ENComplyAdvantage Prepares for Next Phase of Growth, Hires Paul Kizakevich as CRO
An executive with extensive AI leadership experience, Kizakevich will focus on the company’s continued global expansion
(New York) September 12, 2024 — ComplyAdvantage, the leader in financial crime intelligence, today announced that it has named Paul Kizakevich as chief revenue officer (CRO). A proven executive who has held senior commercial roles in scale-up and enterprise organizations over the past 25 years, Kizakevich brings deep AI and high-growth leadership experience to ComplyAdvantage. His appointment comes as the financial crime industry is in significant transition, driven by up to $2 trillion in annual losses and the imperative to harness the power of next-generation technology to regain an advantage over criminals.
“We continue to see increased demand from large enterprises, all of whom are unhappy with the status quo and are looking to improve efficiency and efficacy by evolving from overly manual, inefficient, on-premise financial crime risk management solutions,” said ComplyAdvantage CEO Vatsa Narasimha. “Paul’s impressive record of accelerating growth for AI-driven, cloud-native, risk and security companies will be critical as we demonstrate the value ComplyAdvantage can bring to those global customers.”
Kizakevich joins ComplyAdvantage from AI-augmented software testing automation platform Katalon, where he served as president and CRO. Katalon was featured on Deloitte’s 2023 Technology Fast 500™ thanks to its 3,482 percent revenue growth in the preceding three years. Prior to that, he was CRO at ASAPP, an AI-driven customer interaction platform delivering more than $100M in operational efficiency gains for Fortune 100 organizations. Kizakevich was also a senior vice president at the real-time customer experience and security platform ThousandEyes (now part of Cisco after an approximately $1B acquisition), working with global financial services companies, such as JPMorganChase, Bank of America, and Lloyds.
At ComplyAdvantage, Kizakevich will oversee the global commercial organization to increase global market penetration, invest in its thriving partner ecosystem, and ensure material success for its 1,600 customers. His appointment also reflects the company’s momentum in the U.S. market. Eric Lightfoot, VP of sales, also joined ComplyAdvantage in April 2024 to help further accelerate growth in this market.
“ComplyAdvantage has an impressive track record of using AI to disrupt the fraud and anti-money laundering market,” Kizakevich said. “The company’s team of dedicated individuals is focused on providing the technology, data, and insights to help customers manage their risk exposure and fight financial crime. I am thrilled to join this group of extraordinary people to help the company achieve its vast potential.”
This announcement follows ComplyAdvantage’s recent acquisition of Golden and continued product momentum. The company was again placed in G2’s Leader Quadrant for Anti-Money Laundering solutions, recognizing the consistently strong customer feedback on its products.
About ComplyAdvantage
ComplyAdvantage is the financial industry’s leading source of AI-driven financial crime risk data and fraud detection technology. ComplyAdvantage’s mission is to neutralize the risk of money laundering, terrorist financing, corruption, and other financial crime. More than 1,300 enterprises in 80 countries rely on ComplyAdvantage to understand the risk of who they’re doing business with through the world’s only global, real-time database of people and companies. The company identifies thousands of risk events daily from millions of structured and unstructured data points.
ComplyAdvantage has five global hubs in New York, Lisbon, London, Singapore, and Cluj-Napoca and is backed by Andreessen Horowitz, Goldman Sachs, Ontario Teachers’ Pension Plan, Index Ventures, and Balderton Capital. Learn more at complyadvantage.com.
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ComplyAdvantage
Will Thompson