RegTech firm Sigma Ratings has announced the appointment of Karim Rajwani as its new Chief Product Officer (CPO).
This pivotal hire solidifies Sigma’s commitment to continuous innovation in the risk and compliance sector, the firm claims.
Sigma is a firm specialising in the risk and compliance space. The company provides an integrated, data-driven system that incorporates workflow, real-time analytics, and risk configurability. The system offers a contextualised, always-on view of customers and their counterparties, enabling organisations to respond effectively to the ever-changing global risk landscape.
Karim Rajwani, the newly appointed CPO, is a seasoned professional with a wealth of experience in risk management and compliance. He has spent 40 years providing valuable insights and guidance in the industry, including serving as a Senior Advisor to Sigma since December 2022. His resume boasts affiliations with some of the world’s largest banks, including RBC, Deutsche Bank, and Scotiabank.
Rajwani’s vast experience in the risk and compliance industry has provided Sigma with invaluable insights. His expertise is instrumental in addressing the challenges organisations face in a rapidly evolving global risk landscape, with increasingly sophisticated rogue actors. Rajwani’s work with Sigma thus far has been crucial to its mission to empower clients with smarter, more data-informed decision-making capabilities.
Rajwani’s appointment comes at a pivotal time in Sigma’s growth journey. Alongside other key hires across product, sales, and engineering, Rajwani will be instrumental in accelerating Sigma’s position as a definitive resource for assessing customer and counterparty risk.
Sigma CEO Stuart Jones Jr. lauded Rajwani’s appointment. He said, “The global risk landscape is rapidly changing and rogue actors are getting smarter in their efforts to evade detection. No one understands that set of challenges better than Karim and we are thrilled to have him more involved.”
Echoing the CEO’s sentiments, Rajwani commented, “Sigma reflects a new, dynamic approach to managing client, counterparty and third party risk using big data, machine learning and advanced risk scoring models. I am excited to continue my work at this incredible organisation to support our clients and the broader industry.”
Earlier this year, Sigma continued its leadership shakeup with the appointment of Randal Skipper as its chief revenue officer.
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