ComplyAdvantage, a global data technology company transforming financial crime detection, today announced that Mark Watson has been named as the company’s Chief Technology Officer and newest addition to the leadership team. In his role, Mark will lead all engineering and technical innovation efforts including the expansion of the company’s proprietary knowledge graph called ComplyData™ which contextualises insights across the company’s award-winning Transaction Risk Management and KYB solution sets.
“It’s awesome to have Mark join our executive team during such an exciting time for the company,” Charlie Delingpole is the founder and CEO at ComplyAdvantage.. “We’ve spent the last 8 years helping our customers find and mitigate the hidden threats of money-laundering and related financial crimes. We’re now at a place in the company’s evolution where it takes someone with Mark’s background, vision and expertise to lead our next wave of technical innovation. So we welcome Mark and look forward to his contributions as we continue to scale globally.”
Mark joined ComplyAdvantage after 26 years of technology management experience. He was previously the CTO at WorldRemit. Mark was the co-founder and exited of several companies, in various business sectors, including mobile apps, cloud and advanced analytics. He also managed systems management and customer experience management. In particular, Mark was the founder and technology leader at the mobile middleware pioneer, Volantis Systems, and subsequently at the machine learning-based cloud performance company, Skipjaq. Through its sale to NICE, he also managed the technology function of Causata’s AI-based customer experience platform. Mark managed the vision, business planning, as well as organisational structures, that enabled technology development to scale at these companies and others.
“ComplyAdvantage is a model-first company and the team has done an outstanding job building a data business that is ideal for fighting the growing volume, velocity and complexity of financial crimes around the world,“ Mark Watson. “My goal over the coming quarters is to expand our data and technology footprint so that we can continue to be the leading and most trusted anti-money laundering resource to our tier one banking, crypto, fintech and financial services customers around the world.”
Already the preferred choice of some of the world’s largest banks, enterprises, and high-growth FinTechs, ComplyAdvantage uses machine learning to help regulated organisations manage their risk obligations and prevent financial crime. ComplyAdvantage is also a leader in providing anti-money laundering insights that including the company’s much lauded State of Financial Crimes 2022 Report, Evolving Use and Sanctions the Anti-Money Laundering Guide for Growing Crypto-Firms was released recently.