UK regtech GSS names Ruth Fletcher as joint COO and CFO
London-based regtech firm Global Screening Services (GSS) has appointed Ruth Fletcher as joint chief operating officer (COO) and chief financial officer (CFO).
Fletcher, who will report directly to CEO Tom Scampion, has previously served in a similar capacity as COO/CFO at international money transfer firm CurrencyFair and B2B VC firm Frontline Ventures.
She has also served as CFO and board member at Fenergo and group financial controller at Detica NetReveal.
GSS says Fletcher’s experience in regtech services for online payments and financial investments will “play a vital role” in the growth of the firm’s finance and operations functions, in particular as it readies the launch of its core financial transaction screening product later this year.
Speaking on her appointment, Fletcher says: “I’ve seen the challenges faced by financial institutions caused by inefficiencies in the system, whether from screening or other processes.”
She intends to leverage her experience to make GSS’ finance and operations functions “the building blocks for our future growth”.
CEO Scampion says Fletcher’s expertise in scaling technology businesses makes her “a perfect fit” for the joint role at GSS.
Incubated by AlixPartners since 2021, GSS is now a standalone company with over 140 staff. The firm aims to assist banks and financial institutions with compliance screening for sanctions.