Corlytics Solutions Launched in London to Provide Greater Regulatory Risk Intelligence for City Firms

Corlytics, the world leader in regulatory risk intelligence, has announced the launch of Corlytics Solutions Limited. The London based RegTech company is focusing on solutions to help global banks, regulators and financial services players to manage and mitigate financial risk.

Corlytics Solutions’ presence in London demonstrates Corlytics Group’s deep commitment to its London-based customers, as it continues to provide an evidentiary view on enforcement actions.

Corlytics Solutions

Mike O’Keeffe will be responsible for leading Corlytics Solutions as General Manager.

Mike has spent 15 years in security, risk, fraud and compliance solutions across major blue-chip organisations. He joins from Telstra, where he headed up the security risk analytics business. He will be supported by Gary Whitehead as general counsel.

Adding to the strength of the senior team, Corlytics Solutions has appointed new board member, Bryan Howett, former CFO of Zurich and a former board member of Old Mutual plc. The Theadneedle Street based team has the vital experience needed to support their global customers.

John Byrne, CEO, Corlytics Group said, “Demand for regulatory risk support is at an all-time high. Corlytics was created in 2013 to fulfil an urgent need in the global financial services industry for insightful, accurate regulatory risk intelligence. The top 20 banks paid out over $9 billion dollars in fines in 2016 alone. Regulation is not slowing and is providing a constant challenge to financially regulated firms and for the regulators themselves.”

“The addition of a senior team and strengthened board in London is part of our long-term strategy to support global firms from key financial hubs across the world.”

Corlytics’ Irish headquarters are at NexusUCD, the Industry Partnership Centre, at University College Dublin.

ENDS

19 June 2017

For further information contact Micéal Whelan, University College Dublin, Communications Manager (Innovation), t: + 353 1 716 3712, e: miceal.whelan@ucd.ie

Editors Notes

Corlytics is the world leader in regulatory risk intelligence. Positive regulatory outcomes are of enormous benefit to regulators, regulated firms and their clients. Corlytics uniquely analyses enforcement data and other important regulatory information. This helps all stakeholders achieve better regulatory planning and execution, by providing evidence based intelligence. Corlytics provides a unique multidisciplinary team of legal analysts, risk professionals and data scientists and the company’s intelligence is used by regulators, financial institutions and their advisors on a global basis. www.corlytics.com

NexusUCD is the Industry Partnership Centre at University College Dublin. NexusUCD, is located in Belfield Office Park, Clonskeagh, adjoining the main UCD campus. It offers high-quality modern office space, with short, medium or long term occupancy arrangements, and associated services to established innovation-led companies who are collaborating, or wish to collaborate, with UCD’s world-class research base. By locating at NexusUCD companies, such as Corlytics, can benefit from close proximity to and interaction with UCD academics and researchers. www.ucd.ie/nexusucd

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