RegTech firm Novatus Global is thrilled to announce the appointment of Bill Michael as their Head of Strategy.
Michael will also be joining as a member of the Board of Directors, gearing up to foster international expansion for the firm.
Novatus Global specialises in delivering exceptional tailored advice and effective RegTech solutions to their clients. Their primary mission is to address the escalating and multifaceted regulatory demands faced by financial services organisations. This is significantly evidenced by their proprietary product, the Novatus Transaction Reporting Assurance platform.
Bill Michael is a stalwart in the financial services realm, boasting over 35 years of experience spanning capital markets, corporate banking, and regulatory dimensions. His advisory acumen stands unmatched. As the new Head of Strategy, he will be instrumental in amplifying Novatus Global’s international outreach and solidifying its stature in the RegTech domain.
Before this engagement, Michael was the UK Chairman at KPMG, taking on pivotal roles like UK Head of Financial Services and Global Head of Banking and Capital Markets. Since 2021, his journey has been marked by strategic advisory stints with firms such as the challenger consultancy Elixirr and a myriad of ascendant entities in the financial circuit.
In 2022, Maven Capital Partners invested in Novatus Global, aiming to leverage burgeoning growth prospects in the RegTech sphere. Over the recent year, the company has made significant strides internationally, marking its presence in Australia by signing a premier superannuation fund. Given his Australian roots, Bill is anticipated to fortify Novatus’ foothold in the region.
Novatus Global Partner and co-founder Andrew Hedley said, “We are delighted that Bill is joining our senior team at such an exciting time for the business. His unparalleled consulting experience in the global financial services sector combined with his entrepreneurial mindset will be invaluable as we enter our next phase of growth.”
Matthew Ranson, Partner and co-founder, added, “The demand for our services and solutions continues to grow rapidly within a global market estimated at circa £20bn per annum. We are delighted that Bill joins us at this pivotal moment as we continue to work on achieving scale across both the advisory and RegTech divisions of our business. Bill’s in-depth knowledge and practical experience of the financial services industry will enable us to continue to innovate as we identify where technology can improve day-to-day operations and ensure clients remain compliant with global regulations.”
Bill Michael, Head of Strategy, commented, “I am very impressed by what Novatus Global has been able to achieve to date for its financial services clients and by its relentless focus on solving complex problems for the end-user. I’m very much looking forward to bringing my solutions experience to the team and being part of such an innovative and dynamic organisation as the business continues to extend its global reach.”
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