WHO WE ARE
INVESTORS AND ADVISORS
Our investors and advisors are committed to helping us realise our mission. They bring a wealth of experience and knowledge from compliance, big data, business intelligence and technology.
BALDERTON CAPITAL
In October 2016 we announced our $8.2m Series A funding round led by Balderton Capital.
Balderton Capital is one of the largest venture capital firms in Europe, focused on investing in the best European technology companies at Series A. Based in London, the firm manages $2.3bn. Since 2000, Balderton has invested in over 100 companies, principally across Europe. Notable investments include Talend (open-source data integration provider, went public on Nasdaq in 2016); Magic Pony Technologies (acquired by Twitter in 2016); NaturalMotion (the mobile gaming developer, sold to Zynga in 2014); Betfair (the online betting exchange, 2010 IPO; LOVEFiLM (the home entertainment subscription service, sold to Amazon in 2011); MySQL, (the open-source database software, sold to Sun Microsystems in 2008); and YOOX Group (the online retailer of leading fashion brands, IPO in 2009). The current portfolio includes companies such as 3D Hubs, Citymapper, Kobalt Music, Prodigy Finance, Qubit, Scytl, ROLI, Talend, and The Hut Group.
Tim Bunting
joined Balderton as a General Partner in 2007. He was previously a partner of Goldman Sachs where he spent 18 years. At Goldman, Tim held various roles including Global Head of Equity Capital Markets (2002 to 2005) and Vice-Chairman of Goldman Sachs International (2005 to 2006). Tim started to work with Balderton and its portfolio of companies in 2005. In 2006 Tim spent a period as non-executive chairman of Betfair. Tim is also a Governor of Wellington College and the Wellington Academy; a Trustee of the Rainbow Trust Children’s Charity and the Paul Hamlyn Foundation. Education: Tim is a graduate of the University of Cambridge.
Suranga Chandratillake
joined Balderton as a General Partner in 2014. He was previously an entrepreneur and engineer. Suranga founded blinkx, the intelligent search engine for video and audio content in Cambridge in 2004. He then led the company for eight years as CEO through its journey of moving to San Francisco, building a profitable business and going public in London where it achieved a peak market capitalisation in excess of $1Bn. Before founding blinkx, Suranga was an early employee at Autonomy Corporation – joining as an engineer in the Cambridge R&D team and ultimately serving as the company’s US CTO in San Francisco.
Suranga has a MA in Computer Science from the University of Cambridge. He holds patents in the area of video discovery and online video advertising, was elected a Fellow of the Royal Academy of Engineering in 2012 and was chosen as one of the World Economic Forum’s Young Global Leaders in 2009.
Michael Kent
is an serial entrepreneur who has spent the last decade building successful businesses in consumer financial services. He is the Founder and CEO of money transfer company Azimo and Founder / Non-Executive Director of UK digital bank Tandem. Prior to this he created Europe’s largest offline money transfer provider Small World Financial Services. All these businesses focus on creating better customer experiences around money: faster, safer, and much less expensive.
Edward Asseily
is an experienced global commercial banker and investor/advisor in business startups. He has had a varied career, most recently as Global Head of Risk Governance for Standard Chartered Bank, where he developed and implemented innovative risk and compliance monitoring frameworks. Prior to this, Ed co-founded a company providing outsourced internet brokerage services to banks and stockbrokers. He started his banking career at Citibank, where he developed new products and managed corporate client relationships.
Ed holds an MBA with distinction from INSEAD, an MSc in International Relations from LSE, and a BSc in Philosophy & Economics from Bristol University.
Ed holds an MBA with distinction from INSEAD, an MSc in International Relations from LSE, and a BSc in Philosophy & Economics from Bristol University.
Michael Reynolds
was formerly acting Global Head of Equity Compliance for Barclays Capital. He has also held positions as Global Head of Compliance at J.P. Morgan Cazenove, Co Global Head of Compliance and Legal at Swiss Re (Capital Management and Advisory) and Head of Investment Banking Compliance at Nomura International plc. He is also on the board of Hannam and Partners and Tails.Com. Michael has previously invested in Graze.Com and Tails.com.
Chris Pilling
is recognised as a pioneer in online business-to-business information and software. He is a seasoned entrepreneur who founded his first business in 1991 and has been working in the world of internet software and data solutions since 1995. He was the founder and Chief Executive of Complinet a compliance and risk data and software solutions business serving the global financial services industry. Complinet was sold in 2010 to Thomson Reuters where Chris then served as the SVP of Compliance and Regulatory Risk. Chris is the CEO of Matchdeck.com a B2B trade matching platform and also serves on the boards of a number of private and public companies, including RegTech firm Behavox.
Stanislas Lecat
Is a Managing Director at SG in London in the Financial Institutions team focusing on Emerging Markets. He has more than 17 years experience in the sector, including longstanding experience at Morgan Stanley in the Financial Institutions team in London, or leading the CIB division of an EM focused boutique.
Stan holds a Degree in Finance degree from HEC, Paris and a MA in Economics from the College of Europe, Bruges. He is an alumni from the Singularity University Executive Program.
Caroline Worboys
is an experienced entrepreneur and expert in the data and intelligence sector. Caroline has a breadth of experience from start-ups through to successful sale, turnaround, integration, divestments and acquisitions. She has led process for three successful major ownership changes of her companies, including a successful sale to News International. Currently Caroline is responsible for launching KBM Group (the Data & Insights Division of Wunderman) in EMEA.
Lord Rumi Verjee
is a highly successful entrepreneur and the proprietor and chairman of Thomas Goode & Co, based in London’s Mayfair. He founded Domino’s Pizza in the United Kingdom and is the Chairman of Brompton Capital Limited and Ipanema Properties in Brazil. His success is entirely self-made: a fourth generation Indian born in Uganda, much of the Verjee family’s assets were seized by Idi Amin’s regime. Rumi studied Law at Downing College, University of Cambridge where he is now an Honorary Fellow, and after the expulsion of the Asian population from Uganda, made the UK his home.
Larry Sullivan
is Chairman and co-founder of COINS; he is also co-founder of five other niche market software houses, including one in Poland and one in Russia. His companies include Total Objects and OASIS Solutions, where he is also Chairman. His past directorships include CSBI SA (Poland), Computerland Poland, CSBI EE (Russia), CSB Meridian, and Matrix Ventures, a venture capital trust.
WE LOVE WHAT WE DO
We are passionate about applying state-of-the-art big data and machine learning techniques to fight corruption, terrorism and illegal money flows.Chris Leow,
Talking to our customers every day to solve frustrations, such as too many false positives, and helping them be more effective, is something we love.Toby Fischer,
SECURITY MATTERS TO US
Our commitment to data security
At europos, we know that data security isn’t any one person’s responsibility – it’s everyone’s. As a young company, we have made it our priority to ensure that all staff are educated about how to keep data secure. We approach compliance from a data- and technology-driven perspective, so providing world-class encryption and security is second nature to the way we do business.
How do we protect your data – and ours?
We provide a variety of hosting options. Where data is hosted on our servers, we host all of our European customer data on cloud servers in the European Economic Area (EEA), and all US customer data on servers located within the US. Currently all our cloud servers are hosted by AWS. AWS is an ISO27001-certified hosting facility – the best-in-class for data security.
Internally and externally we use high-grade encryption for all data in transit. Access to our servers is controlled through user access controls and a VPN. Only a select number of internal staff have access to each server.
We run multiple security scans and penetration tests on our servers. Only limited client information is stored on servers accessible through the internet. Client data is distributed across a number of servers without federated access.
We are continuously evaluating and improving our security controls. We are currently rolling out encryption for ‘data at rest’ throughout the company – from laptops to cloud hosted servers and everything in-between. Almost everyone now encrypts data in transit (that is, the data is encrypted whilst it is sent between your computer and our server). But organizations that really take data security seriously will encrypt ‘data at rest’ – meaning that data stored on our computers, laptops and servers is also encrypted. So if, for example, a laptop gets stolen the data is still protected, and if a server is hacked it’s significantly harder to access the data.
DATA PRIVACY
In order to comply with regulatory requirements, regulated businesses often need to conduct risks assessments of their business counterparties, whether individuals and organizations. Many regulated businesses use europos to perform these checks, aiming to establish the level of risk of potential money-laundering, terrorist financing or bribery and corruption. Most of us undergo this due diligence automatically each time we purchase new financial products, e.g. opening a bank account, or when we employ an accountant/lawyer, etc.
Rather than employing teams of analysts with global language capabilities to spend several hours researching each individual or organization, europos uses technology to conduct broader and deeper searches of global data sources in multiple languages. The search results display this information in an easily accessible format with clear line of sight to the underlying information sources, allowing businesses to make informed decisions about the counterparty’s risk level. These decisions are taken by the business itself (and not europos), using the europos Data as one of several decision factors. These decisions will be unique to each business’s risk profile, risk appetite and the nature of the business relationship with that counterparty.