In conjunction with the funding, Jim Madden, Co-founder and Managing Director of Carrick, and Mike Salvino, Managing Director of Carrick, joined Exiger’s Board.
The company intends to use the funds to deliver its RegTech solutions to global financial institutions and corporations, accelerate its growth by continuing to build out and acquire differentiated technology and technology-enabled solutions.
Led by Michael Beber, President and CEO, and Mike Cherkasky, Executive Chairman, Exiger provides technology-enabled, sustainable compliance solutions for the financial and corporate marketplace, which combines multi-disciplinary subject matter expertise and purpose-built technology. It provides financial institutions, multinational corporations and governmental agencies with the practical advice and technology solutions they need to prevent compliance breaches, respond to risk, remediate major issues and monitor ongoing business activities. The company has four principal business units being:
- Government Services; and
Exiger operates through offices in London, New York City, Silver Spring (DC Metro), Toronto, Vancouver, Hong Kong, and Singapore.