My name is Joseph Assaf and have been in working in the financial industry for over 15 years.
It all started one day when Actimize (a financial crime startup at the time), contacted me to support their implementer at one of the biggest European banks in Paris. My role was to help with translations and support with work where needed, so nothing of high importance. I had no clue at the time what Options, Warrants, CDS and all those weird terminology mean. But that didn’t stop me from learning, especially that internet had become way more mature and provided lots of information.
For whatever reason, the implementer allocated to the client had to travel back to Israel. I thought that the project was over, and went on to find a new job. Suddenly, Actimize called me back and asked me to complete the implementation.
I was lucky, in the right place at the right time, but I am also grateful for the opportunity that was given to me. It allowed me to learn something completely knew, specialize in the fields of Market Abuse and AML/KYC, and stay on top of the latest trends in tech (relational DB, Big Data, Security, Webservers, Automation, Machine Learning, AI etc…), all of which as I realize now, are transferable skills.
Now, I support financial institutions with their Compliance Monitoring platforms:
- RFP support in selecting the best tool
- Implementation of monitoring tools
- ATL/BTL and model validation
- Supporting Data Scientists
- Refactoring candidate processes for automation, especially in the KYC domain.
I would love to meet you and your team and provide you a complementary 4 hours free of charge to identify/assess your pain points on your Compliance monitoring tools and see how they can be improved.
The end purpose is to reduce the total cost of ownership with highest return in quality and value
For example, on one recent automation project, I identified a highly manual process costing the client lots of time. After refactoring and automating it using technologies the client already possessed (SQL and windows Scripts), they got +11% ROI year zero without any IT overhead.
On another upgrade project, I helped the client reduce the licensing cost by 1 million EUR over 5 years by clearly identifying running costs, licensing type, potential future needs and current requirements.
I will be happy to discuss these and any other improvements with you.
Conform-X: knowledge of the Compliance world leading to tangible ROI.