United Fintech opens a new office in Madrid led by Erik Nordahl
United Fintech opens a new office in Spain’s capital, Madrid. The office will be located in the same building as one of the portfolio companies, Athena Systems.
Erik Nordahl will move to Madrid to oversee the development of key projects and United Fintech’s development team. The team will focus on developing projects that focus on capital markets.
The development team will also support United Fintech’s portfolio companies, Athena Systems, FairXchange, NetDania and TTMzero.
Fight for technical talent
Christian Frahm, CEO of United Fintech, elaborates: “Acquiring technological skills in the current climate is extremely challenging. There is a battle for technical talent, which has been exacerbated by the Russia/Ukraine situation.
“With many of our clients increasingly questioning Eastern Europe as a resource center for development, we have reviewed alternative options to access the very best talent in the industry.
“We [have seen] great potential in utilizing Athena’s already established brand and network within the IT environment for top talent over the past 15 years.
“We recently worked with a number of very talented developers in Madrid on a project for one of our global investment banking clients. We are opening the United Fintech office with four developers and are actively recruiting more.”
Erik Nordahl, CTO of United Fintech, said: “Our expansion in Madrid is a great strategic move, enabling us to continue to access top technology talent for our own initiatives, client projects and to help scale our portfolio companies.
“The impact of our global sales force results in increased activity for our portfolio companies and the need for additional resources.
“If they are struggling to recruit developers in their respective locations, London, Berlin and Copenhagen, we can now source developers for them in Madrid.”
United Fintech acquires fintech companies in the capital markets sector and creates a one-stop-shop that hedge funds and asset managers can benefit from while accelerating the transition to the digital space.
United Fintech opens a new office in Spain’s capital, Madrid. The office will be located in the same building as one of the portfolio companies, Athena Systems.
Erik Nordahl will move to Madrid to oversee the development of key projects and United Fintech’s development team. The team will focus on developing projects that focus on capital markets.
The development team will also support United Fintech’s portfolio companies, Athena Systems, FairXchange, NetDania and TTMzero.
Fight for technical talent
Christian Frahm, CEO of United Fintech, elaborates: “Acquiring technological skills in the current climate is extremely challenging. There is a battle for technical talent, which has been exacerbated by the Russia/Ukraine situation.
“With many of our clients increasingly questioning Eastern Europe as a resource center for development, we have reviewed alternative options to access the very best talent in the industry.
“We [have seen] great potential in utilizing Athena’s already established brand and network within the IT environment for top talent over the past 15 years.
“We recently worked with a number of very talented developers in Madrid on a project for one of our global investment banking clients. We are opening the United Fintech office with four developers and are actively recruiting more.”
Erik Nordahl, CTO of United Fintech, said: “Our expansion in Madrid is a great strategic move, enabling us to continue to access top technology talent for our own initiatives, client projects and to help scale our portfolio companies.
“The impact of our global sales force results in increased activity for our portfolio companies and the need for additional resources.
“If they are struggling to recruit developers in their respective locations, London, Berlin and Copenhagen, we can now source developers for them in Madrid.”
United Fintech acquires fintech companies in the capital markets sector and creates a one-stop-shop that hedge funds and asset managers can benefit from while accelerating the transition to the digital space.
