Encompass Corporation, a global leader in providing real-time digital Know Your Customer (KYC) profiles, has announced the appointment of Neil Acworth as its Chief Information Security Officer (CISO). This move underscores the company’s unwavering dedication to upholding top-notch information security standards, particularly within the global banking sector.
In light of the continuous emphasis on security in the financial services industry, Neil Acworth’s new role signifies Encompass’ commitment to enhancing its data-centric procedures to reinforce security, regulatory compliance, and operational efficiency. His appointment is expected to strengthen both client onboarding processes and existing relationships.
Bringing decades of industry experience to the table, including senior roles such as CTO and CIO in RegTech firms, Neil Acworth will lead Encompass’ information security team. His responsibilities will extend to promoting best practices in combating financial crime, driving business growth, and maintaining the company’s esteemed reputation.
Neil Acworth expressed enthusiasm about joining Encompass and highlighted the company’s proactive approach to information security, which aligns with the stringent demands of banks and financial institutions. He emphasized the importance of demonstrating an unwavering commitment to security, considering its paramount importance in today’s business landscape.
Stuart Barnard, VP of Finance and Business Operations at Encompass, emphasized the centrality of compliance to the company’s operations and external engagements. He underscored Neil Acworth’s appointment as a testament to Encompass’ dedication to being a proactive and trusted partner to banks, where security is integral to business operations.
Furthermore, Stuart Barnard highlighted Neil Acworth’s extensive industry experience and customer-centric approach as valuable assets that will contribute to Encompass’ success in navigating the rapidly evolving industry landscape.
Neil Acworth’s appointment follows Encompass’ recent acquisitions of CoorpID and Blacksmith KYC, which further demonstrate the company’s commitment to revolutionizing KYC with Corporate Digital Identity (CDI). These strategic moves underscore Encompass’ efforts to address the challenges associated with identifying and verifying corporate and institutional clients through real-time digital KYC profiles.
