EDISON, N.J.--(BUSINESS WIRE)--FAST, a leading provider of componentized software for the life and annuity industry, announced today the appointment of Amit Patel as Senior Vice President of Product Development. Amit has over 19 years of engineering and product leadership at multiple high-growth software companies.
Most recently, Amit was the CTO of Moneyworks, where he led the development team in designing, building, and launching their product from the ground up. Prior to that, he was the VP of Product Management at CashEdge, a SaaS-based software company with four product lines deployed for hundreds of banks throughout the US. Amit has both a Bachelor’s and Master’s in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology.
Tom Famularo, CEO of FAST, said, “We are excited to have Amit on-board. His knowledge and experience with product development at high-growth SaaS software companies will help us take FAST to the next level.”
“I’m excited to be joining FAST,” said Amit. “They’ve built an amazing product that is transforming the insurance industry.”
FAST, which stands for "Flexible Architecture, Simplified Technology," is a privately-held company located in Edison, NJ founded by the former leaders of NaviSys. FAST focuses on solving the challenges our financial services and insurance clients face as they seek to modernize their systems environments or completely replace legacy systems.