Global RegTech consolidator Corlytics makes three senior hires

Dublin-headquartered Corlytics, the global regulatory intelligence and policy compliance technology consolidator, has named three senior appointments to drive its precision AI and scaling of its global multi-disciplined technology teams, following a "period of intensive growth and successful integration of its acquisitions".

This announcement follows recent investment backing from Verdane to continue category leadership and the acquisition of Deloitte’s UK RegTech platform last month. Hot on the heels of acquisitions of key policy management technologies including ING’s SPARQ and Clausematch last year.

Corlytics continues to invest heavily in innovation, with Group investments in R&D to date exceeding €50m. These hires will enable Corlytics to continue to cement global category leadership, accelerating organic growth and M&A, building on their strong client base which includes 40% of the top 30 Systematically Important Financial Institutions (SIFI).

Steve Barnes, joining as group chief technology officer, will be responsible for driving advanced technology solutions while maintaining robust security standards. He most recently served as CTO at AQMetrics and held several senior technology management roles at BAE Systems. He brings over two decades of experience in technology leadership, with a strong focus on software development, cybersecurity, and operational excellence.

Oisin Boydell, appointed chief data officer, previously the research director of Ireland’s National Centre for Applied AI (CeADAR) is an internationally recognised expert with over 24 pioneering AI publications. Dr Boydell will spearhead the Corlytics’ AI strategy and implementation across all workstreams.

Ray O’Donnell, appointed group chief tech architect, is a long-standing member of Corlytics, transitions from his role as head of technology to group chief tech architect. In his new role, he will oversee the current and future technical architecture across all Group Platforms.

John Byrne, CEO of Corlytics said: "It’s an exciting time to be at Corlytics and we’re proud that we continue to be industry pacesetters. Ray, Steve and Oisin will be pivotal in driving growth and developing next-generation AI and machine-learning technology for our clients.

"The next 12 months at Corlytics will continue to be a game-changer for the world’s largest financial services firms, enabling them to simply comply and implement ever-changing regulations.”