Solidatus appoints Lorraine Waters as its first Chief Data Officer

By Megha Bhattacharya

Solidatus has announced the appointment of Lorraine Waters as its first Chief Data Officer. She will actively develop the product to meet stakeholder needs, market opportunities, and upcoming challenges. Waters will take the lead in convening a new Solidatus Customer Advisory Board, and will provide support to the business in the areas of data privacy, ESG and financial crime risk management.

Lorraine Waters, CDO, Solidatus commented, “I have felt an affinity with the Solidatus team and the product for a long time since I first brought it into HSBC. We quickly recognised the platform’s innovative and effective approach to a data sharing and data privacy problem we didn’t believe could ever be fully and efficiently solved. I was blown away by its potential to solve difficult data problems like data lineage for financial crime and traceability for ESG, but also by its simplicity and sheer efficacy, which isn’t an easy task when handling such extensive and sensitive organisational data. The chance to develop such a truly industry-leading solution was one I couldn’t pass up”.

Previously, Waters held various roles within HSBC, spanning Chief Data Officer for Global Compliance, Financial Crime and Regulatory Compliance, Interim Chief Data Officer (US), and Group Head of Data Governance and Deputy Group CDO. Prior to HSBC, she worked at a number of global banks and was Global Head of Data Management at RBS.

Philip Miller, Co-CEO of Solidatus, said, “Lorraine is a visionary whose view of the future of data aligns perfectly with ours. Having already dealt with some of the hardest data jobs in the world, she is ideally qualified to help us take the next steps in leading the data management revolution”.