Sigma Ratings, which provides clients with a unified view of risk, has named Alison Clew as its new independent director.
Clew joins Sigma’s board of directors, supporting the RegTech company as it bolsters its growth.
Prior to Sigma, Clew served as Citigroup’s global head of anti-money laundering compliance. Before that, Clew worked at consulting practice Deloitte as its global and US leader of the AML and sanctions.
Clew said, “With the tsunami of global information and the power of AI, Sigma is harnessing both to give companies a smart, targeted and efficient way to manage financial crime and counterparty risk.
“Sigma focuses on building cost effective technology that meets the direct needs of financial institutions, rather than just improving on existing market solutions. I am excited to see the increasing global impact of Sigma’s technology and the value it will drive in improved insights and due diligence for institutions.”
Sigma Ratings has built an AI-driven risk intelligence platform that helps organisations combat financial crime and make improved, automated counterparty intelligence decisions. Its point-in-time risk analysis and ongoing monitoring technology screens thousands of data sources.
Speaking on the appointment, Sigma founder and CEO Stuart Jones, Jr, said, “Alison’s wealth of industry insight and passion for redefining the approach to fighting financial crime aligns perfectly with our vision. We’re incredibly excited to have her counsel and look forward to what we will accomplish together going forward.”
The RegTech company closed a funding round led by Fitch Ratings. Since then, Sigma has significantly grown its global customer base across financial services, professional services and government sectors.
Copyright © 2021 FinTech Global