Michael's addition strengthens Quantifind's strategic
leadership team and is poised to drive further AI
innovation.
SAN
JOSE, Calif., June 20,
2024 /PRNewswire/ -- Quantifind, the proven AI
leader in Risk Intelligence, is thrilled to announce a significant
milestone in enhancing its strategic leadership team. Michael Shepard, Deloitte's global Financial
Crime executive, has retired from Deloitte and is joining the
Quantifind advisory board.
Michael Shepard is an
internationally recognized financial crime risk management
executive with 37 years of experience. Over his distinguished
career, he was a principal at Deloitte for 18 years and was the
global Financial Crime leader for the past six years. Before
joining Deloitte, he was the BSA Officer and head of Financial
Crime Compliance and Deputy General Counsel at Commerce Bank, N.A.,
a partner in the White-Collar Criminal Defense practice at Blank
Rome LLP, and a federal prosecutor at the US Department of
Justice.
As a Deloitte Forensic & Financial Crime principal, Michael
assisted client executives and boards of directors at financial
institutions and FinTechs in navigating financial crime and
sanctions risk management and operational and regulatory
challenges. His extensive experience provides deep industry
insights to drive innovative technology adoption, which is critical
as the field witnesses Artificial Intelligence challenge the status
quo in regulatory expectations and software capabilities.
"I am thrilled to join Quantifind and its exceptional team, said
Michael Shepard. Quantifind has
pioneered the most advanced technology, harnessing artificial
intelligence to effectively identify criminal and financial risks.
Many financial institutions and companies still rely on outdated,
rules-based, or manual risk management solutions that often fail to
detect high-risk behaviors, allowing criminals to evade detection.
Quantifind is revolutionizing this landscape, setting a new
standard in financial crime risk management."
Quantifind's best-in-class accuracy and scalability are already
disrupting AML workflows. Michael's expertise will help accelerate
this transformation, providing financial institutions significant
cost savings and higher efficacy in discovering criminal risks.
"Michael Shepard represents a
unique thought leader who can span strategizing the theoretical
future of financial crime enforcement to the practical
implementation of AI technologies in Tier 1 banks, said
Ari Tuchman, CEO of Quantifind. It's
truly a pleasure and a massive win for Quantifind to work closely
with Michael on our advisory board."
About Quantifind
Quantifind is the proven leader in AI-driven risk intelligence,
specializing in detecting and mitigating financial crimes at scale.
Serving top organizations across both public and private sectors,
Quantifind delivers unmatched accuracy, speed, and scalability. Our
advanced AI technologies provide unparalleled effectiveness in
identifying potential risks that reduce false positives by over
95%, cut triage time by 50%, and deliver real-time analysis of the
latest data. This enables customers to collaborate with trusted
entities and uncover risks efficiently to grow the business with
minimal interruption.
Media Contact:
Annalisa Camarillo
Executive Vice President of Marketing
408-472-3313
acamarillo@quantifind.com
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SOURCE Quantifind