The appointment forms part of Indigita’s continuous quest to simplify cross-border compliance for international financial institutions by means of easy-to-use digital tools, innovative trainings and automated rule application.

Leading teams based in Geneva, Zurich and Lisbon, Achille Deodato will be responsible for the future development of the regulatory technology company’s range of digital cross-border compliance solutions and for driving business growth. Drawing on the industry-leading pool of knowledge on cross-border regulations held by Indigita’s parent company BRP Bizzozero & Partners SA, Achille Deodato and his team will focus on the creation and provision of innovative regtech tools and training that allow banks and asset managers to safely and efficiently conduct business in an increasingly complex regulatory environment.

Achille Deodato brings with him more than 15 years of experience in the banking and consulting industry where he held various management positions in the fields of business development, governance, risk management and compliance. He joins Indigita from electronic identity solution provider Procivis, where he held the role of chief operating officer. Prior to that, Achille Deodato held the position of chief commercial officer at Hinduja Bank Switzerland. He holds an MBA from IMD business school and a degree in economics from LUISS University of Rome.

Achille Deodato said: “As the complexity of global regulations is rising, being able to conduct business in an efficient and compliant manner becomes a key success factor for financial institutions. I’m thrilled to join Indigita to further expand the company’s unique market position and, together with my team, enable clients to offer their services across borders in a safe way. I’m particularly looking forward to the launch of our entirely new regulatory platform in 2020, which will bring unprecedented simplicity and intuitiveness for the management of rules.”

Alessandro Bizzozero, chairman of the board of Indigita, said: “We are very pleased to welcome Achille Deodato as a proven leader, who combines in-depth knowledge of the regulatory landscape with hands-on experience in deploying technology to create client solutions. Our board is looking forward to working with Achille Deodato to unlock the full potential of our unrivalled knowledge of cross-border regulations for today’s digital environment.”