Canadian RegTech Association Welcomes New Board Member, Strategic Advisors

​The Canadian Regulatory Technology Association (CRTA) is pleased to welcome to the CRTA Board of Directors its newest member, Matt Fowler. He replaces Wendy Rudd who joins three new CRTA Strategic Advisors.

​​The CRTA brings together all stakeholders in the Canadian RegTech ecosystem – including regulators, regulated entities and technology firms – to facilitate dialogue, raise standards, and promote growth and innovation. As a neutral party, the CRTA seeks to support the use of technology to make compliance easier, and more efficient and effective.
 
CRTA founder and Board Chair Donna Bales said, “Matt broadens our Board by bringing further machine learning expertise and hands-on experience in the ethical use of artificial intelligence (AI) as a result of his most recent role with TD Bank supporting the integration of, and deployment of solutions built by, Layer 6, TD’s AI division.”  She added, “I’m very grateful to Board member Wendy Rudd, who provided significant assistance and guidance to the Association over her two-year term, as our membership grew by 200% while quickly moving to online information sessions to support professionals working from home during COVID.”
 
Donna also expressed the Board’s appreciation for Wendy’s offer to continue as a Strategic Advisor to the CRTA.  She joins the CRTA’s latest Canadian RegTech Strategic Advisor cohort of three practitioners and thought leaders who bring experience in the areas of anti-money laundering (AML), financial regulation, risk, and data management.  They are: Mike Ecclestone, Senior Director – Financial Risk Management at KPMG Canada; Tina Mithra, Founder and CEO of Genesis Risk Consulting; and Eleanor Morrison, Managing Director – Credit and Market Risk Technology with TD Securities.
 
For more, please see the information below and visit the CRTA website: www.canadianregtech.ca
Media Contact:  Donna Bales – donna@canadianregtech.ca / 647-530-8380 
 
The Canadian Regulatory Technology Association
The CRTA is a not-for-profit organization focused on solving regulatory challenges through collaborative efforts among key RegTech stakeholders: regulated entities, technology vendors, regulatory bodies, government, and professional service providers. The goal is to facilitate dialogue, raise standards, and promote growth and innovation within the Canadian RegTech ecosystem. The organization endeavours to solve regulatory challenges through collaborative discussion and engagement in proof-of-concept initiatives.
 
Meet our new Board Member and Strategic Advisors
 
Board Member:  Matt Fowler
Matt is an innovation and business transformation leader with over 20 years’ international financial service experience. He has significant experience in the broad use of data and AI in financial services focusing on fairness, transparency. In his previous role as Vice-President, Enterprise Machine Learning at TD Bank he led creation of the TD’s AI Principles, ensuring ethical considerations are applied at all stages of the development lifecycle.  He sponsored development of the TD’s 2019 white paper, Responsible AI in Financial Services, and authored the TD’s view on AI opportunities and the risks to address when using AI.  As well, he built and led the team that identified, scoped, sized, and prioritized machine-learning opportunities with TD’s AI division and business stakeholders.  Prior to joining TD Securities in 2009, he held senior roles at Bankers Trust (London), Deutsche Bank (London/Frankfurt) and CIBC (Toronto).  Matt said:  “It’s a real pleasure to join the CRTA as it grows from strength to strength.  I’m passionate about the fair, transparent, accountable use of data and AI, and it’s a great opportunity to help the CRTA and Canadian RegTech ecosystem advance in the safe use of this game-changing technology.”
 
New Strategic Advisors
 
Mike Ecclestone
Mike, Senior Director – Financial Risk Management at KPMG Canada, is a regulatory and financial risk professional with over 20 years of experience in financial services, including senior roles in regulatory compliance, AML/counter-terrorism financing (CTF), and corporate governance at regulated financial institutions. As a practicing corporate lawyer, Mike has extensive expertise in financial services law and regulation relating to AML and financial crime, as well as privacy and data protection.  Mike said:  "The challenges financial institutions face when managing risks and staying resilient through shocks and changes require us not only to be experts in our field, but also to be agile, adaptive, and progressive.  I’m pleased to join the CRTA’s Strategic Advisors, where I can bring my legal, regulatory, and financial knowledge to focus on RegTech solutions.”
 
Tina Mithra
Tina, Founder and CEO of Genesis Risk Consulting, is a trusted advisor and an accomplished banking executive with over 20 years in the Canadian financial services industry.  Possessing extensive expertise in front-line business, compliance, risk management, and internal audit functions, Tina has a solid track record of integrating business objectives and risk mitigation through innovative technology solutions.  She previously worked at CIBC as the Head and Vice-President, Personal, Small Business and Enterprise-wide Compliance.  Tina said:  “Many see technology as a complex and costly headache; I see it as a way to automate, simplify and strengthen processes and controls.  By helping surface new RegTech developments, the CRTA offers a real opportunity to connect organizations of widely varying sizes and risk appetites with the solutions they need to comply as they build their businesses.”
 
Eleanor Morrison
Eleanor is Managing Director – Credit and Market Risk Technology at TD Securities, with two decades of energy and finance management experience in the public, private, and governmental sectors. Her expertise includes capital markets trading, enterprise risk management, asset pricing models, econometric modeling, energy and financial market regulation, project financing, energy system economics, climate change mitigation, and renewable energy economics. She has worked in the banking sector at Goldman Sachs and Lehman Brothers, the utility sector (BC Hydro), and in a mobile banking tech start-up environment.  Eleanor said: “Joining the CRTA as a Strategic Advisor allows me to combine my two interests:  academic excellence and my passion for finding innovative and practical solutions to real-world challenges.  I am pleased to be joining such a diverse and talented group.”