Arctic Intelligence appoints Darren Cade as CEO
RELEASE DATE 5 NOV
5 NOV 2020 – Global RegTech firm Arctic Intelligence is accelerating into its next phase of growth with promoting Arctic’s longstanding COO, Darren Cade to CEO, taking over from Anthony Quinn, Arctic’s Founder.
As Arctic’s COO for the last 4 years, Darren has successfully led the product, technology, finance, and customer service teams and has an extensive risk management background having spent over 20 years in risk and operational leadership roles at Macquarie Bank, Deloitte, and EY. Darren has served as a key member of Arctic’s executive leadership team and has been instrumental in building and leading core parts of Arctic’s business.
Anthony Quinn, Arctic’s Founder, and majority shareholder will support Darren and the team, as a Board Director, but also through a renewed focus on growing and building strategic alliance partnerships and key account relationships, investor relations and capital funding, as well as, promoting the adoption of Arctic’s award-winning RegTech solutions globally.
Quinn said “This is a very exciting time to be at the center of innovation in the financial crime risk management space and more than 5 years on since founding the business I remain incredibly passionate about the problems Arctic is trying to solve and am very proud of the teams achievements in helping our clients strengthen their defenses against financial crime”.
Quinn added “The Board and I are delighted that Darren has taken up the CEO role and having known and worked with Darren for more than 15 years, I am confident that he will do an outstanding job in leading the team and driving the business forward to even greater achievements in the future”.
Having launched its technology to market in 2018, Arctic Intelligence has already amassed hundreds of clients globally on its AML Accelerate solution, across a variety of sectors from financial services, gaming, fintech and management consulting and has been steadily building strategic relationships with channel partners. As CEO, Darren will now focus on driving growth in key markets and industry sectors to continue to scale up the business.
Cade commented, “I’m excited by the opportunity ahead for Arctic and to help our customers tackle financial crime in a smarter way. We have a fantastic team and technology foundation to build on, to tackle this global challenge. Our immediate focus will be scaling growth in the UK, North America, and our home market of Australia”.
Name: Mia Axalan
Position: Marketing Manager
Arctic Intelligence Company Overview
Headquartered in Sydney, Australia, Arctic Intelligence is a privately owned, globally focussed RegTech firm that specialises in financial crime risk assessment technology.
Arctic Intelligence has developed three leading cloud-based software solutions that leverage technology to re-engineer the way in which major financial institutions and other regulated businesses manage their financial crime risk and compliance programs.
Arctic Intelligence Solution Suite
AML Accelerate – A cloud-based, integrated approach to assess and manage enterprise money laundering and terrorism financial risks. Designed for small to medium sized regulated entities.
Risk Assessment – A cloud-based configurable enterprise risk assessment solution for larger complex entities designed to assess the financial crime risk and control framework.
Health Check – An assurance workflow solution for larger complex entities and their consultants to assess the effectiveness of their financial crime compliance programs.