WILMINGTON, Del.--(BUSINESS WIRE)--Regulatory Data Corporation Inc., (RDC) a leading global provider of decision-ready intelligence and risk and compliance protection services, today announced the appointment of Frank R. Sanchez to its Board of Directors. As part of a three decade track record of developing innovative, technology-based solutions enhancing banking industry efficiency, Sanchez was chief architect of one of the industry’s most successful e-banking platforms installed in hundreds of financial institutions around the world.
“I am delighted Frank has agreed to serve on RDC’s Board,” said Thomas Obermaier, Chief Executive Officer of RDC. “Frank’s industry experience and understanding of the technology behind how and where money moves will complement the perspectives of our existing board members. RDC is fortunate to be able to call on Frank’s keen insights and experience as we help our customers meet their increasingly complex regulatory burdens, and their need for technology solutions for compliance.”
“The work that RDC is doing in the intelligence and compliance arena is second to none,” said Sanchez. “Now that we have entered a regulatory age it is more important than ever for financial institutions and corporates to use innovative tools to assess their risk profile in an actionable and efficient manner. RDC is led by the strongest team in the industry, and I am pleased to help drive the compliance technology evolution.”
Sanchez currently serves as the CEO of OurBond, Inc., a technology and business services company that builds integrated online and offline communities for both corporate clients and consumers. Prior to OurBond, he was President of Strategic Solutions at Fidelity National Information Services Inc. and served as Chief Executive Officer of Sanchez Computer Associates Inc. Sanchez attended the University of Connecticut where he studied Astrophysics and Finance.
About RDC
Regulatory Data Corporation Inc., also known as RDC, delivers powerful, decision-ready open source intelligence and world-class risk and compliance protection, allowing global organizations to identify banned/suspect entities, strengthen fraud protection, ensure regulatory compliance, manage supply and distribution risk, and protect their brand equity. With the world’s largest open source risk-relevant database, RDC provides AML/KYC compliance; Politically Exposed Persons (PEP) protection; emerging market intelligence; corruption, fraud and crime protection; vendor screening and monitoring; and credit risk monitoring to a wide range of clients worldwide. Founded by 20 of the world’s leading financial institutions, today RDC is also a Bain Capital Ventures and Goldman Sachs portfolio company. For more information, call (888)533-1181.
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