Matrix-Exzac, a global provider of financial crime prevention and compliance solutions and services announces the formation of a new subsidiary, Exzac Financial Risk Advisory.

The newly created group will be led by John Grannis, who recently served as a member of the FDIC (Federal Deposit Insurance Corporation) Risk Management Supervision and Federal Examination teams.

Exzac Financial Risk Advisory (EFRA) will provide a wide range of services to help clients manage the increasingly complex regulatory environment, including liquidity stress testing, contingency funding planning, capital planning and capital policies, Basel III compliance, Dodd-Frank, Volcker and more.