back Back

Encompass Corporation appoints Dr. Henry Balani to head Global Affairs

By Edlyn Cardoza

November 18, 2021

  • AML
  • Dr. Henry Balani
  • Encompass Corporation

Encompass Corporation, KYC, AML, Global Head of Industry & Regulatory Affairs, UK, USAEncompass Corporation, a leading provider of Know Your Customer (KYC) and Anti-Money Laundering (AML) software, has appointed Dr. Henry Balani, a seasoned financial services executive and academic, to the role of Global Head of Industry & Regulatory Affairs, where he is responsible for developing and maintaining relationships with regulators, initiating research into crucial market issues, informing product strategy, and representing the company on a global scale.

This news comes just one month after Encompass Corporation announced its major expansion into the US, with office headquarters in New York. While Dr. Balani will be based in the US, he will oversee operations across all territories.

Dr. Henry Balani has over 28 years of financial services experience covering regulatory technology and consulting industries. In his previous role at Encompass Corporation, he directed client-related delivery activities and ongoing use of the platform as Head of Delivery Services & Customer Success,

In his current role as Global Head of Industry & Regulatory Affairs, Dr. Balani advocates Encompass’ efforts amongst leading industry analysts and regulatory agencies, driving critical conversations about better addressing financial crime through regulatory technology solutions.

He speaks at global regulatory compliance conferences, has consulted with international government agencies, including the IMF and the World Bank, and guided emerging money laundering channels, including trade finance, cryptocurrency, real estate, and high-value assets.

In his capacity as an academic, Dr. Balani lectures on international management and financial crime compliance and publishes research related to the impact of AML penalties and regulations on banking sector valuations in the US and Europe.

Dr. Henry Balani, Global Head of Industry & Regulatory Affairs, comments: “These are exciting times for Encompass Corporation, which in the last two years has made important hires, expanded into new markets and improved its services at a time when KYC and AML technology has become more important to managing regulatory requirements, streamlining services, and tackling financial crime, than ever before.

“There are yet more exciting developments on the horizon, and I am thrilled to be leading Global Industry and Regulatory affairs in my new position, where I can leverage my relationships, apply my wealth of experience and passion for academic analysis and research on a global scale to tackle major challenges related to financial crime.”

Previous Article

November 18, 2021

IndusInd Bank launches a one-stop mobile app for merchants

Read More
Next Article

November 18, 2021

Mswipe partners with OneCard to offer EMI at POS

Read More

IBSi Daily News Analysis

digital wallets

March 01, 2024


Banking Sector and regulatory framework: addressing India’s growing demand for secure lockers

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 01, 2024

FinTech Focus: Catch latest developments of the week

Read More

February 29, 2024

RegTech Napier AI lands £45m investment from Crestline

Read More

February 28, 2024

Owlin launches AI-based Due Diligence solution for banks

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023