# Orazio Pater

> Orazio Pater is the co-founder and former CEO of GTreasury, originally Gateway Systems. A former Honeywell cash manager and leader of National Data Corporation’s cash-management division, he co-founded the business with his wife, Peg Pater, in 1986. He moved from CEO to executive chairman in January 2019. The company subsequently became part of Ripple in a $1 billion acquisition completed in 2025.

- **Role:** Treasury software entrepreneur and former chief executive
- **Organizations:** GTreasury, Gateway Systems, National Data Corporation, Honeywell
- **Known for:** Helped develop an early automated treasury management system while working at Honeywell., Co-founded a treasury software business that moved from MS-DOS through Windows client-server systems to cloud delivery., Led GTreasury through the 2017 Mainsail investment and 2018 Visual Risk acquisition.

## Career timeline

- **1969-1974** — Worked in cash management at Honeywell; helped develop an early automated treasury management system.
- **1974-1984** — Led National Data Corporation’s cash-management division.
- **1986** — Co-founded Gateway Systems, later GTreasury, with his wife, Peg Pater.
- **2008** — Gateway Systems was rebranded as GTreasury.
- **2017** — As CEO, announced a $42 million growth investment from Mainsail Partners.
- **2018** — Led GTreasury during its acquisition and integration of Visual Risk.
- **2019** — Retired as CEO and became executive chairman; Renaat Ver Eecke succeeded him.

## Achievements

- Helped develop an early automated treasury management system while working at Honeywell.
- Co-founded a treasury software business that moved from MS-DOS through Windows client-server systems to cloud delivery.
- Led GTreasury through the 2017 Mainsail investment and 2018 Visual Risk acquisition.

## Latest updates

- **2025-10** — Company context: Ripple announced a $1 billion acquisition of GTreasury on October 16; this was a company transaction, not a disclosed personal payout to Pater.
- **2025-12** — Company context: Ripple confirmed that its GTreasury acquisition had closed.
- **2026-04** — Company context: Ripple Treasury launched Digital Asset Accounts and Unified Treasury.
- **2026-09** — Company context: Ripple announced expanded policy-governed GSmart AI capabilities at Ripple Treasury.

## Links

- LinkedIn: https://www.linkedin.com/in/orazio-pater-1b6678

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Profile page: https://yespress.io/orazio-pater
Published by YesPress — https://yespress.io
Last updated: 2026-10-24