ComplyAdvantage hires CFO and CPO

ComplyAdvantage hires CFO and CPO

Source: ComplyAdvantage

ComplyAdvantage, a global data technology company transforming financial crime detection, today announced two new executive hires that include Nabeel Vilcassim as the company’s Chief Financial Officer (CFO) and Oliver Furniss as Chief Product Officer (CPO).

Both will report directly to Vatsa Narasimha, Chief Operating Officer of ComplyAdvantage.

In 2021 ComplyAdvantage saw record growth with ARR (annual recurring revenue) growing by ~80%, fueled by an expanded portfolio of global crypto, fintech and banking customers including Gemini, HTB and TransferMate and key strategic partnerships with world-class blockchain data and BaaS providers including Elliptic and Raisin Bank. Usage across the company’s AML (anti-money laundering) solution sets hit record levels with searches volumes doubling quarter over quarter for the company’s Customer Screening and Monitoring solution while Transaction Risk Management volumes increased by 4x.

In addition, the company’s platform facilitated more than 1 billion searches across 150 million entities that are monitored daily in 2021.

For 2022, the