Parsippany, New Jersey-based risk analytics firm Provenir, announced Jan. 14 the appointment of Waldemar Faltenberg to oversee the company’s expansion into the DACH Region.
Faltenberg will assume the position of senior sales executive, DACH, where he will manage sales operations for Austria, Germany and Switzerland, the countries that comprise the region, according to a press release published on the website Business Wire.
“I am excited to join Provenir at this pivotal time as demand for solutions enabling real-time processes is surging to meet customers’ desire for instant decisions," Faltenberg said in the release. “The market for financial services solutions in DACH is growing rapidly, and I look forward to continuing to build upon Provenir’s momentum in the region.”
Provenir added that Faltenberg’s appointment comes on the heels of its growth last year and a recent increase in demand for its products and services.
Faltenberg comes to Provenir with 15 years financial services experience serving in senior sales management and consulting positions at BFS finance GMBH, VR Smart Finanz AG, VR Leasing AG and Coface, according to the release.
Frode Berg, managing director EMEA for Provenir, said Faltenberg will play a large role in the company.
“Waldemar has a wealth of experience in the German banking market and in credit risk decisioning specifically,” Berg said in the release. “An increasing number of organizations in EMEA are selecting Provenir as their risk decisioning partner. Waldemar will spearhead our efforts to engage with fintech innovators and innovative banks seeking access to industry-leading AI-powered risk decisioning software for real-time credit decisioning.”
Provenir’s operations span more than 40 countries with more than 2 billion transactions annually.