ComplyAdvantage, a London headquartered regtech firm recently revealed the appointment of a new executive to its senior-level leadership team via official press release.
As per the statement, the company has on-boarded former Chief Executive Officer of US-based forex trading giant OANDA to serve in the roles of Chief Operating Officer and Chief Financial Officer.
To those unfamiliar with the firm, ComplyAdvantage has been highly active in the compliance industry working to neutralize the risk of financial crimes by focusing on data science and machine learning and has gained a reputation as one of the leading players in regtech industry.
The incoming executive is a veteran with nearly two decades of experience and a proven track record of value acceleration in tech-enabled companies by focusing on growth strategy and operating model. Mr. Narasimha had been serving in OANDA for nearly six and a half years before taking his new role at the firm earlier this month.
Narasimha joined the forex giant back in September of 2013 in the role of Executive Vice President and also held the roles of Chief of operations & financial divisions. He became the president and Chief Executive Officer of the firm in January of 2017 and held the role for 27 months during which he led the firm into consecutive successful years with a 50% increase in revenue per annum.
He accomplished this achievement by putting in place a new executive team and implementing a new operational model that sees the firm oriented towards the satisfaction of client needs with services targeted at different client segments. Prior to OANDA, he held senior-level roles in Cipher Trace and Boston Consulting Group where he served in roles of Advisory Board Member and Principal respectively.
In the early phase of his career, he served as Business Development Manager in Corning Incorporated and Summer Consultant at Mercer Management Consulting.
Commenting on his new role at the firm, Mr. Narasimha said, “ComplyAdvantage has a strong customer-centric vision and has demonstrated its impact across financial institutions and fintech clients. The team at ComplyAdvantage have done a fantastic job broadening their global footprint by offering a range of innovative compliance solutions. I’m excited to join the company at this pivotal time of growth as we work to become the industry standard for accurate, real-time AML data and technology that all financial institutions and corporates need”.
Speaking on the same note, Mr. Charles Delingpole – Founder and CEO of ComplyAdvantage added, “I’m excited to have Vatsa partner with me to usher in the next phase of growth for ComplyAdvantage. Vatsa is a well-respected fintech executive who was instrumental in OANDA’s success story. I look forward to what we will accomplish together as we grow our next-generation anti-money laundering technology platform across new markets”.