RegTech Insight People
AxiomSL Establishes Business Operations Centre in Ireland
Regulatory reporting and risk management solutions provider AxiomSL is opening a new business operations centre in the National Technology Park in Limerick, Ireland, with plans to create up to 100 jobs over the next five years. The centre will initially house technical support and product management for AxiomSL’s RegCloud offering, and is supported by the Irish Government through IDA Ireland – the agency responsible for the attraction and retention of inward foreign direct investment into Ireland.
Giles Nelson Departs MarkLogic
Giles Nelson, former Chief Technology and Strategy Officer, Financial Services at MarkLogic, has departed the firm as of December 2019. A-Team Group understands that MarkLogic will not be replacing him in the position. Nelson, who has not yet indicated his next move, joined the firm in August 2018. He previously held the role of Senior Vice President of Product Strategy and Marketing at Software AG, prior to which he was Vice President of Products at Progress Software.
New CEO For ACA Compliance Group
Global GRC specialist ACA Compliance Group has appointed Shvetank Shah as CEO, effective from today. Shah joins the firm from Gartner, where he spent 17 years, most recently as Senior Vice President of its Technology & Service Provider practice. Shvetank will be based in ACA’s Silver Spring, MD office, and will oversee all global operations and the corporate growth strategy. The previous Group CEO of ACA Compliance was its founder, Robert Stype, who oversaw the firm’s acquisition of Cordium last year and subsequently moved to the position of Executive Chairman in June 2019.
Oliver White Departs Fenergo for Enveil
After almost six years with Fenergo as UK Head of Sales, Oliver White has moved over to take up the position of EMEA Head of Sales with data security specialist Enveil, pioneer of protecting Data in Use. Before joining Fenergo in 2014, White spent eight years with Avox as UK Head of Sales, and was formerly Senior Account Manager with Alacra.
Refinitiv Hires Andrea Remyn Stone as Chief Customer Proposition Officer
Financial markets data and infrastructure giant Refinitiv has appointed Andrea Remyn Stone as Chief Customer Proposition Officer and member of the Executive Leadership team, reporting to CEO David Craig. Joining from Dealogic, where she was the Chief Strategy Officer, she will focus on working with customers to develop innovative solutions in open platform technology collaboration across the Refinitiv portfolio, including the Refinitiv Data Platform and associated products. Prior to Dealogic, Andrea spent five years at Bloomberg as Global Head of Strategy and Corporate Development, and before that was McGraw-Hill’s Managing Director of Standard and Poor’s Investment Research and Advisory Services. ““I am excited to be joining Refinitiv at such a crucial time for data-services and evolution of financial market infrastructure,” she says.
NYDFS Seeks New RegTech Director for Supervisory Push
The New York Department of Financial Services (NYDFS), which regulates finance and cryptocurrency activities in New York State, is seeking a Director within its Research and Innovation Division to design, build, and manage a program to facilitate the testing of RegTech solutions to improve its supervision of regulated entities. The regulator is taking inspiration from efforts by other regulators, including the Bank of England, which the NYDFS specifically references for its initiative to enlist technology companies in the rapid testing of promising solutions.
Pirum Expands SFTR Team as April Deadline Approaches
Automated reconciliations provider Pirum Systems has bolstered its SFTR team with the hire of of industry experts Glenn Baldwin, Payal Lakhani, James Cosh, and Pradeep Rana. Baldwin joins from JP Morgan with 15 years of securities finance expertise. Lakhani was formerly with Citi, while Cosh spent 20 years in roles at Deutsche Bank, Nomura, Lehman Brothers and Saxo Bank. Rana spent seven years at JP Morgan as a PB Client Service Manager. Pirum’s joint SFTR solution in partnership with IHS Markit has over 60 clients already mandated, with a further 20 expected to give the green light this month.
Indigita Appoints Achille Deodato as CEO
Swiss regtech firm Indigita has announced Achille Deodato as its new CEO. Leading teams based in Geneva, Zurich and Lisbon, Deodato will be responsible for the future development of the firm’s digital cross-border compliance solutions. He joins Indigita from a Zurich-based electronic identity solution provider, where he held the role of chief operating officer. He was formerly senior project manager at a consulting company, and chief commercial officer in a Geneva-based bank. Indigita is owned by swiss regulatory risk management firm BRP Bizzozero & Partners.
FRM22 Hires Steve Sparke As Non-Exec Director
Software tech firm KRM22 today announced the appointment of Steve Sparke as a Non-Executive Director of the Company. He will replace Matt Reed, Independent Non-Executive Director, who is stepping down to focus on other business commitments. Steve was recently COO of Marex Spectron where he was responsible for the firm’s operating environment. During his time at Marex, he transformed the firm’s operating model to become Europe’s largest independent commodity broker. Sparke is currently non-executive Chairman of FIA European Advisory Board and has held board positions at FIA Washington and NYSE Euronext LIFFE (now ICE Europe).
AxiomSL Appoints Claudia Thurner As EMEA General Manager
AxiomSL, a provider of regulatory reporting and risk management solutions, has announced the appointment of Claudia Thurner as EMEA General Manager. Thurner joins from SmartStream, Technologies where she led European and Latin American Sales and Global Strategic Accounts. Previously, she was at Thomson Reuters based in Europe, Asia, and the US where she specialised in risk management business and product development. Ed Royan, previously General Manager for EMEA, has moved to a new position as Head of Global Products.