Site icon FinTecBuzz

eflow announces international expansion and key strategic hires

eflow

UK-based Regtech (Regulatory Technology) scaleup eflow Global has announced global expansion plans for its regulatory compliance technology platform, with acceleration of its presence in the US and the appointment of several senior hires. 

 With eflow’s client base growing by 57% in the last year, the company has appointed Jonathan Dixon as Head of Trade Surveillance, who brings a wealth of specialist experience from Eventus, where he worked as Director of Regulatory Affairs (EMEA), as well as Kraken, Barclays and Accenture. Jonathan will oversee the strategic development of eflow’s trade surveillance solutions. 

 To drive expansion in the US, Boston-based Casey Stanley joins eflow as Sales Director and brings with him 20+ years of experience, including roles at S&P Global and Thomson Reuters. Equally, with 20+ years in B2B marketing, Sam Roberts will lead eflow’s global brand and promotional activity as Head of Marketing. 

 Over the last 12 months, eflow has achieved a 96% client retention rate and welcomed dozens of new international clients from across Europe, North America and APAC. Its current client base now totals more than 110 firms, many of which use multiple eflow solutions to help with market abuse surveillance, transaction-cost analysis, transaction reporting and eComms surveillance. 

 eflow’s expansion has also seen the company deliver a suite of new technology to the market during 2023, including a new aggregator model for TZTR (transaction reporting platform) and three major updates to its trade surveillance and best execution modules.

 Ben Parker, CEO and Founder at eflow Global, commented: “Global socioeconomic events and the surge in AI’s capabilities in the past 12 months have all played a part in mounting regulatory pressure that financial firms are facing. It’s harder than ever to stay compliant, and we know first hand that increasing scrutiny from global regulators and cross border challenges have contributed to this.”

 He added: “eflow’s expansion will help mitigate these issues across the board and we’re excited to bring our technology to a new audience of financial institutions worldwide. The appointment of our new senior hires will help us to execute this vision and make a huge difference in supporting firms with their regulatory challenges.”

 Jonathan Dixon, Head of Surveillance at eflow Global commented: “The only way for businesses to keep pace with continuously evolving regulation is through the implementation of cutting-edge technology. With regulator expectations growing and new legislation, such as the EMIR Refit, coming into play in 2024, I’m thrilled to be joining the team to help redefine compliance for businesses worldwide.”

 The company’s emphasis on enabling firms to simplify compliance procedures while strengthening their governance has gained eflow Global a reputation as a leading RegTech provider. Its solutions are currently used by over 110 financial institutions including Aegon Asset Management and Plus500.

Stay Ahead of the Financial Curve with Our Latest Fintech News Updates!

Exit mobile version