ComplyAdvantage appoints Nabeel Vilcassim as CFO and Oliver Furniss as CPO

By Joy Dumasia

ComplyAdvantage, a global data technology company transforming financial crime detection, announced two new executive hires, including Nabeel Vilcassim as the company’s Chief Financial Officer (CFO) and Oliver Furniss as Chief Product Officer (CPO). Both will report directly to Vatsa Narasimha, Chief Operating Officer of ComplyAdvantage. 

As CFO, Nabeel will oversee all areas of the finance organisation, including the finance function, corporate development, compliance, and investor relations. Nabeel joins ComplyAdvantage from Moelis & Company, where he served as Managing Director and Head of EMEA FinTech. 

Nabeel brings over 15 years of investment banking and corporate finance experience advising global financial services firms, FinTech and market infrastructure firms on M&A, financing and strategic investment transactions. Nabeel started his career at Citigroup, covering the European financial services sector. He holds a Masters in Electrical & Electronic Engineering from Imperial College London.

Nabeel Vilcassim said: “This is a phenomenal time to join ComplyAdvantage as the opportunities ahead of us are tremendous. With strong business fundamentals and a growing global demand for our hyperscale counterparty risk intelligence technology, we sit at the nexus between innovation, regulatory compliance and the future of compliance. So, I am exceptionally excited to be part of a team that will help companies to transact with the greatest amount of integrity.”

As the company’s newly appointed CPO, Oliver will oversee all aspects of the company’s solution set, from ideation and optimisation to market availability. In addition, Oliver will also lead efforts to expand data and enhance AML and risk intelligence gathering from the company’s proprietary knowledge graph.

Before joining ComplyAdvantage, Oliver was most recently CPO at Dojo, the UK’s newest card payment acquirer, helping businesses take payments face to face and online and get access to their money fast. Previously, Oliver served as Product Lead at Wise and Global VP Product at Xero. He holds a bachelor’s degree in economics and financial services from Nottingham Trent University.

Oliver Furniss said: “I chose to join ComplyAdvantage because of the exciting mission the company is working on. By leveraging the power of hyper-scale data and machine learning, we have the opportunity to help our clients not only reduce their exposure to money laundering instances but also help accelerate growth with greater integrity. It’s a great position to be in.”

IBS Intelligence reported that Raisin DS’s servicing bank, Raisin Bank AG, is teaming up with ComplyAdvantage, the leader in AI-driven financial crime risk detection, to scale its anti-money laundering (AML) program.