Financial Crime Prevention Veterans Join Arachnys Advisory Board

Financial Crime Prevention Veterans Join Arachnys Advisory Board
31.07.2018 09:37 am

Financial Crime Prevention Veterans Join Arachnys Advisory Board

Risk Management , People Moves

Nigel Broda, Lynne Federman, Wendy Conway Schmidt and M. Babar Shameem, lend their expertise to advance Arachnys’ Strategic Mission

Arachnys, the leader in Customer Risk Intelligence solutions for Know Your Customer (KYC), Anti Money Laundering (AML) and Due Diligence (DD), is pleased to announce that four industry luminaries become an active part of company’s growth strategy.

The advisory board members were selected for their strategic risk and compliance experience serving leading financial institutions. These experts deliver expertise and insights about customers’ requirements and Arachnys’ KYC, AML and enhanced due diligence (EDD) solutions. They support the Arachnys leadership team as they guide the business through the next phase of its growth.

“I’m delighted to welcome such renowned and experienced senior advisors to Arachnys and am confident their insights will deliver significant enhancements to the company’s growth strategy,” said Ed Sander, Arachnys’ President. “We are excited to leverage each of their skill sets and knowledge to help grow the Arachnys brand, support our market expansion and enrich our product strategy.”

Nigel Broda served as a member of the NICE Actimize leadership team as its VP Sales, EMEA & Asia-Pacific during a period of explosive growth and brings over 25 years of experience leading multiple product and sales teams.

Lynne Federman, former Global Head of AML Compliance for State Street Bank has  over 30 years’ experience supervising all aspects of AML, anti-terrorist financing and sanctions compliance programs at some of the world’s largest financial institutions.

Wendy Conway Schmidt, a former litigator, was the global leader of the Business Intelligence Services practice at Deloitte Advisory until her retirement in 2017.  She has over 25 years of experience in developing background information and intelligence for commercial and government clients in the context of due diligence, fraud investigations and litigation support.

M. Babar Shameem’s expertise is in designing and deploying anti money-laundering strategies. He was formerly the Global Head of AML, Know Your Customer, Sanctions Screening and Anti-Bribery & Corruption technology at Citigroup and is currently Managing Partner at Sanctions Advisory, LLC.

Related News

UBS La Maison de Gestion Selects Axioma’s Multi-Asset Class Risk System

Axioma, a leading provider of enterprise risk and portfolio management solutions has announced that the French investment manager boutique UBS La Maison de Gestion will deploy... Read more »

Swanest launches Risk & Return Scanner for financial media

Swanest, a robo-adviser that... Read more »

NEW DTCC RISK SURVEY REVEALS GROWING CONCERNS OVER BREXIT’S SYSTEMIC IMPLICATIONS

The slower than expected negotiating progress between the United Kingdom and the European Union and the ongoing uncertainty of the outcome has positioned Brexit as a top... Read more »

Equiniti Riskfactor wins US client Eagle Business Credit

Equiniti Group plc, the FTSE-listed share services and fintech business, is delighted to announce that its risk management business, Equiniti Riskfactor, has... Read more »

Mizuho Bank London Implements Orchestrade to Enhance Risk Management

Orchestrade, a leading provider of trading, risk and operations solutions for capital markets, announced today that Mizuho Bank London has gone live on the Orchestrade system... Read more »

MUFG Europe Selects Wolters Kluwer for Regulatory Reporting and Risk Software in Germany and The Netherlands

MUFG Europe, the European subsidiary of Japan’s Mitsubishi UFJ Group, has chosen Wolters Kluwer’s OneSumX software to manage a number of regulatory and risk reporting... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App