RegTech Insight People
Ascent RegTech Hires New CEO
Ascent RegTech on April 15 announced the hiring of Arbela Takhsh as Chief Operating Officer. Arbela has held various engineering and operational leadership roles at Motorola, Google, Comcast, and most recently as Senior Vice President of Operations Excellence, Quality, and Data Analytics & Business Intelligence at Gogo. The Ascent team has grown rapidly since the company’s inception in 2015, and following a successful $6 million Series A round in 2018. Within the past year, the team has grown to over 35 full-time employees, and clients/relationships now include ING, Commonwealth Bank of Australia, Wells Fargo Accelerator and others.
DTCC Adds Three New Members to Board of Directors
The Depository Trust & Clearing Corporation (DTCC), a provider of post-trade infrastructure for the global financial services industry, on April 9, 2019 announced the election of three new members to DTCC’s Board of Directors during the firm’s Annual Shareholders Meeting. The new directors are Kieran Hanrahan from JP Morgan Chase’s Corporate and Investment Bank, Graeme McEvoy from Morgan Stanley, and Joseph Noto from Barclays.
Alex Ceponkus Joins Exiger
Global regulatory and financial crime, risk and compliance company Exiger has named Alex Ceponkus as Senior Vice President and Global Head of Software Engineering of Exiger Tech, based in Toronto. Ceponkus’ new role will be to drive innovation, scale and delivery of Exiger’s technology solutions and increase the reach of its product suite (including its AI-powered RegTech solutions, DDIQ and Insight 3PM). Ceponkus brings with him two decades of experience in software engineering, and is known for scaling international engineering organizations during periods of rapid growth. He was formerly Senior Manager at Blackberry and prior to that, Engineering Leader for BBM via Canada’s CMW Social Networking.
SmartStream Technologies Forms New Team
Transaction Lifecycle Management solutions provider SmartStream this week announced a new strategic focus in line with the new FSA (now PRA) rules governing liquidity management for UK and foreign branches. In response to the new regulations, SmartStream has appointed Nadeem Shamim to lead cash and liquidity management solutions globally. Prior to SmartStream, Shamim was Managing Director responsible for corporate treasury solutions at Standard Chartered Bank. Previous to this he was at JP Morgan as Head of Financial Institutions Group EMEA, Treasury Services, focusing on regulations and cash management. Shamim will report into Vincent Kilcoyne, Head of Product Management at SmartStream.
RIMES Appoints Andrew Barnett as New Global Head of Product Strategy
RIMES Technologies, a provider of managed data and RegTech services for the financial sector, has appointed Andrew Barnett as its Global Head of Product Strategy. Barnett will bring to bear his extensive experience in both the end-user and vendor sides of the market to help RIMES continue its growth trajectory. Barnett has previously held a range of product, sales and data roles for companies including Charles River Development, Aviva/Friends Life Investments and IHS Markit/Cadis. Andrew joins RIMES from Legal & General Investment Management, where he held the position of Chief Data Officer.
Dash Names Venu Palaparthi as Chief Compliance Officer
US-based Dash Financial Technologies, which provides multi-asset trading technology and execution services platforms, has appointed Venu Palaparthi as its new Chief Compliance officer. Palaparthi has held senior roles at several major firms including Tagomi, Virtu, Nasdaq and Instinet. He is the latest senior hire for Dash over the last 12 months, including last June’s hiring of Glenn Lesko – former Bloomberg Tradebook CEO and Instinet Asia CEO – as Chief Growth Officer. Dash now trades close to 15% of the US options market and is growing its equities business.
Fenergo Hires James Follette as Global Head of Commercial and Retail Banking
Following its recent expansion into the commercial and retail baning space, client lifecycle management solutions provider has appointed James Follette as its new Global Head of Commercial and Retail Banking. Follette was formerly responsible for client onboarding and know your customer (KYC) transformation at Citi.
Control Risks Makes Strategic Compliance Hire
Specialist risk consulting firm Control Risks has appointed John Lash as Principal in its Compliance, Forensics and Intelligence practice. Lash will be based in Washington DC and is an expert on cross-border M&A. His hire will assist Control Risks to manage global trade compliance capabilities at a time when its clients are facing evolving and increasing regulatory requirements and enforcement scrutiny, especially in relation to requirements under the Committee on Foreign Investment in the United States (CFIUS) and new responsibilities under the Foreign Investment Risk Review Modernization Act (FIRRMA) introduced in late 2018.
BNP Paribas Seeks RegTech Lead
BNP Paribas is advertising for a RegTech consultant, based in Paris, to support its Corporate and Institutional Banking (CIB) division in all projects relating to the digital transformation of their activities, with a focus on the needs of the trading desks. The hire will join the CIB Consulting RegTech Team, which is developing to support the structural changes and transforming projects of CIB.
NuBox Hires New CTO
Pablo Vittori has joined NuBox, the biggest provider of small business financial software-as-a-service (SaaS) in Latin America. Vittori will spearhead the firm’s next expansion phase, focusing on big data, artificial intelligence and machine learning. Before joining NUBOX, Pablo worked as a CTO On Demand, helping companies around Latin America reshape their digital teams, implement processes to improve digital literacy and become more agile. In this capacity, Pablo served several leading Latin American technology companies, including Inclusion.cloud, Making Sense, URG Urgencias Medicas, Grupo OSDE, The Colony and COR Technologies.