Ex-Swift trade head André Casterman has joined Belgium-based fintech start-up INTIX as chief marketing officer.

“INTIX was formed by industry experts with a passion for financial messaging,” reads a statement on its website.

INTIX software enables the creation of a single window for all financial messaging data facilitating easy access, compliance reporting, monitoring, track and trace and business intelligence functionalities.

“I am delighted to welcome André to the team as we are expanding our product portfolio and accelerating global adoption,” says Marc Braet, CEO and co-founder of INTIX, also a former Swift employee. “Data compliance has become a top priority in the financial services industry and INTIX helps its clients benefit from powerful data management tools, thereby accelerating our clients’ readiness with regulatory demands in the context of financial messaging.”

The role is newly-created, and Casterman tells GTR that his plan was to move into the fintech space and find a start-up that has a collaborative mindset with the banks. “It’s about helping banks achieve their compliance and data management challenges. It’s also about agility: I’m a strong believer that banks require agile players, and this collaboration is something that I’m very keen to pursue.”

INTIX recently benefited from a €1mn funding round led by Pamica NV, the investment company of serial entrepreneur and co-founder of Clear2Pay, Michel Akkermans.
The company was founded in 2011: it is based in Mechelen, Belgium and operates internationally. It has customers in Africa, Asia, Europe, Russia and South America, which include financial institutions such as Argenta Spaarbank, KBC Bank, Russian Agriculture Bank, ISBank, ICG Guatemala, BPC Angola and also several corporates.
Casterman joined Swift back in 1991 as a systems analyst. For the last three years he held the position of managing director, global head of corporate and supply chain markets.

During the last few years he has notoriously backed the bank payment obligation (BPO) and since 2010 has held the position of chairman of the ICC’s BPO project, which aims to digitise trade and supply chain finance processes for banks and their corporate clients. He remains active as a member of the ICC banking commission’s executive committee.

In January he announced that he had become a board member of the corporate-driven Talent Show – Supply Chain Finance. As part of this initiative, he will provide input and support to the team behind the Talent Show and participate in building the programme and content.

He has also launched his own consultancy, which he has called Andre Casterman Advisory & Services.

Casterman started his new position at INTIX on February 1.