Ruth Hatherley and Kristi Salmi

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Moneycatcha Pty Ltd expands technology team with data scientist appointment

Ruth Hatherley and Kristi Salmi

Moneycatcha Pty Ltd, one of Australia’s leading regulatory technology and fintech startups, has appointed Kristi Salmi as the company’s first data scientist.

Ms Salmi has more than 12 years’ experience in the financial services sector with expertise in credit analytics and credit risk analysis.

She joins from Heritage Bank where she spent a decade in various roles, including information architect and senior data scientist, and working on transformational projects including NPP (New Payments Platform), Big Data and advanced analytics.

She has a Master in Business Analytics (Data Science) from Deakin University and a Bachelor of Business (Honours in Economics) from Southern Queensland University.

Ms Salmi has significant project and product experience in loan origination, operational and management reporting, agile methodologies, and regulatory compliance.

 “We’re thrilled to have someone of Kristi’s calibre and experience join our growing team,” Moneycatcha CEO and founder Ruth Hatherley said.

“She’s passionate about using information to create competitive advantage and improve customer experience – key ingredients our customers want and need in their business.

“We know that it’s difficult to fill data scientist roles in general and we’ve very pleased with the level of interest in this position, and fortunate to have Kristi on the team,” Ms Hatherley said.

Ms Salmi plans to help customers realise the true value of their data.

“They’re (customers) sitting on a gold mine and I look forward to helping them ensure their data is a constant business asset, not liability.”

Ms Salmi’s primary focus will be on continuing to deploy the company’s blockchain-based risk review tool, Regchain, at HSBC Australia, alongside other client engagements.

She will report to Moneycatcha chief technology officer John Heaton.

“Kristi is a fantastic addition to the team and will bring deep understanding of how organisations can use their data as a single source of truth to meet business outcomes,” Mr Heaton said.

“We’re excited to welcome Kristi into the Stone & Chalk family,” Alex Scandurra, CEO of Australia’s leading fintech hub, Stone & Chalk, said.

“Moneycatcha is a great fintech startup with another incredible female founder and CEO and we are proud to be supporting them through their commercialisation and growth journey. 

“There is strong demand for data scientists with Deloitte Access Economics predicting around 40,000 job openings between 2016/17 and 2021/22. I’m really pleased that they have been able to find someone of Kristi’s calibre to fill the role in what is still such a male dominated sector.

“I commend Moneycatcha for investing in such an important role that will help deliver further successes in future,” Mr Scandurra said.

 

Background

Moneycatcha is a multi-award winning regulatory technology (regtech) and fintech startup. 

Earlier this year Moneycatcha was named Compliance Innovator of the Year at 2018 Fintech Business Awards. 

Moneycatcha was recognised for its world-leading Regchain risk review tool that is crucial for financial institutions in complying with and reporting to regulatory bodies.

It was a finalist in the Lending Innovator of the Year category while Ms Hatherley was a finalist in the Femtech Leader of the Year and Fintech Entrepreneur of the Year categories. 

Ms Hatherley won a 2018 40under40 Award by Business News which recognises leading entrepreneurs under 40 in Western Australia. The company also won the Startup Business category.

She was also awarded the 2018 City of Perth Award which “acknowledges an individual whose motivation, leadership and entrepreneurial spirit has turned a unique start up business concept into a significant and ongoing opportunity for Perth to highlight its expertise in new technology and innovation”.

About Moneycatcha Pty Ltd

Moneycatcha has developed a bespoke blockchain platform that operates on permission-based principles, enabling the most secure, protected and efficient transactions in the finance industry. That platform is developed, hosted and supported in Australia, providing complete regulatory comfort for Financial Institutions (FIs).

It has created a world-class platform with the capability to solve each and every one of the challenges facing FIs with a market-changing solution. In addition, it has built the platform to integrate and communicate with the whole mortgage ecosystem. A requirement it knows will be necessary for any sustainable solution in the mortgage space in the future.

Its best in class digital platforms, Homechain and Regchain, deliver world first solutions for the mortgage origination and risk review processes in any financial institution. Businesses are future proofing their organisation against increased, fraud, risk and regulatory pressures in an unrivalled, secure and efficient manner by using Moneycatcha. In addition, FIs can reduce their end-to-end processing time for a home loan application from an industry average of 42 days, to just 5 days – submission to settlement.

 

**This article was provided through a newswire and does not express the views or opinions of 61-Bit.

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