SWIFT Acquires Omnicision, Adds Financial Crime Team
Yawar Shah, chairman, SWIFT
A new group of financial crime fighters has joined the SWIFT financial messaging and services consortium via the acquisition of Omnicision, the UK-based provider of financial crime prevention services and solutions.
The new crime fighters from Omnicision bring specialist skills in such areas as sanctions, anti-money laundering rules and know-your-customer (KYC) due diligence.
SWIFT says the acquisition will enable it to grow its sanctions testing service and further expand its compliance services, employing Omnicision’s technology and product pipeline.
The Omnicision acquisition marks a further step in the expansion of SWIFT’s compliance services portfolio, say officials at the consortium, noting that it recently created a dedicated compliance services unit and a global KYC registry, a centralized utility for the collection and distribution of information required by banks as part of their due diligence processes.
“The industry is counting on SWIFT to provide innovative solutions in the financial crime compliance area,” Yawar Shah, chairman of SWIFT, said in a statement.
Newedge Promotes for Top Agency Execution Post
Steeve Charvet, global head of FFOE&FI execution, Newedge
Newedge, a multi-asset brokerage and clearing firm, has promoted Steeve Charvet to be global head of financial futures options, equities and fixed income (FFOE&FI) execution, officials say. He moves up from the post of global head of fixed income, a position he has held since 2010. Charvet joined FIMAT, one of Newedge’s predecessor companies, in 2006.
In addition to his new role, Charvet will join Newedge’s executive committee.
An industry veteran with more than 20 years of trading experience, Charvet was the founder and partner of multi-asset agency broker ETC from 1999 to 2006. While there, he led the execution business and helped the firm grow to become a 160-member enterprise with London and Paris locations. Previously, he held a series of sales positions at Tullet, Tradition and Credit Lyonnais.
“Steeve’s appointment reflects our commitment to enhance our agency execution business,” says David Escoffier, CEO at Newedge, in a statement.
Newedge is a 50/50 joint venture between Société Générale and Crédit Agricole CIB.
Gresham Hires Marketing Director from Monitise
Ginette Lacroix, global marketing director, Gresham
Gresham Computing, a provider of transaction control solutions, has named Ginette Lacroix as its global marketing director.
Lacroix comes to Gresham from Monitise, where she focused on the adoption of mobile banking apps globally. Prior to that, she ran European lead generation programs for SmartStream Technologies and for Metastorm.
In this new London-based post, Lacroix will lead the firm’s marketing efforts to meet sales goals for its real-time matching and reconciliation solution, Gresham says.
She will report to Bill Blythe, global business development director, and will focus on marketing Gresham’s flagship Clareti Transaction Control solution, according to the company.
The appointment follows strong financial results for Gresham, the company notes, pointing out that, over the past year, the firm’s revenues increased by 36 percent to £14 million.
“Gresham’s business is expanding rapidly and we are investing in building out our sales and marketing functions to support this growth,” said Blythe, the global business development director, in a statement.
SmartStream Names Country Manager for Hong Kong
Post-trade solutions vendor SmartStream Technologies has named Steve Murphy to the post of country manager, Hong Kong.
The appointment signals expansion plans for the greater China region, the company says, noting that it has established sales and support operations in Beijing, Singapore, Sydney and Tokyo. The company also has recently appointed Joseph Kubeyka as regional director, APAC, and is actively recruiting in a number of locations.
For the past year, Murphy has been in Singapore, working as SmartStream’s strategic accounts director, Hong Kong. Prior to that, he held “senior sales management positions with several leading financial solutions providers across Asia and Europe,” according to SmartStream’s statement.
Goodenough to Serve on ISITC’s Board
Dennis Goodenough, associate member of the board, ISITC
Industry veteran Dennis Goodenough has been elected to serve as an associate member of the board of directors for the trade group ISITC, a move that follows many years of service to the standards-oriented organization.
Now director of industry relations for messaging integration vendor Volante Technologies, Goodenough has been active in ISITC since 2000. He has served as Vendor Forum Co-Chair for two-and-a-half years, as an active member of the marketing committee and as a speaker and organizer of the ISITC March Industry Forum, officials say. He is also a past steering committee member of the Asset Managers Forum, part of SIFMA.
Goodenough’s more than 30 years of experience includes a long-time focus on post-trade operations. During his 11 years financial messaging cooperate SWIFT, he was responsible for large account management, business development, partner management, communications and regulatory relations. He also worked for five years at the securities depository DTCC. overseeing STP initiatives, reference data and the move to T+3 settlement cycle.
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