Xpansiv, the leading market infrastructure provider for the global energy transition, has welcomed Frank McAnally as its new Chief Financial Officer. With almost 20 years of senior finance and operational experience in financial technology companies, McAnally is a seasoned industry veteran. He has held key roles at firms like InstaMed, FIS, SunGard and most recently Nymbus.
McAnally expressed his enthusiasm for the new role, noting parallels between the evolution of Xpansiv and his early days at SunGard, "Xpansiv has great potential, it's building the infrastructure for the broader energy transition market which has similarities with the technology evolution I experienced during my early tenure at SunGard - it feels like a return home.” He further adds, "Energy transition markets are constantly developing and growing, similarly to the growth trajectory energy markets experienced following their modernisation. Xpansiv is at the centre, developing the critical infrastructure for the markets to succeed, and I am excited to be joining the company in this journey."
At Nymbus, a provider of banking software, McAnally served as President and CFO. His impressive career trajectory began at SunGard where he climbed to the heights of a senior financial role, in which he played a critical role in the company's $9.1 billion sale to FIS in 2015. Following that successful stint, he moved to InstaMed as EVP and Chief Financial Officer, where he brilliantly steered the company through its subsequent sale to JP Morgan Chase in 2019.
Commenting on McAnally’s appointment, John Melby, Chief Executive Officer, Xpansiv states: "Frank's wealth of experience supporting financial technology enterprises at pivotal points in their evolution make him an excellent fit for us. We are very pleased to welcome Frank to help drive the company forward as we continue to grow and enhance our market infrastructure and services."
As CFO, McAnally will play a key role in supporting Xpansiv's growth goals. The company stands as a primary provider for market infrastructure geared toward global energy transformation, and with the recent appointment, looks to augment its position.