-- Executive Level Addition Strengthens Enterprise Compliance Software Development at the Company
ROCKVILLE, Maryland, June 11, 2014 /PRNewswire/ -- StarCompliance, a leading provider of enterprise compliance and regulatory software solutions, announced today that Sunil Sehdev has been appointed Chief Technology Officer. A veteran in software development for the financial services industry with a strong expertise in compliance solutions, Sunil will be based in the company's United Kingdom office and will report to Marc Epstein, the Chief Executive Officer of StarCompliance.
"StarCompliance is committed to continuing to develop world class enterprise software for the financial services industry," said Marc Epstein. "Sunil brings to StarCompliance extensive experience in developing enterprise compliance software for the largest global financial services firms. His ability to manage a group of developers across multiple regions will also be an asset to the company."
Sunil comes to StarCompliance from Fizzback, a division of NICE serving the sentiment analytics space, where he served as Head of R&D. Before taking on this position, Sunil served as Senior Director of Technology at Actimize, another division of NICE. In this role, he managed a team of approximately 80 developers in Eastern Europe, London, Israel and Atlanta. Sunil joined Actimize as a result of the company's acquisition of Fortent, a Warburg Pincus backed roll-up of three firms: SearchSpace (AML product), Symantics (KYC and CDD products) and ACAMS (certification). While at Fortent, he served as the head of AML Development, and was responsible for integrating the technology functions of all three companies.
Prior to joining Fortent, Sunil served as the IT Development Director at Thomson Financial in the Investment Banking and Capital Markets division. While in this role, he also took on increasing responsibility in the Investment Banking and Brokerage divisions of the firm. He began his career at UK defense company RACAL Electronic Systems and Kenan Systems, part of Lucent Technologies.
StarCompliance is a leading provider of enterprise compliance and regulatory software solutions that detect and mitigate potential employee conflicts of interest for the financial services industry. Today, our software is used by employees at investment advisers, broker dealers, hedge funds, insurance companies and private equity firms around the world. StarCompliance software solutions are scalable and configurable to meet the specific needs of large, diversified, multinational investment firms. We provide each client with a single instance of the software and a dedicated database, which can be hosted by our clients or by us, for ultimate privacy and security. We have operations in the US and Europe and an in-house R&D team that continuously delivers compliance solutions that meet the ever-changing regulatory and political issues that affect the day-to-day operations of financial organizations. Visit www.starcompliance.com for more information.