Steve Schick, former AWS executive, appointed Head of new business unit
NEW YORK, NY – June 17, 2025 – Ninth Wave, a leading provider of Open Finance connectivity solutions, today announced the launch of Ninth Wave Managed Services, a new division focused on helping financial institutions deploy open and embedded finance capabilities such as ERP integrations, embedded payments, and wealth data connectivity – in under 90 days.
As banks adopt cloud-native, API-first platforms, they encounter operational challenges related to security protocols, regulatory compliance, and consumer consent frameworks. Ninth Wave Managed Services addresses these issues with extensive industry expertise and hands-on implementation support.
Steve Schick joins Ninth Wave as the Head of Managed Services, bringing extensive experience in financial services cloud technology from his time at Amazon Web Services (AWS), where he was the company’s first enterprise-level hire focused exclusively on financial services. In that position, he led North American go-to-market initiatives and addressed early industry concerns regarding cloud security for regulated institutions.
“As the industry embraces modern, API-first infrastructure, the biggest hurdles are often operational, not technological,” said George Anderson, Ninth Wave’s Founder. “Steve brings the experience and mindset needed to help clients execute faster, with less risk and more impact.”
The new division will adhere to Ninth Wave’s Plan, Build, and Operate methodology, which integrates technical execution with compliance and regulatory alignment, as well as user adoption strategies. The emphasis will be on accelerating customer onboarding and providing high-impact capabilities such as:
- Secure, API-first connectivity across ERP platforms like NetSuite, Sage, and Microsoft Dynamics
- Real-time payments utilizing entitlement-driven workflows and automating manual processes.
- Enhanced wealth data connectivity, particularly for high-net-worth households
- Co-branded API portals, marketing materials, and adoption initiatives that establish banks as integration-ready partners
“I’m excited to join Ninth Wave and contribute to its mission of simplifying open and embedded finance for financial institutions and their account holders,” said Schick. “I look forward to building on the platform’s proven capabilities to deliver meaningful results for our clients.”
About Ninth Wave
Ninth Wave is the leading provider of secure data connectivity between financial institutions and third-party applications, including aggregators, fintechs, accounting solutions, tax preparation software, and other consumer and business solutions. The company’s platform powers direct connections for over 2,000 institutions and 120 million accounts, with seven of the top 10 U.S. banks and eight of the top 10 U.S. wealth managers as its current clients.
Ninth Wave was founded in 2018, is privately held and headquartered in New York. For more information visit ninth-wave.com.
Media Contact:
Claudia Martinez
