensuring the successful outcome of every project.
“We’ve worked with Finastra since the early days when its Kondor system was part of Thomson Reuters,” adds CPQi’s CEO Terry Boyland. “Kondor has been merged into and built on via a suite of financial services applications from Finastra deployed under the Fusion banner. We believe the Fusion fabric is a tremendous product enabling organisations to use modern development methods through the cloud to access some of their legacy platforms and their existing engines underneath. We’ve worked with Finastra on a number of applications, both in Latin America and in North America. They're great to work with and deservedly viewed as one of the top three financial technology firms in the world.”
Read the feature in Technology magazine.