CompliX Appoints Andrew Mainstone as CEO

CompliX provides technology aimed at helping financial institutions manage financial-crime, regulatory compliance and anti-money laundering risks. The leadership change comes as banks face tighter scrutiny and growing demand for tools backed by practical compliance expertise. The choice of chief executive is therefore significant for the company’s product direction and its ability to expand in a competitive financial-crime technology market.

CompliX has appointed Andrew Mainstone as chief executive officer to lead the next phase of its compliance and anti-money laundering technology business. Mainstone brings more than 25 years of banking experience in financial-crime prevention and compliance, and most recently served as managing director at compliance consultancy Plenitude. The announcement did not disclose the appointment’s effective date or any financial terms.