Seasoned Financial Services Executive Added to Scale Operations
ROCKVILLE, MD—September 6, 2018— StarCompliance, an industry leader in compliance monitoring solutions, today announced that it is continuing to strengthen its executive team with the appointment of Edward Vincent, CFA, a 20-year leader in capital markets, insurance and regtech, as Star’s new Chief Operating Officer. Vincent will be responsible for Star’s customer interactions ensuring all products, processes and functions are aligned to create value for Star’s blue chip customer base.
Vincent comes from Shore Group Associates, a global provider of data solutions to the financial services industry, where he most recently served as Partner and President. During his tenure at Shore Group, Vincent led the growth of their professional services business by scaling sales and delivery operations, while enacting a successful go-to-market program. Previously, Vincent spent seven years building, implementing, and supporting data, analytics and workflow solutions for the commercial insurance industry. He also served in strategic and operational leadership roles at Thomson Financial where he drove the expansion and transformation of product, services, and support teams.
“I am excited for the opportunity to work with Ed,” said Jennifer Sun, CEO of StarCompliance. “He brings a level of energy and enthusiasm that is contagious and inspiring. He will have a great impact on continuing to improve the customer service that we are known for.”
“It is an exciting time to be part of StarCompliance,” said Vincent. “Star is the clear leader in the industry and I look forward to bringing my operational experience to build upon that position, creating new value for customers and ensuring StarCompliance delivers the most effective and employee friendly compliance tools to the industry.”
StarCompliance is a portfolio company of Luminate Capital Partners, a private equity firm dedicated to investing in vertical applications, SaaS, back office and supply chain, marketing automation, e-commerce, data and analytics and software-enabled services. Luminate partners with each company to maximize its growth potential and sustain operational excellence.
StarCompliance is the leading provider of compliance technology solutions. Trusted globally by enterprise financial institutions, the intuitive STAR Platform empowers organizations to achieve regulatory compliance while safeguarding their integrity and business reputations. Through a customizable, 360-degree view of employee activity, the STAR software enables firms to automate the detection and resolution of potential areas of conflict while streamlining daily workflows and increasing efficiency. www.starcompliance.com
About Luminate Capital Partners
Luminate Capital Partners is a private equity firm focused on making investments in growing enterprise software companies. Luminate partners with management teams to provide flexible capital and operational support to drive strategy, accelerated growth and build long-term value. With headquarters in San Francisco, Luminate invests in portfolio companies that serve customers globally. Representative investments to date include AMTdirect, Comply365, Conexiom, Fintech, Oversight Systems, PDI and StarCompliance. www.luminatecapital.com.