Leading compliance data enablement platform, encompass corporation, has appointed Paul Charmatz as Managing Director to focus on their go to market strategy.
Paul joins encompass from Avention OneSource Solutions, which was recently sold to Dun and Bradstreet. Previously Senior Vice President, International and Global Head of Financial Services, he led the global strategy in the aggregated data compliance space, securing banks in London, New York and Asia Pacific with both Master Data Management (MDM) and data processing solutions.
Paul will be responsible for managing encompass’s continued growth globally in both the Financial Services and Professional Services sectors.
encompass corporation delivers KYC automation for banking, finance, legal and accountancy sectors. Enabling data aggregation and visualisation of multiple data suppliers and robotic updates, dramatically improving onboarding time and automating updates to comply to regulation.
encompass is listed by Planet Compliance as one of the most influential RegTech firms and is the only platform that can access all data providers via API and aggregate them into a single view for compliance professionals
Wayne Johnson, CEO and Co-Founder, encompass said, “Since launching in Glasgow two years ago after establishing the business in the Australian market, we are looking to capitalise on our innovation and grow globally. Paul’s extensive experience within the KYC/AML data and aggregation sector in both Financial Services and Professional Services will enable us to make that a reality.”
Paul Charmatz said: “RegTech technology is driving efficiency and cost saving into the compliance space enabling compliance professionals to speed up onboarding and remediation. encompass has the leading SaaS tool in this space to capture data from all of the markets’ key data providers and visualise it in a way that dramatically improves processes”.
You can read Paul’s blog here.
A leading RegTech company, encompass corporation develops technology to automate Know Your Customer (KYC) policies and ensure adherence to Anti-Money Laundering (AML) and Counter Terrorism Financing (CTF) regulations in financial, legal and accounting businesses.
With encompass’ market leading technology, KYC checks and onboarding processes can be completed more than 10 times faster and with far lower costs and error rates than manual processes through the use of web based technology, providing a full audit trail and removing the risk of human oversight.
Founded in Australia in 2012, encompass launched in the UK in 2015 and now employs more than 50 staff, including more than 30 staff in the UK. It uses real time data from 12 information providers including Experian, C6i, BvD, Thomson Reuters World-Check and Companies House. encompass serves more than 200 firms who rely on its products to automate and manage AML/CTF risk and compliance while enabling growth through informed and timely business decisions.