Experienced executive, who has advised some of Silicon Valley’s best-known high-tech companies, joins Nomis’ senior executive leadership team to oversee the company’s global legal affairs.
SAN FRANCISCO (April 17, 2018) Nomis Solutions, an innovator of fintech software that helps retail banks deliver win-win customer engagement through price optimization, customer-centric offers, and omni-channel sales enablement, has appointed Douglas Luftman as its vice president, general counsel and secretary. Mr. Luftman brings a broad spectrum of corporate legal experience in both established and emerging growth companies. He will report to Nomis President and CEO Frank Rohde out of the company’s Silicon Valley headquarters.
Mr. Luftman has worked for some of Silicon Valley’s innovation powerhouses. Most recently, he was general counsel at Lecorpio, a SaaS startup that provided Fortune 500 companies with an advanced workflow management and data analytics platform, through to its acquisition in 2017. Prior to Lecorpio, Mr. Luftman’s two-decade senior leadership legal career included working at NetApp Inc., Palm Inc., and Intel Corp. Prior to working in-house, Mr. Luftman was an attorney at Fenwick & West LLP, a Silicon Valley law firm.
“What attracted me to Nomis Solutions is the stellar management team and its vision for applying innovative advanced analytics to modernize retail banks’ operations to the benefit of both the financial institutions and their customers,” said Doug Luftman, vice president, general counsel and secretary of Nomis Solutions. “Innovation supported by strong intellectual property are the engines that are driving the growth of many successful fintech companies. I see Nomis possessing such qualities, and these competitive advantages will continue to accelerate its business.”
Frank Rohde, president and CEO of Nomis Solutions, views Mr. Luftman’s deep experience with innovative tech companies as essential assets for the company as it continues to broaden its customer base. “I am thrilled to have Doug on board. His experience in both consumer-facing as well as enterprise-technology companies will be invaluable as we manage the legal framework around data protection and privacy, intellectual property protection, and contracting with the world’s largest financial institutions.”
About Nomis Solutions
Nomis helps retail banks deliver win-win customer engagement through price optimization, customer-centric offers, and omni-channel sales enablement. More than 10,000 bankers worldwide leverage Nomis’ cutting-edge Silicon Valley approach to big data, advanced modeling, and deep analytics to understand and anticipate the demands of their customers, competitor actions, and dynamic market conditions. With experience in over 80 implementations, Nomis has a proven track record of increasing customer and stockholder value, returning more than $300 million to its partner banks every year. Banks currently use Nomis technology to manage more than 270 million accounts and optimize over $1 trillion in banking transactions annually.