Prime brokerage solution provider, CFH Clearing has promoted Julia Free to head its newly restructured compliance unit which will see the merging of legal, compliance and onboarding into a single department in future.
Julia had joined CFH Clearing in 2014 and has worked in a variety of functions including onboarding/compliance manager.
The acquisition of Playtech two year ago in a $120 million transaction has transformed CFH into a bigger organisation, resulting in increased compliance functions. Ms Free’s experience in compliance and regulatory functions, as well as knowledge of the group’s business, has made her perfect fit for the role. Her responsibilities now include money laundering reporting officer (MLRO) after she has recently gained a CF11 accreditation with the FCA.
Matthew Maloney, CEO of CFH Clearing, speaking on the promotion:
“We are delighted to welcome Julia to the CFH Board. Her appointment in this newly created role highlights the priority we give to ensuring our legal and compliance obligations are at the forefront of all decisions we make for the organisation.
Julia has an in-depth understanding about our business as well as the increasingly complex legal requirements we need to adhere to as an FCA regulated firm with a global client base. She will be an asset to our Board and thoroughly deserves her promotion.”
Julia Free also commented on her promotion:
“I am very excited about playing a more significant role in driving CFH forward. I am fully dedicated to overseeing the firm’s legal, compliance and onboarding function and to running it as a centre of excellence, helping CFH Clearing to achieve its global growth ambitions.”
CFH Clearing is part of Playtech’s financials division, TradeTech Group. The globally renowned firm helps institutional clients with their complete liquidity and technology requirements, with access to a choice of platforms and a range of technology including risk management and reporting tools. CFH Clearing has over 600 institutional clients in more than 80 countries and is authorised and regulated by the Financial Conduct Authority (FCA).