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London, June 4th – Napier AI, the London-based financial crime compliance RegTech firm, has appointed industry veteran Noel King as Chief Technology Officer to expand the company’s AI-enabled financial crime compliance software to combat money laundering.
King joins with decades of experience spanning tech strategy, cloud infrastructure and cybersecurity, having most recently served as the CTO at Implement Technologies and Shipyard Technology Ventures. He has previously leveraged innovative cloud-native platforms for global corporations like Mastercard and Goldman Sachs.
In the role, King will build financial crime compliance software products across client screening, transaction monitoring and transaction screening, helping high-profile financial institutions combat financial criminals and protect against losses. These solutions will provide even better detection against money laundering and significantly reduce the workload of compliance teams through API-first technology.
Greg Watson, CEO of Napier AI, said: “Our mission is to be the global leader in financial crime compliance software, and Noel is the perfect person to make that happen. His expertise in building and scaling technology companies will be invaluable as we continue on our exciting journey of helping financial institutions across the globe root out financial crime. Technology has a vital part to play in that and Noel’s leadership will help us double down on our tech vision and bring AI to the forefront of anti-money laundering.”
A customer-first approach and efficiency through AI are core pillars of Napier AI’s technology strategy for the next year. Noel will focus on building AI-enabled solutions that remain online for when financial institutions need them most, helping to future-proof compliance operations.
Noel King, Chief Technology Officer at Napier AI, commented: “Technology and software are our best defence against financial crime, and Napier AI is best positioned to solve that problem globally. We understand the challenges facing financial institutions. They’re tasked with screening large networks of transactions, people and businesses for malicious financial criminals in a landscape that’s growing increasingly sophisticated and complex. We want to build AI-powered tech solutions that wow customers, addressing their future plans and biggest pain points.”
As part of his appointment, King will also lead Napier AI’s Belfast centre of excellence, a new high-performing tech hub in Northern Ireland dedicated to the research and development of Napier AI’s AI-powered anti-money laundering technology.
As part of the centre’s mission, Napier AI is working closely with Belfast City Council on training and upskilling initiatives to create career paths and opportunities for people in the local area. These plans are set to expand to programming courses for young people in Northern Ireland.
King was previously named Irish Technology Person of the Year in 2018 and founded Coolest Projects to champion youth innovation in tech, making him the perfect driver of innovation across Northern Ireland and globally.
Photo by Shubham Dhage on Unsplash
