Finastra recently turned to a former Experian executive to be its new chief data officer.

Formed in 2017 by the combination of Misys and D+H, the cloud-based platform for open innovation designed to help global financial institutions as well as community banks and credit unions hired Lisa Fiondella to lead its comprehensive data strategy, including how data is collected through the platform and various cloud-based solutions.

Finastra said Fiondella also will be responsible for developing a data product roadmap and manage the process of bringing new data products to market.

“Data is an underused asset and a key source of competitive advantage,” Finastra chief product and technology officer Eli Rosner said in a news release. “We’re committed to unlocking that advantage for our clients and have made great strides in this area, including the recent launch of our Fusion Mortgagebot Data Insights solution.

“Under Lisa’s guidance, we will be able to identify new and exciting ways to leverage data to benefit our customers,” Rosner continued.

The company highlighted Fiondella brings with her an extensive background spanning data, analytics, financial services, product management, product development, marketing, sales and operations. She most recently served as vice president of analytic products for Experian, where she was responsible for developing analytic products harnessing vast data assets and advanced analytics, including machine learning and artificial intelligence.

“Access to high quality data and advanced analytics are essential to financial institutions, providing insight into customer profitability, channel preferences and overall financial needs,” Fiondella said.

“The breadth of Finastra’s solutions available via the cloud, as well as the firm’s ongoing cloud strategy means there is a wealth of data to be mined and utilize,” she continued. “I am excited to tap into this resource to create new solutions and identify new opportunities for our clients.”