SRA Watchtower Taps Edward Vincent as CEO
17 Julio 2024 - 6:45AM
Business Wire
~New executive team poised to turn risk into
opportunity for banks and credit unions~
SRA Watchtower, a Glen Allen, Va.-based financial technology
services firm, and the provider of Watchtower, The Holistic Risk
Intelligence Platform™, has named Edward Vincent as its new CEO.
Formerly known as Strategic Risk Associates, LLC, the company has
evolved from its origins as a risk consulting firm, to now a SaaS
technology company, under the leadership of Vincent. The company
has also augmented its C-suite with former financial institution
risk professionals including Shawn Ryan, Chief Financial Officer,
and Niki White, Chief Growth Officer, to ensure SRA Watchtower is
well-equipped to empower institutions with actionable insights to
optimize risk.
Joe Maxwell, Managing Partner at FINTOP Capital and Chairman of
the SRA Watchtower Board, said, “SRA Watchtower equips banks and
credit unions to incorporate risk into their strategic
decision-making framework. I cannot think of anyone more qualified
than Ed to lead this charge with his talented executive team. Ed’s
25 years of experience in leading reg-tech SaaS organizations,
building services and analytics teams, defining and implementing
content and product strategy, and innovating products across
multiple financial services verticals will prove invaluable as SRA
Watchtower begins this new chapter.”
"In today’s fast-moving market, relying on stale risk indicators
that are refreshed only quarterly, scattered across disparate
systems, or based on outdated call report inputs may meet minimum
regulatory expectations, but it is not a strong foundation for
risk-informed strategic decision-making,” Vincent said. “The
C-Suite, Risk Department, and Board Risk Committee need timely,
integrated data to navigate risks effectively and make informed
strategic decisions.”
SRA Watchtower’s proprietary suite of technology of solutions
and methodologies was built by risk pros for risk pros, and its
Holistic Risk Intelligence Platform gives practitioners, executives
and the Board a panoramic view of risk enabling them to make more
informed strategic decisions thereby driving performance on a daily
basis.
“SRA Watchtower made a conscious decision to focus on developing
a risk-based SaaS solution as today’s banks and credit unions
demand constant vigilance,” Vincent added. “Relying on outdated and
subjective risk management practices is a dangerous risk, in and of
itself. Our Holistic Risk Intelligence Platform removes the
friction, cost and complexity from risk and performance management
while providing these institutions with the integrated tools and
solutions they need to make critical business decisions.”
About SRA Watchtower
SRA Watchtower is a leading SaaS provider of innovative risk
management solutions, serving the financial services industry and
beyond. Our suite of proprietary technology solutions and
methodologies was built “by risk pros for risk pros” and designed
to help customers navigate risk and drive growth. Watchtower, The
Holistic Risk Intelligence Platform™ provides practitioners,
executives and the Board with a panoramic view of risk to make
informed decisions and drive performance. As a forward-thinking
company, we recognize that risk is not just an obstacle, but can
also be a catalyst for growth.
For more information, visit srawatchtower.com, connect on
LinkedIn or contact info@srawatchtower.com.
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Angelo Jones // Gabriela Lumpkin angelo@williammills.com //
gabriela@williammills.com 678.781.7230 // 678.781.7229