Arachnys, the market-leading platform enabling financial institutions to have confidence in all their KYC, AML and EDD decisions, has announced the key appointment of Greg Watson to their advisory board.

A former Managing Director at HSBC for seven years, including a role as Global Head of Onboarding & Client Management Services, and more recently with Fenergo in a number of senior roles, including Global Head of Sales and Advisory Board member, Greg also holds the role of Partner at the boutique advisory and solutions firm, JJCFinTech.

Greg brings an array of experience to Arachnys across customer onboarding and KYC, ongoing review and perpetual monitoring in the corporate and institutional banking space, as well as a wealth of sales and financial services knowledge.

“I’m delighted to welcome such a renowned and experienced leader to Arachnys,” said David Buxton, Arachnys’ CEO. “I’m confident his domain expertise and insights will not only help with validating our product roadmap and vision, but assist with enriching and refining our current enterprise projects for our global banking customers.”

Greg will assist Arachnys in delivering unique expertise and insights about customers’ requirements for Arachnys’ KYC, AML and enhanced due diligence (EDD) solutions. In particular, his recent experience brings the expertise and empathy around banking customers’ pain points with poor KYC and onboarding experiences, operational inefficiencies and the need for data-powered automation to solve some of these challenges.

He’ll be joining an already prestigious advisor team to support Arachnys’ leadership as they guide the business through the next phase of its growth.

Source:  Arachnys Press Release