ROCKVILLE, Md., April 20, 2021 /PRNewswire-PRWeb/ -- StarCompliance ("Star"), a leading provider of compliance technology solutions to the financial services industry, today announced it's welcoming a new Head of Business Development to its leadership team. Steve Brown—a seasoned governance, risk management, and compliance professional—brings 25 years of experience advising financial firms on regulatory compliance. Star recently received a majority growth investment from Marlin Equity Partners, a global investment firm with over $7.5 billion of capital commitments under management, positioning it to pursue an aggressive growth plan including organic growth, inorganic growth, and strategic partnerships. Brown's expertise will play a key role in helping drive this growth, with a focus on go-to-market planning, data and vendor partnerships, channel sales, new markets, and mergers and acquisitions.
Brown comes to Star from Compliance Risk Concepts LLC, where he was Director of Broker-Dealer Client Services and a member of the firm's senior leadership team. Prior to that, he was a senior director at PwC for nine years, in the consulting firm's Financial Services Risk & Regulatory practice. Before PwC he was Managing Director, Head of Fixed Income and Capital Markets Compliance at U.S. Bancorp Investments, Inc. Brown started his career at Wachovia, where he was Managing Director and Head of Global Investment Banking Compliance and Control Group, and was responsible for advising and managing conflicts and material nonpublic information. Brown is considered a pioneer in the control room space, having established Wachovia's first formal control room function, and has helped countless other financial institutions establish and optimize their control room operations throughout his career.
"I've worked with Star formally and informally over the last few years," said Brown. "They have a great team and are constantly striving to make a difference in the regtech space. I look forward to contributing as Star continues on to its next phase of growth. It's an exciting time to come on board."
"We're an ambitious company with ambitious goals," said Star CEO Jennifer Sun. "We have been on the lookout for someone with Steve's background. Someone who has been a boots-on-the-ground compliance officer. Someone who has advised many large financial institutions on how to elevate and improve their compliance programs. He's going to be a huge asset to our clients, our product strategy, and our growth initiatives."
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StarCompliance is a leading provider of compliance technology solutions. Trusted globally by enterprise financial firms in more than 83 countries—including asset managers, investment banks, broker-dealers, PE firms, insurance companies, and stock exchanges—the STAR Platform empowers organizations to achieve regulatory compliance while safeguarding their integrity and business reputations. Through a configurable, 360-degree view of employee activity, STAR software enables firms to automate the detection and resolution of potential areas of conflict while streamlining daily workflows and increasing efficiency. For more information or a free product demo, please visit http://www.starcompliance.com.
Melissa Macatuno Director of Marketing, StarCompliance, +1 (240) 599-1098, [email protected]