ACE+ Company appoints Martin Eleveld as partner in ACE RegTech

19 October 2023 3 min. read
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ACE+ Company has strengthened its leadership team with Martin Eleveld, who will spearhead the expansion of the firm’s RegTech services and solutions.

Headquartered in Amsterdam, ACE+ Company is a firm specialised in regulatory change within the financial sector. The firm offers end-to-end consulting and delivery services in the areas of regulatory change, risk management, and compliance.

New joiner Martin Eleveld has become a partner in ACE+ Company’s RegTech practice, which enables clients to tap into the power of automation and artificial intelligence in order to streamline their regulatory activities.

Eleveld brings more than 25 years of experience in the regulatory risk & compliance domain. Throughout his career, he has assisted numerous financial institutions in understanding and navigating the complexities of regulatory change. “During the course of my career, I’ve seen many financial institutions grapple with regulatory challenges in a rapidly evolving landscape.”

Speaking about his decision to join ACE+ Company, Eleveld said: “The innovative RegTech capabilities of ACE provide a unique platform to effectively assist clients in addressing their regulatory change challenges. And the combination of our RegTech solutions with the firm’s extensive risk & compliance consulting expertise means that we can offer a full-service offering.”

“I am convinced that by combining these capabilities we can stand-out amongst our competitors and make a real impact at our clients that are looking for better solutions to manage their regulatory change.”

“The fact that Iris Wuisman is part of the team also plays a role,” he continued. “As a professor of Corporate Law at Leiden University, Iris is recognised as an expert at the intersection of corporate law and technology. Her background provides ACE with unique knowledge in the field of responsible AI, (corporate) governance and regulatory change.”

Eleveld joins ACE+ Company from Deloitte, where he spent nearly seven years and was a partner in the Regulatory Compliance practice. Earlier in his career, he was a partner at Big Four counterpart PwC for an extended period, where he established and led the Regulatory Compliance Services offering. In his early career, Martin spent several years practicing as a lawyer.

Technology: An indispensable link

According to Eleveld, technology is increasingly crucial for efficiently and effectively safeguarding regulatory compliance. “The world of regulatory change is vast and rapidly evolving, compelling companies to continually adapt their business processes, strategies, and systems. These changes demand not just in-depth regulatory knowledge and expertise but also come with significant workloads,” he said.

“Moreover, the complexity is heightened by technological challenges, with the integration of new regulations into companies’ IT infrastructures often proving to be a stumbling block.”

In advising financial institutions on how to navigate the landscape, Eleveld said that he firmly believes compliance should extend beyond “simply adhering” to legislation. “The key is to transform compliance in such a way that it becomes a driver of growth and innovation.”

Technology serves as a key enabler of this transition. “Thanks to intelligent automation and advanced analytics, companies can digitalise, streamline, and optimise their regulatory activities. The power of RegTech platforms and advanced AI technologies are key to easily and cost-effectively achieving regulatory transformation.”

Developed in-house by a team of developers and AI-specialists, ACE+ Company’s RegTech portfolio spans solutions for automating impact assessments, reporting and intelligence, and budget tracking, and more.

“The fact that the AI-solutions we develop are already being utilised daily by our own consultants in their projects is a testament to their value, which aids us in demonstrating their effectiveness to our clients,” Eleveld concluded.