Kaizen RegTech Group Refines Leadership Roles to Support Continued Growth

Kaizen RegTech Group has adjusted leadership responsibilities within its existing structure as the business scales across regulatory reporting and related services. Dario Crispini remains Group Chief Executive Officer, retaining responsibility for overall strategy and growth, while continuing to lead regulatory reporting product development and innovation and staying closely engaged with clients and market initiatives.

As part of the changes, Michael Leach has been appointed Chief Executive Officer of Kaizen Reporting, the group’s core regulatory reporting business. The shift reflects a clearer separation between group-level strategy and the day-to-day leadership of the reporting business as it enters its next phase of development. Crispini described the rationale for the change, stating: “As Kaizen continues to grow, it’s important that we align leadership focus with how the business is evolving. This change allows me to spend more time on group strategy, innovation and client relationships, while Mike leads Kaizen Reporting through its next phase of growth. Mike has been a key part of shaping our commercial direction, and I know the business is in great hands.”

Kaizen Reporting was founded in 2013 and initially focused on automated quality assurance for regulatory reporting. Since then, it has expanded its product set and client base significantly, with adoption across a broad range of financial institutions. Leach joined the firm as Chief Revenue Officer in June 2025, following senior roles at London Stock Exchange Group, where he was involved in the development of UnaVista, now LSEG Regulatory Reporting Solutions.

Commenting on his new role, Leach said: “Kaizen Reporting has an incredibly strong foundation, a clear strategy, and a talented team. I’m excited to lead the business, support our clients, and drive the next phase of growth through continued investment in technology, innovation, and delivery excellence.” The leadership update follows a series of senior appointments, including James Crow as Chief Technology Officer and the addition of Chris Childs and Tim Keady as strategic advisors, underscoring the group’s continued emphasis on technology, execution, and client delivery.

ThetaRay Names Brad Levy CEO as AI Becomes Core to Financial Crime Compliance

ThetaRay has appointed Brad Levy as Chief Executive Officer, marking a leadership transition as the firm moves into its next phase of growth in AI-driven financial crime compliance. Levy joins from Symphony, where he led one of the financial sector’s most widely adopted market infrastructure platforms, and brings long-standing experience in scaling mission-critical technology across global financial institutions.

The appointment comes as banks and FinTechs increasingly reassess their transaction monitoring and due-diligence architectures in response to rising volumes, cross-border complexity, and more sophisticated financial crime typologies. ThetaRay has positioned its Cognitive AI platform as a response to these pressures, focusing on anomaly detection and behavioural analysis across complex transaction flows.

Levy’s background spans multiple generations of financial market infrastructure. Most recently, he served as CEO of Symphony, the secure collaboration platform established by a consortium of global banks and used by hundreds of thousands of financial professionals worldwide. Before that, he held senior leadership roles at IHS Markit, including CEO of MarkitSERV, and spent 18 years at Goldman Sachs, ultimately as Managing Director and Global Head of the Principal Strategic Investments Group.

Reflecting on the industry context behind the move, Levy said:

“The industry is reaching a tipping point, where AI is no longer optional but foundational. My focus is on scaling this platform globally, deepening our partnerships with financial institutions, and embedding compliance as a strategic capability that drives sustainable growth.”

Levy succeeds Peter Reynolds, who has led ThetaRay since June 2023. During that period, the company expanded its enterprise customer base and broadened its product coverage across transaction monitoring and transaction due diligence. Reynolds is stepping down for family reasons and will remain involved in an advisory capacity during a defined transition period.

From a governance and execution perspective, the board views the transition as aligned with ThetaRay’s current stage of development. Chairman Erel Margalit described the shift as one of emphasis rather than direction, noting that the company has reached a point where scale and operational execution are increasingly central. As Margalit put it:

“We have reached a moment where scale, execution, and global impact matter more than ever.”

ThetaRay is backed by a group of global investors including JVP and Portage, reflecting continued investor interest in applied AI platforms focused on regulated financial services use cases. As regulatory scrutiny of transaction monitoring effectiveness and explainability continues to intensify across jurisdictions, the company’s next phase under Levy is expected to focus on broader deployment, deeper institutional integration, and operational resilience at scale.

Innovative Systems Appoints Regional Heads to Scale its Global Partner Ecosystem

Innovative Systems is expanding how it works with partners as part of its next phase of growth, appointing two regional leaders to coordinate and develop its partner ecosystem across the Americas and EMEA.

The company’s partner strategy now centres on tighter collaboration with data providers, orchestration platforms, systems integrators, core technology platforms embedded within FinScan solutions, and strategic partners involved in joint go-to-market and cross-sell initiatives. This shift reflects an emphasis on using partnerships to extend capability and delivery rather than treating them as standalone channels.

As Chief Operating Officer Deborah Overdeput explains, “A strong, well-coordinated partner network is a critical pillar of our growth strategy.” She adds that partners help the company “extend our reach, strengthen our value proposition, accelerate time to market, and enable us to deliver more value to clients together.”

To lead this effort in the Americas, Craig Lippmann has joined as Head of Partnerships. He brings more than 20 years of experience building partner ecosystems across SaaS, fintech, and compliance markets. His background includes alliance and go-to-market leadership roles at Computer Services, Inc. (CSI), Alessa, and Thomson Reuters, where he focused on designing scalable partner programs and integrating them into broader growth strategies.

In EMEA, Steve Emecz has been appointed Head of Partnerships, working in a hybrid capacity from the company’s London office. His experience spans partner and alliance leadership across fintech and technology, with prior roles at Tungsten Automation and Xerox. His work has centred on aligning platform providers, integrators, and technology partners around shared commercial and delivery goals.

Lippmann and Emecz will work closely with sales, product, marketing, and operations teams to embed partner activity into the company’s core go-to-market approach. Their remit includes aligning partner initiatives with customer outcomes and long-term business objectives, rather than treating partnerships as parallel efforts.

Looking ahead, Overdeput said the company views this leadership structure as foundational: “We are excited about the leadership, structure, and momentum Craig and Steve will bring to our partner strategy.” She added, “As we continue to scale globally, our partners will remain essential to how we innovate, deliver, and win in the market.”

GRI Names New Chair of Standards Board

The Global Reporting Initiative has appointed Susanne Stormer as chair of the Global Sustainability Standards Board to oversee the setting of GRI Standards. , GRI provides sustainability reporting standards for companies.
Stormer previously served as a Partner at PwC Denmark for four years and as Vice President of Corporate Sustainability at Novo Nordisk for 13 years.

The three-year term begins on April 1 when she will begin leading the 15-member voluntary body responsible for the technical development of global reporting requirements.

Stormer said her focus is to promote consistent and comparable data for management reporting and transparency regarding environmental, social, and economic impacts.

ClearToken Appoints Kristi Tange as Group Chief Risk Officer and Clare Weaver as Chief Legal Officer

ClearToken has announced two significant appointments to its Senior Leadership Team to strengthen its risk and legal functions. Kristi Tange has been named Group Chief Risk Officer, where she will oversee governance, risk, compliance, and regulatory relations. Tange brings nearly 30 years of experience from Goldman Sachs, having worked across the US, UK, and Japan. Her background includes serving as Global Head of Operational Risk and Resilience, where she led strategic improvements to UK resilience programmes, as well as holding senior roles in recovery planning and enterprise risk.

Clare Weaver has been appointed Chief Legal Officer, having previously served as ClearToken’s Head of Legal & Regulatory and Company Secretary since the firm’s inception in 2023. Weaver will now lead the Group’s legal affairs and provide strategic advisory support to the CEO and Boards. With over 20 years of experience in corporate, commercial, and fintech law, she previously established the legal function for the Nomura Digital Office and served as the founding interim Chief Legal Officer of Laser Digital.

Rimes Names New Executive to Helm Commercial Development

Rimes has appointed Kieran Kennedy as Chief Revenue Officer to oversee commercial evolution at enterprise data management and investment intelligence provider.

Kennedy previously served as Global Vice President of Data Cloud Product Partnerships at Snowflake and spent 30 years at FactSet in roles across global sales, product development and strategic partnerships.

The position involves managing client requirements for governed data across artificial intelligence models and cloud ecosystems within the Rimes team.

Kennedy said that he provides the data intelligence expertise needed to deliver transformation at scale as firms shift toward activating intelligence.

“Rimes is at the centre of one of the industry’s most important transformations, as firms shift from merely managing data to activating intelligence,” Kennedy said. “As clients navigate unprecedented complexity across diverse data sources, AI models and cloud ecosystems, they need trusted, governed, interoperable data to deploy AI safely and effectively.”

Sustainability Software Firm Diginex Appoints Deputy Chair to Lead Governance, Mergers

Lorenzo Romano has been named Deputy Chair of sustainability software provider Diginex Limited to oversee corporate governance and mergers.

Romano previously worked at EFG Bank as head of private banking for Geneva and spent several years at Syz Group in senior leadership roles.

Based in the expanded leadership team, he will report to the board and manage strategic planning and the acquisition agenda.

Romano stated that he provides experience in leading international teams through growth phases and advising on governance structures and transactions.

“Lorenzo’s strategic insight and operational acumen have already proven invaluable, and his appointment as Deputy Chairman reflects our commitment to robust leadership as we accelerate growth and deliver greater value to stakeholders,” said Miles Pelham, Chairman and Founder of Diginex. “Diginex is strategically poised to lead in the booming sustainability RegTech sector, where innovative tools are essential for navigating increasingly stringent global regulations.”

BMLL Appoints Karen King as Head of Sales (APAC)

BMLL has appointed Karen King as Head of Sales (APAC), based in Hong Kong. King will be responsible for expanding the company’s client base and implementing growth strategies across the Asia Pacific region. She brings over two decades of experience in financial services and data solutions, having previously served as Managing Director at S&P Global Market Intelligence and working in Prime Brokerage at Goldman Sachs.

The appointment aligns with BMLL’s recent acquisition by Nordic Capital and a period of significant data coverage expansion. Over the last 14 months, the company has added data from major exchanges including Shanghai, Bombay, NSE India, Korea, and New Zealand. This expansion enables market participants to compare venues globally and analyse full order book data to assess market quality and liquidity provider performance.

SOLVE Promotes Sourav Srimal to Chief Growth Officer

SOLVE, a provider of pre-trade data and predictive pricing for fixed income markets, has promoted Sourav Srimal to the newly created position of Chief Growth Officer (CGO). In this executive role, Srimal is tasked with guiding the company’s strategic product roadmap and overseeing both organic and inorganic growth initiatives. He will also focus on expanding the firm’s network of integration partners while continuing to provide high-level direction for SOLVE’s private credit offerings to meet demand from asset managers and institutional investors.

Srimal previously served as Senior Vice President of Private Credit Solutions, having joined SOLVE following the 2022 acquisition of Advantage Data. During his tenure, he played a key role in integrating acquired platforms, including Advantage Data and Best Credit Data, and helped establish the company’s global operations in the Philippines. His specific expertise encompasses credit data management and product development, having previously architected analytics capabilities for bank loans and private credit.

SimCorp Appoints Iyan Adewuya as Chief Product Officer

SimCorp has appointed Iyan Adewuya to the newly created position of Chief Product Officer (CPO). Based in New York, Adewuya will report directly to Marc Schröter, the Chief Product and Technology Officer. He brings over 20 years of experience in product strategy and innovation to the company, with a career that covers both public and private markets.

Most recently, Adewuya served as Head of Product for Enterprise and Private Markets Solutions at S&P Global Market Intelligence. There, he managed product strategy across lending, regulatory compliance, capital markets, and enterprise data management solutions. Previously, he held the role of Head of Product for Aladdin Portfolio Management and Compliance at BlackRock, where he led strategic initiatives for private markets, following a 12-year tenure in research and product leadership at Bloomberg.