SmartSearch, a UK provider of digital compliance and AML solutions, recently announced a significant expansion of its executive leadership team.
This strategic move is designed to propel the company’s next growth phase, following a substantial investment from Triple Private Equity and the appointment of Phil Cotter as CEO.
The bolstered leadership team aims to enhance SmartSearch’s customer service and spur the development of innovative products and services. Key appointments include Stuart Morris, who joins as Chief Technology Officer with a wealth of experience from EY, Barclays, and LSEG. In his new role, Morris will spearhead the technology team, focusing on customer-centric innovations.
Paul Eddie has been appointed Chief Revenue Officer, bringing his extensive background in software, analytics, and digital transformation from notable companies like Thomson Reuters, Oracle, Experian, and D&B. Eddie will lead the sales organisation, aiming to optimise revenue streams and enhance product offerings for customers in regulated industries.
Further strengthening the leadership, Fraser Mitchell steps into the role of Chief Product Officer, transitioning from Technical Director. Mitchell will steer the strategic product direction and foster market-leading innovations. Additionally, Collette Allen shifts from Chief Operating Officer to Chief Transformation Officer, where she will ensure the delivery of the business’s transformation agenda to support its long-term strategic goals, focusing on operational and service excellence.
The newly expanded Executive Leadership Team is set to empower businesses across regulated sectors to effectively combat global money laundering and fraud. Leveraging their collective expertise, SmartSearch is well-equipped to deliver innovative tools that assist customers in both thwarting financial crime and maintaining compliance amidst increasingly complex financial and regulatory challenges.
Stuart Morris commented on the challenges ahead, “Keeping pace with the advanced technology used by today’s financial criminals is a pressing challenge for organisations in regulated industries. This is compounded by their obligation to implement the necessary checks to catch fraudsters and ensure regulatory compliance. SmartSearch is dedicated to making this process easier for businesses, and it’s an exciting time to be part of this journey.”
Paul Eddie shared his enthusiasm about joining SmartSearch, noting, “Software, analytics, and digital transformation have been key focus areas throughout my career, and I’m delighted to join SmartSearch as a leader in digital compliance. Maximising revenue streams will enable SmartSearch to streamline and enhance its product offerings for customers in regulated sectors, providing them with the right solutions and support to combat the rising tide of financial crime.”
CEO Phil Cotter remarked on the significance of these appointments, “These strategic appointments mark a pivotal moment for SmartSearch, significantly bolstering its leadership capabilities. The addition of seasoned experts like Stuart Morris and Paul Eddie, together with the change in roles for Fraser Mitchell and Collette Allen, alongside Claire Elcock, Chief Financial Officer, Julie Green, Client Services Director and Rachael Rogers as Interim Chief People Officer creates a leadership team with significant experience of delivering innovative solutions for its customers in a fast changing and complex regulatory environment, ensuring it remains at the forefront of the fight against global money laundering and fraud.”
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