FORT LAUDERDALE, Fla. – August 25, 2020 Velocity Solutions announces that John Pechacek has joined the company as Chief Technology Officer.  Most recently, John led the software development team for PayScale, Inc., a market leader in compensation software, used by over 8,000 employers ranging from small businesses to Fortune 500 companies.

Prior to his role at PayScale, John spent over 11 years in R&D and software development at SAS Institute, a leader in business analytics software and services. In 2014, John formed a team to bring a new solution to market in the bank stress testing (financial risk) space. In 2015, SAS Risk and Finance Workbench was recognized as a Chartis RiskTech Quadrant Leader.

“We are very pleased to have John on our leadership team,” said Christopher Leonard, CEO of Velocity Solutions. “Velocity continues to enjoy significant growth, and we’re excited about the company’s prospects. John comes to us with many years of hands-on development experience and management background, and we’re confident that his guidance as a technology leader will help us continue to develop an industry-leading product roadmap, expand our digital capabilities and exceed our clients’ expectations.”

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About Velocity Solutions, LLC

Founded in 1995 and servicing the transaction accounts of over 30 million consumers and business owners, Velocity Solutions is the leading provider of revenue-driving solutions for community banks and credit unions.  Our Velocity Intelligent Platform™ powers all of Velocity’s solutions, using machine-led intelligence that delivers powerful analytics and drives revenue, deposits and loans to our client financial institutions.