Complinet announcement of New CFO Appointment
London – 18 November 2008 - Complinet, the leading provider of connected solutions that deliver compliance intelligence to the financial services industry, has appointed Daryl Paton as chief financial officer based in London. Paton joined Complinet from Touchpaper, a £20m leading global provider of IT business management solutions, where he was CFO. Daryl has held the position of CFO of both privately held and publicly quoted organizations.
Prior to Touchpaper, Daryl served as chief operating officer and CFO of Hemscott, the international data group owned by Morningstar Inc. He has also served as CFO and commercial director of Telco Global Group, one of the fastest growing telecom companies in the UK; CFO of Eyretel, a UK listed global provider of voice and data recording services where he helped manage the sale of the business to Witness Systems in 2003; CFO of CMG UK, a division of CMG plc, the FTSE 100 software services company which employs more than 12,000 people worldwide; and CFO of Admiral Computing Worldwide and COO Admiral Software Limited, divisions of Admiral PLC, a FTSE 250 company with a turnover of £170m.
Paton, who is based at Complinet's City of London office, said: “Complinet is an exciting, fast growing and ambitious business. I’m looking forward to helping support and contribute to Complinet’s future growth and success.”
Chris Pilling, chief executive at Complinet, said: “Complinet continues to experience considerable success in a market that is both cost-conscious and committed to compliance. I am confident that Daryl’s experience in driving fast growing companies will be a valuable asset to Complinet and look forward to working with him.”
Paton is a chartered accountant and holds a BSc honours degree in biochemistry from Leeds University. He qualified with BDO.
About Complinet
Complinet is the leading provider of dynamic and connected risk and compliance solutions to the global financial services industry.
The company’s solutions minimise exposure to risk by providing the information and technology to track and connect live external events, such as regulatory or sanction changes, with internal policy management and screening activities.
Complinet was founded in 1997 and has offices in New York, London, Sydney and Dubai. Every day, industry professionals in more than 1,600 firms across 81 countries rely on Complinet to provide information, analysis and solutions that help them keep pace with changing regulations.
