Oakes and Bundi joins Corlytics advisory board
10 August 2017 | 3867 views | 0
Corlytics, the world leader in regulatory risk intelligence, has announced Peter Oakes and David Bundi as new additions to the global advisory board.
Joining Brian Harte and Bryan Howett, the new advisory board appointments are charged with further embedding Corlytics’ leadership position in the growing global regtech industry.
Both men bring years of invaluable international experience to Corlytics. Both too, are recognised as amongst the most influential leaders in the regtech industry.
“I am delighted to have been asked by John Byrne to join Corlytics’ global advisory board. I strongly believe that Corlytics is going to play a leading role in regulatory risk intelligence for the financial services industry”, says David Bundi.
“Initially I was attracted by the maturity of Corlytics’ technology and the firm’s close collaboration with major global regulatory authorities. Having got closer to the team they have an unprecedented combination of great legal minds and artificial intelligence skills used to reduce global risks and costs in banking”, Bundi explains.
David Bundi is currently working as chief compliance officer at the highly innovative Swiss Hypothekarbank Lenzburg and as advisory board member at the globally well-known regtech firm Qumram. He previously worked in the global policies area for UBS in Switzerland and the US, where he was a member of the global compliance innovation committee. David has an international legal education in Swiss, EU, UK and some US law. He speaks five languages and has broad in-depth technical knowledge of compliance and risk-related IT tools.
Peter is a well-respected regulator and fintech veteran. Peter, who holds dual Australian and Irish citizenship, works internationally as a board director of regulated firms and strategic adviser to financial and technology companies, central banks and professional service firms. His career has covered board director and chief risk officer at Bank of America Merchant Services (licensing & establishment of business in EU); director (enforcement & anti-money laundering) at the Central Bank of Ireland, advisor to governor and deputy governor of Saudi Arabian Monetary Agency and enforcement roles at the UK and Australian regulators. Peter’s area of expertise includes law, corporate strategy, central banking, risk-based supervision, enforcement and financial crime. Most recently Peter founded FinTech Ireland and FinTech UK to give a unique identity to the promotion of fintech globally.
Peter added, “I am a passionate supporter of the regtech community, and am delighted to have been asked by John Byrne to join Corlytics. Corlytics’ global reach ensures it is on the ground helping banks in all jurisdictions tackle regulatory issues in their individual markets. As global demand for regulatory risk intelligence continues to grow, I’m looking forward to supporting Corlytic’s innovative team in reaching new markets. As someone who grew up on the client side and has spent more than a decade with leading regulators, what I admire the most is that this disruptive technology easily integrates with existing legacy systems.”
John Byrne, CEO of Corlytics said, "Corlytics was created to fulfil an urgent need in the global financial services industry for insightful, accurate and consistent regulatory risk intelligence. Since our inception in 2013, this need has been magnified by ever increasing regulation in global markets.
“Peter and David are key additions to our global advisory board. Both will play pivotal roles bringing their international experience together in shaping Corlytics’ offering in the multi-billion regtech industry globally.”