Ripjar, a leading provider for monitoring and investigating threats, risks and criminal activity, today announces the appointment of Steve Hadaway as Chief Revenue Officer.
Steve has over 25 years of knowledge working within enterprise software. He has significant experience in fraud prevention, financial crime compliance and using analytics to solve complex business problems. He will lead Ripjar’s global revenue and growth strategies, supporting both existing and new customers as they navigate an increasingly complex compliance landscape.
The appointment comes at a time when firms are under increased scrutiny to ensure they are using the appropriate technologies to tackle money laundering, terrorist financing and a range of other risks. This means implementing tools that have been purpose built for enhanced risk detection and threat analysis, such as Ripjar’s umbrella of RiskGPT solutions, that manage risk profiles. This includes Politically Exposed Persons (PEPs) and sanctioned individuals potentially involved in criminal activity.
Ripjar was recently ranked highly in Chartis’ Financial Crime and Compliance 50, and Steve will engage with customers to showcase how its award winning products can transform compliance outcomes. Ripjar’s Screening solution was recently named Financial Crime Product of the Year, thanks to its enhanced features, which include AI Risk Profiles, AI Summaries, and its most recent innovation: the AI-powered Compliance Copilot.
Steve Hadaway, CRO at Ripjar, said: “Compliance teams are under increased pressure to deal with new threats - both in terms of regulatory changes and complex attacks brought about by the rise of new technologies. Ripjar’s innovative use of AI to fight back against this tide of sophistication is incredibly exciting and the company has always been ahead of the curve - and therefore, ahead of the criminals too.
“I believe my experience of working with firms in heavily regulated industries puts me in good stead to further develop Ripjar’s proposition across new markets while supporting previously established ones.”
Tom Obermaier, CEO at Ripjar, says: “Steve joins the team at a very exciting time for the company as we harness cutting-edge AI to turn overwhelming data, both structured and unstructured, into precise, actionable insights. His vast experience will be invaluable as we look to expand our operations into new markets and empower our customers worldwide with enhanced intelligence to help their compliance teams fight back against financial crime.”