Source: Quantexa
Quantexa, the big data start-up, has hired Karim Rajwani, as Global AML Advisor. He has has joined from Deutsche Bank where he was Money Laundering Reporting Officer and Global Head of Financial Intelligence.
Prior to Deutsche Bank, Rajwani was Global Head of Anti-Money Laundering (AML) at Royal Bank of Canada. Rajwani was responsible for the roll out of the bank’s AML monitoring systems, client and payment systems, sanctions policies, financial intelligence and analytics units. His expertise and reputation saw him become a member of the Advisory Council for National Security for the Prime Minster of Canada from 2009 to 2012 as well as a Member of the Advisory Board of the Association of Certified AML Specialists.
Rajwani joins the business as it looks to broaden its service offering and attract international clients as part of its expansion overseas. Rajwani has over 35 years of finance, risk management and anti-financial crime experience including: anti-money laundering, anti-terrorist financing, sanctions and AML Compliance. He also is a Certified Anti-Money Laundering Specialist, Chartered Accountant and Chartered Professional Accountant.
Quantexa, which raised $3.3 million in funding in March 2017, enables organisations to make better decisions from their data. Its revolutionary technology is based on the latest developments in Big Data software and uses real-time entity resolution with network analytics and AI to knit together vast and disparate data sets and derive actionable intelligence. The company is headquartered in London, with offices in Brussels and Sydney.
On his appointment, Karim Rajwani said: “I am delighted to join Quantexa at a key point in their national and international expansion. I’m impressed by their pioneering and revolutionary technology which is revolutionising Entity Resolution and Network Generation, and I am looking forward to bringing my expertise in AML and CTF to the team and thus additional value to our clients.”
CEO of Quantexa, Vishal Marria, commented: "Karim's vast experience in AML and CTF made him the ideal addition to the expertise and talent of the Quantexa team - in analytics, data science and machine learning, focused on financial crime. It is the perfect partnership in our eyes and through it, we’ll continue to deliver the best possible value to our customers.”