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Ignition hires GRC expert

Software solutions provider Ignition has hired a Governance, Risk and Compliance (GRC) expert to help clients comply with the Foreign Account Tax Compliance Act (FATCA) and other requirements.

Isabella Pearson joins Ignition to provide expertise in corporate GRC for clients in the offshore market.

Ignition’s expertise is in providing technology solutions for clients in areas such as fiduciary, fund management, corporate services, captive management and the public sector, where GRC is a top requirement.

“Focus on GRC has led to greater demands on our key customer groups in the region,” said Christopher Eaton, Ignition’s director of Business Solutions.

“It’s increasingly important for companies to remain competitive and meet their GRC requirements as this can improve oversight and reduce risks, while also improving the efficiency of operations and standardising client deliverables. We’re delighted to have Isabella join our team. Her expertise in GRC coupled with her extensive experience in the fiduciary sector makes her a valuable addition to the team.”

The company said Ms Pearson brings “an impressive range of expertise to Ignition, including providing training, due diligence compliance, risk management analysis and reporting along with the implementation of new policies and practices”.

“She brings over twenty years of experience in providing corporate GRC expertise in the fiduciary sector across multiple jurisdictions. A key focus for Isabella has also been the use of ViewPoint as a management reporting tool for audit and compliance committees as well as regulatory authorities. Isabella holds a TEP diploma in International Trust Management and an ICSA certificate in Offshore Finance and Administration.”

In the role as Fiduciary Solutions consultant, Isabella will be responsible for supporting clients in the end-to-end delivery of Ignition’s GRC suite of solutions, including ViewPoint and KYC.

“I am delighted to join the Ignition team. Ignition has an outstanding reputation for providing first rate solutions to clients in the offshore fiduciary market and I very much look forward to being part of its continuing success,” she said.

Some of the key GRC software solutions provided by Ignition includes ViewPoint, KYC and FATCA. ViewPoint is the market leader in process automation and practice management software and provides comprehensive entity management solutions for fiduciary services organisations. Its modular design allows the solution to fit the needs of the client.

The Know Your Customer (KYC) solution, which is part of Ignition’s Blue Bison software suite, is designed to assist firms in collecting, managing, and storing their customer identification documents. It allows organisations to take control of their due diligence.

To assist Foreign Financial Institutions (FFIs) with the Foreign Account Tax Compliance Act (FATCA), Ignition is developing a suite of tools, including a FATCA Self-Certification solution, which automates the entire self-certification process through an online submission process. Ignition also provides Consultancy services to support organisations in preparing for FATCA in conjunction with services offered through Oyster Consulting.

Isabella Pearson, the new Fiduciary Consultant at Ignition, Bermuda.

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Published June 04, 2013 at 4:36 pm (Updated June 04, 2013 at 4:36 pm)

Ignition hires GRC expert

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