06/12/2009

Regulatory DataCorp Expands Executive Team


WILMINGTON, Del. (BUSINESS WIRE Regulatory DataCorp (RDC), a leader in compliance and risk mitigation technology, today announced two executive appointments that solidify the company’s senior management team and support RDC’s rapid growth.

Category: General
Posted by: rdcadmin
  • Tom Fogarty is named Chief Financial Officer, with responsibility for RDC’s overall financial strategy and reporting. Mr. Fogarty brings more than 20 years of financial experience from several technology companies, including Axeda Systems, where he was Executive Vice President and Chief Financial Officer, Ravisent Technologies, DecisionOne and Bell Atlantic, now Verizon (NYSE:VZ).
  • Tom Pirro is named Sales Director, with responsibility for executing RDC’s global sales strategies and customer relationship management. Mr. Pirro has been part of the compliance and risk mitigation sector for more than 20 years, previously serving as General Manager of the Compliance Data Center for Equifax (NYSE:EFX).

Mark A. Parsells, RDC Chairman and Chief Executive Officer, said, “As we pursue aggressive growth strategies, RDC is pleased to welcome Tom Fogarty and Tom Pirro to our management team. These recognized business leaders will accelerate the pace as RDC expands the reach and influence of its best-in-class compliance solutions. Both have deep experience helping organizations scale up to meet goals, and will help solidify RDC’s position as a global leader in risk mitigation and compliance technology.”

About Regulatory DataCorp

Regulatory DataCorp (www.rdc.com) was founded by Goldman Sachs and 19 other leading financial institutions and is the only regulatory compliance vendor built by the financial services industry. Bain Capital Ventures, LLC, a Boston-based private equity firm, became a lead investor in RDC in 2007. Today RDC offers the world’s largest database of open-source, risk-relevant records and an array of products and services that satisfy due diligence requirements and enable compliance with anti-money laundering (AML) laws, Know Your Customer (KYC) rules and related reporting requirements.