Parker Fitzgerald makes two hires to bolster Cyber Risk and RegTech

Parker Fitzgerald, a strategic advisor and consulting partner to financial institutions, has expanded its Cyber Risk and RegTech practices with two new hires.

The firm has expanded its London office with Kyle Hastings joining as lead partner of Cyber Risk, and Chris O’Driscoll taking on the role of lead partner for the RegTech Practice.

O’Driscoll will focus on how emerging technologies can be leveraged within a financial institution’s operating model to help lower the cost of meeting ongoing regulatory compliance and reporting obligations. He will manage the firm’s relationship with the global FinTech and RegTech community, representing Parker Fitzgerald on all FinTech Industry working consortia.

Prior to joining the firm, he spent over 15 years in the financial services industry working principally for Global Tier 1 Banks, providing him with experience and understanding of disruptive change across Global Markets, Commercial Banking, Retail Banking, Insurance, Islamic Finance, E-commerce and the FinTech ecosystem.

Scott Vincent, CEO, Parker Fitzgerald said: “We are delighted that Chris is joining the team at an important moment for the industry. His proven track record to help grow businesses will be critical as Parker Fitzgerald continues to lead the market in addressing their digital and regulatory challenges.”

Parker Fitzgerald has also bought in Hastings to lead its newly created Cyber Risk practice. He brings 20 years’ worth of experience following senior roles at Barclays Investment Bank, VTB Capital and most recently as Director, Cyber Risk Advisory at Deloitte.

The Cyber Risk practice brings together over 100 cyber security, risk management and data privacy specialists who assist the boards of major financial institutions shape their strategic response to the emerging threat landscape and new global regulatory standards.

In his role, Hastings will also oversee Parker Fitzgerald’s strategic partnership with Holistic Cyber, a global leader in Cyber Defence and Data Security originating from the Israeli Defence Force (IDF).

Vincent added: “Kyle joins Parker Fitzgerald at an important juncture for the business and the wider industry. The digitisation of financial services means the sector is balancing the needs of embracing a sustainable digital business model as well as addressing the growing regulatory requirements and broader cyber threats to their businesses and customers. Kyle’s expertise will be vital as we continue to support our clients and grow the business.”

Copyright © 2018 RegTech Analyst

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