Finlay bails from Raft into Raging Torrents
20 January 2003 | 867 views | 0
Mike Finlay, former corporate development director at UK financial software house Raft International, has resurfaced as head of advisory services at Raging Torrents, a British Virgin Islands registered company that specialises in the provision of risk-related services to the financial sector.
Finlay has been contacting clients and prospects to clarify recent statements from Raft concerning his departure and the appointment of Gerry Wilkinson as manager of its Radar operational risk product suite. In an e-mailshot, Finlay says that he spent the previous two years acting as a consultant to Raft while under the employ of Raging Torrents.
The mail-out goes on to say: "With effect 1 January 2003, Raging Torrents has significantly reduced the services it will offer through Raft International and has embarked upon a strategy to increase the direct delivery of services to our actual customer base, the financial services industry."
He says that Raging Torrents, which offers profiling tools for risk-based self-assessment, is embarking upon a major expansion programme, "which will see our US practice growing substantially". More details will be released in the coming weeks.