Corlytics has been a leading force in regulatory and policy compliance technology for a while. Recently, the company unveiled three strategic senior appointments. These new roles are designed to enhance the company’s precision AI capabilities and expand its global, multidisciplinary tech teams.
This announcement comes after the company experienced substantial growth and successful integration of recent acquisitions. With fresh investment from Verdane, Corlytics is poised to maintain its leadership in the industry.
Last month’s acquisition of Deloitte’s UK RegTech platform, coupled with previous key policy management technology acquisitions clearly showcase Corlytics’ commitment to driving innovation and excellence in the highly competitive regtech sector.
Comitted to Innovation in the Regulatory Technology Sector
Corlytics remains dedicated to innovation, having invested over €50 million in research and development to date. This substantial financial commitment shows how committed this company is to advancing technology and maintaining its leadership position in the regulatory intelligence sector. The addition of these new senior hires is a strategic move designed to further bolster Corlytics’ global presence and drive continued success.
By enhancing its capabilities, Corlytics aims to leverage its strong client base, which includes a significant 40% of the top 30 Systemically Important Financial Institutions. This impressive clientele is a clear indicator of Corlytics’ influence and expertise in the industry, and these new hires are set to propel the company towards even greater innovations down the line.
Appointing a New Chief Technology Officer
Corlytics appointed Steve Barnes to spearhead the development of advanced technology solutions, ensuring that solid security standards are upheld. Previously, Steve served as Chief Technology Officer at AQMetrics and held various senior technology management positions at BAE Systems.
With over 20 years of experience in technology leadership, he brings a wealth of expertise in cybersecurity, software development and operational excellence to his new role.
Steve’s extensive background and proven track record will be instrumental in advancing the regtech company’s technology initiatives and maintaining its high standards of security.
Who is the New Chief Data Officer?
Dr. Boydell, who previously served as the Research Director at Ireland’s National Centre for Applied AI was also hired by Corlytics as a leading authority in artificial intelligence. With more than 24 pioneering AI publications to his name, Dr. Boydell is an internationally recognized expert in the field.
In his new role, he will drive Corlytics’ AI strategy and oversee its implementation properly, bringing a wealth of innovation to the company’s technological advancements.
Maintaining Supremacy in the Regtech Sector
With all the moves Corlytics has been making recently, it is clear that it plans to maintain its dominant position in the regulatory technology sector. These new hires were scouted carefully, making sure that they would add value to their specific roles, taking the company to new heights in the process.
As a long-time user of Corlytics, I’m thoroughly impressed with their risk intelligence solutions. It’s helped my business stay ahead of regulatory changes and manage risks more effectively. The insights are always spot on, and the platform is incredibly user-friendly.