NEWS RELEASE

6th October 2017

Compliancy Services recruits Paul Morrison from the FCA as its new Head of RegTech

Compliancy Services, the specialist FCA and PRA compliance consultancy, has announced that Paul Morrison has joined as Head of RegTech.  Paul was previously Senior Partner, RegTech at the Financial Conduct Authority (FCA) where he established and was leading the FCA's new RegTech team, driving strategy and fostering collaboration across the FinServ and FinTech communities.

Paul will be responsible for the development and implementation of Compliancy Services’ RegTech strategy including product development, bringing new products to market and building their brand as a leading RegTech firm in defined areas where they can make a difference. 

RegTech involves the use of innovative technology to help firms meet their regulatory obligations efficiently and effectively.  Bringing a unique blend of market leading regulatory compliance insight and expertise and technology development capabilities, Compliancy Services have been developing RegTech services for over 12 years and they have more than 600 clients using their services.

Ben Mason, Joint CEO of Compliancy Services explains “Our RegTech focus is supporting the core compliance processes that must be carried out by all PRA and FCA regulated firms and their compliance management.  With proven services and some exciting and innovative products in development and pilot stages, we’re delighted to welcome Paul as our first ever Head of RegTech.  Our ability to recruit such a prominent figure validates the strength of our strategy and product pipeline.”

Paul Morrison said “I’m excited to be joining Compliancy Services at such a pivotal point in their development.  With such an excellent reputation and established RegTech business, I am looking forward to helping build on these strong foundations and grow this area of the business.”

About Compliancy Services

Compliancy Services are a compliance consultancy to firms that provide services which are regulated by the Financial Conduct Authority or the Prudential Regulation Authority. Our specialist services and web based applications help our clients achieve authorisation, manage their regulatory obligations and empower their staff with focused compliance training.

What makes us stand out is the skill and expertise of our consultants, many of whom are ex-regulators. The straight forward practical advice they provide has helped more around 1,000 firms achieve regulatory compliance and over 750 rely on our ongoing compliance support and guidance.

Compliancy Services’ RegTech Services

Our RegTech services include:

Compliance.Guru™ is an interactive e-learning system with a vast range of modules that is easy to use and provides a cost effective solution to help firms meet their regulatory training needs.

Compliance Select™ provides a low cost and effective solution to helps firms that do not have specialist compliance resources understand and manage their regulatory obligations.

AR Monitor™ helps firms to manage their FCA compliance in relation to Appointed Representatives.

The next product to come to market will improve firm level due diligence, reducing audit costs and improving management reporting by providing better online access to data that significantly enhances risk decision making.  This service be highly relevant in a number of sectors, for example Clearing Banks in respect of their clients, Payment Service Providers in respect of their Agents, Lenders in respect of their Brokers; and Principals in respect of their Appointed Representatives.

 

New Broad Street House 35 New Broad Street London EC2M 1NH

Tel: 020 7060 4499 Email: info@compliancy-services.co.uk

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Registered Office: 69 Hermitage Road, Hitchin, Hertfordshire SG5 1DB

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