Strevus Announces Board of Advisors

Strengthens Leadership Team to Help Drive Regulatory Compliance Solution to Global Financial Institutions

SAN FRANCISCO--()--Strevus Inc., a provider of compliance lifecycle management solutions for financial service institutions, today announced that it has established a board of advisors. Comprised of financial service professionals, privacy specialists and technology leaders, this team of experts will provide guidance and assist the Company in developing products that enable financial institutions to easily and securely collect compliance-related information from clients while reducing operational costs and enhancing their client relationships. Strevus's board of advisors includes:

  • Richard Gordon: Richard has extensive investment banking experience. He is currently Managing Director at Citi in London where he is the Global Head of Investor Services Operations. Prior to that, Richard was Managing Director at Deutsche Bank in London where he was COO of the Risk Division.
  • Dale Richards: Dale, a recognized leader in the financial data industry, is a founder of the EDM Council, a successful technology entrepreneur, former Chief Data Officer & President of Enterprise Data at SunGard, and CEO at FAME Information Services. Currently, Dale is Managing Director of Island 20 Ventures, an information strategy management advisory; Board member of LookBookHQ, a cloud-based content-marketing solution firm; and a member of the advisory board of Datagenic, a European data solutions provider for Utilities, Oil & Gas. Prior to Island 20, Dale was President and global head of Data Strategy at First Derivatives plc in North America.
  • Peter Swire: Peter is a recognized authority in privacy-related legal and regulatory matters, and how they apply to business and electronic communication. He was one of five members of President Obama’s Review Group on Intelligence and Communications Technology. He is currently a professor at the Georgia Institute of Technology in the Scheller College of Business, a Senior Fellow with the Future of Privacy Forum and the Center for American Progress, Policy Fellow with the Center for Democracy and Technology, and former co-chair of the Do Not Track standards process at the W3C.
  • Bill Unger: A veteran venture capital investor in technology start-ups, Bill advises privately held companies, including Strevus, Berkeley Design Automation, D2S, MyDream, Tarana, Visualon and FirstRain. He also serves on the board of CARE USA.
  • Sanjay Vaswani: Sanjay Vaswani is a Managing Director of CCI, which develops and conducts ongoing executive forums limited to CEOs, presidents, and senior executives of major technology and healthcare organizations across the US. He serves on the boards of Brocade Communications Systems, Blue Star Infotech, ReSurge International, Silicon Valley Community Foundation and SFJAZZ.
  • Stanley Young: Stanley is the President and Co-Founder of MathMoneyFX. He currently serves on the Board of Carnegie Mellon University's Technology Commercialization and Holding Company, Carnegie Innovations, as well as on Clearmodel, an asset of Carnegie Innovations. He was most recently the CEO of Bloomberg Enterprise Products and Solutions and prior to that CEO of NYSE Technologies.

"Mounting pressures such as the Foreign Account Tax Compliance Act (FATCA) are driving rapid increases in the data management burden for financial institutions,” said Stanley Young, a member of Strevus's Board of Advisors. "Using Strevus’s solution, financial service teams can get accurate client information from the clients themselves, and in a manner that improves these client relationships while ensuring adherence to the myriad of current and future compliance regulations. I am thrilled to be part of such an impressive group and look forward to helping them continue to offer progressive regulatory compliance solutions to the worldwide market."

"Financial services organizations struggle to comply with global mandates such as KYC, AML, Dodd-Frank, EMIR, FATCA and the OECD Automatic Exchange of Information initiative (AEoI). These regulations have created unprecedented data management challenges for companies, requiring them to collect, monitor and maintain up-to-date, proprietary information to meet a constantly-changing set of requirements," said Ken Hoang, CEO and Co-Founder of Strevus. "Our advisory board members are uniquely qualified to help us meet these ongoing compliance challenges, and will be instrumental in helping us develop solutions that facilitate communication, validation and reporting of compliance information among organizations’ clients, counterparties and regulators."

About Strevus

Strevus, Inc. provides a patent-pending compliance lifecycle management solution that enables financial institutions to gather, track and report information among counterparties, clients and regulatory agencies. Strevus helps institutions gather critical information to adhere to global financial regulations and remain compliant while growing their business and enhancing their client relationships. For further information, visit http://www.strevus.com/ or call 1-415-704-8182.

Contacts

McCoin & Smith Communications Inc.
Chris McCoin, 508-429-5988
chris@mccoinsmith.com
Richard Smith, 978-433-3304
rick@mccoinsmith.com

Release Summary

Strevus Announces New Board of Advisors -- Expanded Leadership Team to Help Drive Regulatory Compliance Solution to Global Financial Institutions

Contacts

McCoin & Smith Communications Inc.
Chris McCoin, 508-429-5988
chris@mccoinsmith.com
Richard Smith, 978-433-3304
rick@mccoinsmith.com