RegulAItion appoints CTO to target Asia as part of global expansion plans

Data platform company, RegulAItion, has appointed financial services technologist Paul Lee-Simion as its first CTO to meet the “incredible demand” for its break-through AIR platform. 

An industry stalwart with more than 30 years’ leadership experience in financial services, Lee-Simion will be based in the pioneering company’s new Singapore office to meet demand in the Asian markets and support international expansion. 

Lee-Simion is an acknowledged entrepreneur and global leader with over 20 acclaimed industry awards. He has held senior positions including CTO, Head of Architecture, Head of Innovation and Head of Engineering at some of the world’s largest financial institutions including DBS Bank, UBS, Deutsche Bank and Standard Chartered.  

With a decade of working in Asia, including China, Hong Kong and Singapore, Lee-Simion brings additional international experience to RegulAItion. The company plans to open its Singapore office in 2021 to accelerate the roll out of its AIR Platform to the Asian financial and professional services community. Lee-Simion reports directly to and works closely with CEO Sally Sfeir-Tait, also working in tandem with Head of R&D, Hirsh Pithadia, who developed the first prototype blockchain system for UK banks to report digitally to regulators in 2017. 

RegulAItion’s AIR Platform won the MAS Global Fintech Hackcelerator in 2020. The AIR platform blends federated learning, privacy enhancing techniques, blockchain and AI in order to transform the way in which organisations across the globe access data and insight. It previously demonstrated the platforms potential in Singapore by working with a leading global insurer, to improve risk models and create potential seven-digit profitability improvements. 

Sfeir-Tait comments: “Paul is a true industry leader. He has a proven track record of delivering successful commercial solutions with a heightened focus on security and privacy. We’re experiencing incredible demand from multiple sectors across different jurisdictions. Paul will play an instrumental role in accelerating the deployment of the AIR Platform globally and in establishing our on the ground presence in Singapore.” 

Lee-Simion adds: “Operational today, but designed for the future, RegulAItion is developing a data infrastructure for every organisation, in any sector, to access data for analytics.  As a technologist, it doesn’t get any bigger or more exciting than this and I’m proud to be part of this fantastic team.”