Xelidoni selects Wolters Kluwer’s OneSumX for Risk Management

Xelidoni has chosen to implement award-winning software from Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), having selected the OneSumX for Risk Management solution. Xelidoni uses blockchain technology to create a more efficient house rental process and address the issues associated with current rent deposit models. Its business model enables tenants to earn interest income on their deposit and streamline administrative processes for a faster, more secure, and convenient rental experience. OneSumX for Risk Management gives banks and financial institutions advanced...

FalconX Wins FinTech Breakthrough Award for DeFi Innovation

FalconX, the most reliable digital assets prime brokerage for the world’s leading institutions, today announced it has earned FinTech Breakthrough’s 2023 DeFi Innovation Award for its innovative FalconX 360 platform. The award recognizes the most outstanding products, services and companies that are disrupting the crowded fintech market and shaping the future of global consumer and business finance. FalconX 360 is the first and only unified investment and risk management platform for institutional investors providing streamlined...

Thread Bank Hires Chief Risk Officer

Thread Bancorp, Inc. and Thread Bank (together, “Thread”) are pleased to announce that Terry Hoover has joined its team as its Chief Risk Officer. In this role, Hoover is responsible for further developing Thread’s Enterprise Risk Management program as best-in-class by ensuring outstanding risk management practices and Thread’s continued regulatory compliance. Hoover brings over thirty years of risk management experience to Thread. Prior to joining, Hoover was most recently Managing Director/Enterprise Risk Management at Strategic Risk Associates, LLC in Dallas,...

Mastercard Announces Leadership Appointments

Karen Griffin to become the company’s Chief Risk Officer Jennifer Rademaker to lead the company’s future of work experience Mastercard (NYSE: MA) today announced the creation of two new leadership positions to accelerate the company’s delivery against its strategic priorities. Karen Griffin, currently the company’s Chief Compliance Officer, will take on a new role as Chief Risk Officer. The ability to manage an organization’s risk appetite in order to maximize growth opportunities has become increasingly...

CCIG expands Texas footprint with acquisition of Cairn Advisors

The leading risk management and insurance solution provider plans to grow its employee benefits offerings with the purchase of the Austin, Texas-based firm CCIG, a leader in risk management and insurance solutions for business and individual clients nationwide, announced today the acquisition of an employee benefits firm, Cairn Advisors, LLC. The move extends CCIG’s reach in Austin, Texas and reinforces its expected 20% organic growth trajectory in 2023. “This acquisition enhances our ability to serve more clients across...

CAMICO Names Mike Ray as Chief Financial Officer

CAMICO, the nation’s largest CPA-directed program of insurance and risk management for the accounting profession, announced that Mike Ray will join as Chief Financial Officer (CFO) on Feb. 20, 2023. In this role, Ray will oversee all finance functions of CAMICO and its subsidiaries. Ray is a CPA, previously with PricewaterhouseCoopers (PwC), and for the past 22 years served as the CFO for California Casualty Insurance Company, also based in San Mateo. He succeeds CFO...

TAI Launches Reinsurance Portfolio Analytics Tool, TAI Insights

TAI (Tindall Associates, Inc.), a leading provider of reinsurance administration software and services, announced today the launch of TAI Insights, an intuitive reinsurance analytics toolset that empowers TAI clients to improve reinsurance operations and optimize their reinsurance portfolios. Powered by Comotion, a technology business that builds tools for the life insurance and finance industries, TAI Insights uses analytics in reinsurance decisions to increase efficiency in risk management and operational processes. “At TAI, we strive to drive administrative efficiencies...

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