TORONTO, August 6, 2020 – The Canadian Regulatory Technology Association (CRTA) is pleased to welcome Paul Childerhose to the CRTA Board of Directors, and Myron Mallia-Dare and Ally Karmali as 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.
Commenting on these appointments, Donna Bales said, “We continue to strengthen our leadership team with these recent appointees, who are highly experienced practitioners and thought leaders in Canadian RegTech.”
“We are thrilled to welcome these accomplished gentlemen to the CRTA team. Their experience and passion for innovation will be extremely helpful as we strive to achieve our goals,” added Wendy Rudd.
Paul is a highly accomplished and results-oriented leader who is recognized for his expertise in the successful development and implementation of complex regulatory transformation programs. During his tenure at RBC and Scotiabank he led efforts to design & implement data-governance programs that were developed in response to regulatory requirements from BCBS, OSFI, FinTRAC, US-SEC, NY-Fed and NY-DFS. Through his Toronto-based consultancy, Maple Peak Group, Mr. Childerhose is now working closely with Montreal-based SaaS firm and CRTA member Prodago, where he is advising on the development and commercialization of a new service offering. Commenting on his appointment, Paul said, “Looking back over the year since I began volunteering with the CRTA, I am grateful for the opportunity to be part of this new and much needed community of leaders and change-makers in the RegTech ecosystem. This is a community that is growing rapidly in its influence, not only here in Canada but through its ability to create visibility for our technology innovators on the global stage.”
Myron is a business lawyer at Miller Thomson LLP with significant experience in the technology sector. His practice focuses on domestic- and international mergers and acquisitions, venture capital and corporate finance. He advises on complex technology transactions in the areas of artificial intelligence, cloud computing, FinTech, cybersecurity and blockchain. He focuses on providing responsive, creative and customized advice that aligns with his clients’ goals. Myron routinely writes and speaks at various conferences on topics relating to emerging technologies, such as AI, FinTech and cybersecurity. He has co-authored chapters of books written by global leading experts in the areas of AI and cloud computing. “RegTech is a game-changer that is redefining the regulatory landscape and transforming compliance. I look forward to helping the CRTA promote growth and innovation in the sector,” Myron commented.
Ally is an Associate Partner and Practice Lead for Risk and Compliance at IBM Canada. His practice focuses on applying exponential technologies such as artificial intelligence, quantum computing, advanced analytics, blockchain and intelligent workflows to help organizations transform their compliance and risk management. Ally has over 13 years of risk and compliance expertise working for financial institutions across Canada, Asia and the Caribbean. Earlier, as a regulator, he helped develop and implement prudential regulatory policies for multi-national banks and investment managers. “The CRTA plays an important role in recognizing the growing importance and contributions of RegTech companies and entrepreneurs in Canada. I’m thrilled to have the opportunity to advance the application of RegTech by Canadian financial institutions,” Ally said.
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.
For more information please see the CRTA website: www.canadianregtech.ca
Media Contact: Donna Bales – email@example.com / 647-530-8380
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