Navigant Welcomes Banking, Capital Markets, and AML Professionals to its FSAC Segment

The expansion will enable the company to enhance its services in terms of technology and operations management.

FREMONT, CA: Organizations across Asia are augmenting the capabilities of their in-house legal teams by incorporating the latest technologies. They are leveraging predictive analytics to provide the best services for their clients. Navigant Consulting is one such organization which is catering to the technological needs of its customers with customized solutions designed to resolve the most complex issues.

Navigant’s professionals assist clients with their in-depth industry knowledge, substantive technical expertise, and an enterprising approach which enable the clients to build, manage, and secure their business interests. The firm primarily deals with clients in healthcare, energy, and financial services sectors which face significant regulatory and legal pressures. Navigant brings sharp insights and delivers robust outcomes across a range of advisory, consulting, outsourcing, technology, and analytics services.

The global professional services firm recently announced the expansion of its Financial Services Advisory and Compliance (FSAC) segment with the onboarding of three senior-level industry professionals. The move will enable the firm to augment its offerings to its customers in the technology and operations management landscape, including banking, insurance, and investment management firms.

Stephen Alsace, Manish Nayar, and Mark Tuggle joined Navigant as the new directors, bringing with them powerful industrial connections and deep expertise in banking, capital markets, and anti-money laundering (AML).  Based in Toronto, Alsace will assist the financial services executives in Canada and the US in developing robust sanctions, AML and anti-terrorist financing (ATF) risk management, and compliance programs. Before Navigant, he was employed by the Canadian Imperial Bank of Commerce (CIBC) as the head of sanctions and ATF, and possess nearly 20 years of experience in financial services and compliance.

Nayar is based in Washington, from where he will develop and drive investment management offerings in operational efficiency, transformational strategy, and implementation of new regulatory and governance structures. He comes with over 14 years of Big 4 consulting experience driving large scale transformation initiatives.

Tuggle specializes in default management and strategy, indirect underwriting Process, operations transformation, compliance, risk assessment, and governance. He formerly led default management operations and process transformations at South Trust Bank, Compass Bank, US Bank, and BBVA. Tuggle possesses over 35 years of consumer banking and auto finance experience.

Navigant aims to drive the priorities and initiatives of its clients on a global level. The expertise of the new members will add to the capabilities of the company, enabling them to better understand the most pressing issues of the clients, including the growling complexity of regulations, risk management, and operations within financial services.

For addressing legal, risk and regulatory challenges, Navigant was featured among the “Top 25 Legal Technology Solution Providers” in APAC CIO Outlook’s Legal Tech Special Edition in 2017.