Advertisement: Cambridge Network mid banner
16 November, 2021 - 20:32 By Tony Quested

Smart move as Featurespace strengthens top team in the Americas

With International Fraud Awareness Week underway, Cambridge crime prevention world leader Featurespace™  has timed to perfection the hire of a top gun for its thriving US operations.

The company has recruited Todd Raque as its leading anti-money laundering (AML) and financial crimes expert for the Americas.

Raque has nearly three decades of industry knowledge in financial crime and compliance; at Featurespace he will enhance the development and delivery of the company’s globally renowned ARIC™ Risk Hub. 

His AML, financial crime and law enforcement experience includes assisting US and global financial institutions with transformation initiatives within AML operations and governance programs, as well as effectively advising executive leadership on risk management, compliance and operations strategies within large national and international banks.

Raque’s role is to influence product innovation, sales and delivery across the Americas, helping to build on Featurespace’s positive momentum and acting as the voice of the customer within the business. 

Dave Excell, co-founder of Featurespace, said: “Todd's experience, understanding of AML technology and global trends, combined with his desire to innovate how machine learning models can make enterprise financial crime more effective, efficient and explainable, make him an invaluable addition to our team.”

Prior to Featurespace, Raque was a senior manager within AML Consulting at Deloitte, where he helped clients develop and implement sustainable compliance programs that met regulatory requirements.

He also provided advisory services in matters regarding AML compliance, the Bank Secrecy Act and Economic Sanctions.

His experience also includes enhancing, implementing and leading key aspects of AML and sanctions programs, and he was also involved in program assessments, policy development, strategic program initiatives, issue remediation efforts, Know Your Customer (KYC) and customer risk rating methodologies, and the development of model risk management and suspicious activity monitoring programs. 

Raque previously served as SVP, head of AML Governance and Strategy and Deputy BSA Officer at Citizens Financial Group, and a manager within Risk Consulting for AML Compliance at Crowe.

• As world leader in Enterprise Financial Crime prevention for fraud and money laundering, Featurespace has joined forces with the ACFE and organisations around the world in support of International Fraud Awareness Week (November 14-20).

Newsletter Subscription

Stay informed of the latest news and features