Risk Management

Accuity, a provider of financial crime compliance, payments and know-your-customer (KYC) solutions, has signed a new partnership agreement with Union Systems Limited, an information-technology company supporting advanced software for banks and financial institutions in Nigeria, Ghana, and Kenya. The new partnership will help banks based in Nigeria expand the scope and depth of their payment transaction screening and improve their customer on-boarding processes.

Bryn Mawr Bank Corporation, a financial services company, has appointed Patrick Killeen as chief risk officer and senior vice president of BMT’s risk management division, effective as of June 5.

The Hartford, a financial services company, has named Robert Paiano chief risk officer to lead the company’s enterprise risk management operations, effective July 1.

Peruvian engineering and construction company Graña y Montero has appointed a new chief risk and compliance officer amid a bribery probe. Puma, Admiral Markets, and Triad Advisors also all have new compliance officers. Check out the CW Grapevine for the latest personnel moves.

Retail investment advisory firm and independent broker-dealer LPL Financial, a wholly owned subsidiary of LPL Financial Holdings, has announced that Michelle Oroschakoff, current managing director and chief risk officer, will expand her responsibilities to include oversight of the firm’s legal and government relations functions as chief legal and risk officer, effective June 9.

Triad Advisors, an independent broker-dealer, has appointed Bernie Breton as chief compliance officer.

Admiral Markets UK has appointed Simon Roberts as the its new general manager, and Stephen Ayme has been added to the management board team and will be leading the compliance department.

Sports company PUMA has appointed Raliza Koleva as chief compliance officer with immediate effect.

QuantaVerse recently announced the launch of CCO Checkup, a free service financial institutions can use to test the effectiveness of their AML programs, empowered by  QuantaVerse’s AI solution that analyzes transaction data to detect “false negatives” or anomalous behaviors that may have been missed by an institution’s existing transaction monitoring system.

Actiance announced a global partnership with Hootsuite. The companies will integrate their products to enable social marketing, archiving, and compliance solutions for financial services companies to assist in keeping all social communication compliant with mandates set by regulatory bodies.