- King will drive the creation of AI-powered software for transaction monitoring, client screening, and anti-money laundering efforts.
- The appointment aligns with Napier AI’s mission to become the global leader in financial crime compliance technology.
What happened: Noel King named CTO to lead AI innovation
Napier AI has named Noel King as its new Chief Technology Officer (CTO), a move that signals the firm’s commitment to advancing its AI-driven financial crime compliance software. King, who brings extensive experience in tech strategy, cybersecurity, and cloud infrastructure, previously held leadership roles at Implement Technologies and Shipyard Technology Ventures. He has a track record of helping global corporations such as Mastercard and Goldman Sachs leverage cloud-native platforms to solve complex challenges.
At Napier AI, King’s primary focus will be to oversee the development of AI-enabled products for financial institutions, aimed at improving money laundering detection and alleviating the burden on compliance teams. This includes tools for client screening, transaction monitoring, and transaction screening. By prioritising API-first technology, these solutions aim to deliver enhanced fraud detection capabilities while also streamlining operations for financial services.
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Why it’s important
Napier AI’s appointment of King marks a significant step in its quest to become a leader in the financial crime compliance space. With financial institutions increasingly under pressure to safeguard against financial criminals, advanced technology is seen as crucial to staying ahead of evolving threats. King’s expertise will allow Napier AI to refine and scale its AI-powered solutions, ensuring that compliance operations are both efficient and future-proof.
King will also be spearheading the firm’s Belfast Centre of Excellence, a tech hub focused on AI research and development. Through collaborations with Belfast City Council, Napier AI aims to create career opportunities in Northern Ireland and offer programming courses to young people, further contributing to the region’s growing tech ecosystem.
This strategic appointment underscores Napier AI’s customer-first approach, highlighting the company’s commitment to delivering top-tier technology that empowers financial institutions to combat crime more effectively.
