COMPLY Names Michael J. Stanton as New CEO
April 24 2024 - 9:30AM
Business Wire
Stanton to Lead Innovation and Operational
Excellence in Company's Next Growth Phase
COMPLY, a category leader of compliance software, consulting,
and education resources for the financial services sector, today
announced the appointment of Michael J. Stanton as Chief Executive
Officer. Stanton succeeds Amy Kadomatsu, who guided COMPLY through
a period of substantial customer and revenue growth and will
transition to the role of Board Advisor.
"I am honored to join COMPLY, a great team that has been
successfully delivering solutions to meet the critical needs of
global financial services clients,” said Stanton. “Our customers
face an increasingly complex regulatory landscape that demands
innovative solutions and COMPLY is positioned with its combination
of regulatory technology, services, and education to empower
compliance teams to mitigate risk and enable growth. I am thrilled
to lead the company's next phase of growth and expansion as we
focus on delivering ongoing product innovation and increasing
customer delight."
Stanton brings more than 25 years of experience leading
Software-as-a-Service (SaaS) companies through transformational
growth with a reputation for delivering product innovation and a
focus on customer experience. He joins COMPLY from FTV Capital
where he served as an operating advisor working with a range of
FinTech and B2B SaaS businesses. Prior to FTV Capital, Stanton was
Chief Financial Officer at Diligent Corporation, a leading
Governance, Risk, and Compliance SaaS provider that he helped grow
from $90 million to more than $600 million in revenue.
"It has been my immense honor to lead COMPLY, and I am proud of
our team’s many achievements, including delivering 400% ARR growth
over the last three years," said Amy Kadomatsu, outgoing CEO and
COMPLY Board Advisor. "I am thrilled to be passing the baton to
Michael, a leader who cares deeply about serving customers and
empowering teams. With Michael’s operational skills, vision, and
integrity I’m confident COMPLY will reach new levels of growth
under his leadership and drive impact in the compliance field."
"Michael’s appointment as CEO of COMPLY is an exciting move for
the company and the regulatory compliance technology space," said
Roy Liao, Principal at K1 Investment Management. "He has
distinguished himself as an accomplished operator with the ability
to couple product vision with operational discipline to drive
sustainable growth. With Michael at the helm, COMPLY is
well-positioned to extend its product leadership and empower
compliance teams through innovative software solutions. We'd also
like to thank Amy for her leadership over the past several years in
getting COMPLY to this point. Michael and the COMPLY team have our
full support as they embark on this next chapter."
COMPLY is capitalizing on increasing demand for regulatory
compliance solutions by extending its product range, sector
coverage, and advanced analytics capabilities. The company
currently provides its comprehensive enterprise compliance
platform, serving over 7,000 customers, including large
broker-dealers, hedge funds, and registered investment
advisers.
About COMPLY
As a global market leader in regulatory compliance solutions,
COMPLY combines the power of regulatory technology, services, and
education to empower Chief Compliance Officers (CCOs) and
compliance professionals to easily navigate the regulatory
landscape. COMPLY enables firms to scale their growth while
remaining vigilant in their compliance efforts by providing
solutions designed to manage the burden of complex compliance
tasks. Our deep bench of industry expertise – which includes
expansive knowledge in technology enablement and regulatory
compliance protocols and processes – supports more than 7,000
clients, including investment management firms, private equity
firms, hedge funds, broker-dealers, registered investment advisers,
and other financial service sector participants.
COMPLY continually supports clients in their work to proactively
address core compliance challenges – minimizing risk, addressing
critical priorities, and meeting new demands as the industry
evolves and the firm scales. Learn more at COMPLY.com.
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Media Contact: Lisa Throckmorton lthrockmorton@req.co