CEO Change Announced by Genesis Global
In a significant move for the financial technology sector, Genesis Global, a pioneering company empowering non-technical business users to build robust, compliant financial applications using AI, has announced the appointment of James Harrison as its new CEO. Harrison succeeds co-founder Stephen Murphy, who served as CEO for ten years.
Harrison, a co-founder of Genesis Global, brings extensive senior technology experience to his new role. He has worked at major financial firms including Credit Suisse, Merrill Lynch, Bear Stearns, HSBC, and Fidessa. Based in New York, Harrison has also worked internationally in London, São Paulo, and Hong Kong.
In his new leadership role, Harrison is focused on advancing Genesis Global’s mission to lead software innovation in financial markets. Genesis provides software and solutions built on an AI-native application development platform designed to modernize legacy financial systems, reduce vendor dependencies, and replace error-prone end-user computing with robust, compliant applications.
The platform features a component-driven architecture that allows both technical and non-technical users to rapidly develop and customize financial applications with embedded AI, while maintaining strict compliance controls, including in workflows involving AI agents and digital assistants.
Under Harrison’s leadership (and previously under Murphy’s tenure), Genesis has grown as a global provider transforming financial software development. The company helps clients accelerate digital transformation, address regulatory requirements such as European T+1 settlement compliance, and reduce operational risks inherent in manual processes like spreadsheets.
Genesis' client roster includes major global financial institutions such as Bank of America, BNY Mellon, Citi, ING, Marex, Neptune Networks, Octaura, and StoneX. The demand for Genesis' solutions is due to market-wide pressures to reduce risks emanating from spreadsheets and other manual processes.
At runtime, Genesis applications are AI-ready for the future, with controls embedded to govern interactions with digital assistants and AI agents. The platform allows clients to extend and customize solutions or build new ones, ensuring that AI remains predictable and compliant.
Harrison's role emphasizes leveraging AI-driven innovation alongside deep industry expertise to build compliant, scalable software solutions that meet evolving market and regulatory demands in the financial industry software space.
With the appointment of James Harrison as CEO, Genesis Global continues to deliver software and solutions for financial markets, empowering businesses to harness the power of AI in a compliant and robust manner.
References
- Genesis Global Press Release: James Harrison appointed as new CEO
- Financial IT: Genesis Global appoints James Harrison as new CEO
- Finextra: Genesis Global appoints James Harrison as new CEO
- The Trade News: Genesis Global appoints James Harrison as new CEO
- Business Wire: Genesis Global Appoints James Harrison as CEO
- The new CEO of Genesis Global, James Harrison, plans to utilize his extensive experience in finance and technology to further advance the company's mission of leading software innovation in financial markets.
- With its AI-native application development platform, Genesis Global empowers businesses to build compliant, customizable financial applications, ensuring strict adherence to regulatory requirements like T+1 settlement compliance in the European market.
