SOURCE: The Alacer Group

The Alacer Group

February 20, 2013 08:00 ET

Alacer Group Adds Financial Industry Veterans Steven Gorsline and Nyron Davidson as Anti-Money Laundering Consultants

New Additions Strengthen Alacer's Team to Meet Increased Industry Demand and Focus on AML Best Practices

BELLEVUE, WA--(Marketwire - Feb 20, 2013) - The Alacer Group, dedicated to helping business leaders accelerate performance, quality, productivity and profitability, today announced the expansion of its Anti-Money Laundering (AML) team to meet the financial sector's increased need for services and solutions. Joining the firm are industry veterans Steven Gorsline, most recently the vice president, BSA/AML compliance for JP Morgan Chase, and Nyron Davidson, former director, head of AML and sanctions compliance for TD Ameritrade Corporation. Together, Gorsline and Davidson bring decades of deep financial experience to Alacer and its clients. 

"It's a major challenge for banking compliance officers to stay current with global regulatory changes within anti-money laundering functions, creating a surge in demand for AML experts," said Richard Paxton, CEO, The Alacer Group. "By adding Steve and Nyron to our growing team of consultants, we bring an even greater understanding of AML and potential solutions to the table -- whether it's through the application of Lean, Kaizen, Six Sigma or other process improvements -- translating to fewer regulatory fines for our clients."

In addition to his stint at JP Morgan Chase, Gorsline is a certified Lean Six Sigma Black Belt and has held similar positions with Clockwork Management, Inc. and Moss Adams, LLP. He is a graduate of California State Polytechnic University with a degree in mechanical engineering, and holds a Total Quality Management (TQM) certificate through the MBA program at the University of Southern California/California State Northridge. He is a noted conference speaker, facilitator and trainer on issues including ISO 9000 implementation, Six Sigma, Lean Manufacturing, Kaizen and business rules/business logic.

Prior to joining TD Ameritrade Corporation, Davidson served as a director of AML and corporate compliance with The Depository Trust & Clearing Corporation, economic crimes advisor with the US Department of the Treasury, financial sector advisor with the Caribbean Financial Action Task Force, Caribbean Anti-Money Laundering Program (CFATF/CALP), BSA/AML risk specialist with the Federal Reserve Bank of New York and field auditor with the Bank of Boston. He earned an MBA in accounting and finance from the University of Massachusetts and an undergraduate degree from Northeastern University, as well as professional certifications such as Certified Risk Professional (CRP), Certified Fraud Examiner (CFE), Certified Internal Controls Auditor (CICA), and Certified Anti-Money Laundering Professional (AMLP). He instructed on risk management, banking and finance, money laundering, terrorist financing, sanctions and audit and internal controls at law enforcement academies and banking associations throughout the Caribbean and Latin America.

Addressing AML with Alacer:
In many financial institutions, the AML department is struggling due to increased regulatory reviews and the corresponding organizational fines levied for non-compliance. These factors are catalysts for working with The Alacer Group to address any inefficiencies head on, optimizing processes that enable increased capacity for handling incremental volume without materially increasing expenses.

About The Alacer Group:
Headquartered in Bellevue, WA, with offices in New York and Dallas, The Alacer Group is a business consulting firm focused on four practice areas: big data, technology, finance and healthcare. Offering expert consultants around the globe, Alacer works with companies to resolve their needs quickly and smartly, resulting in positive outcomes. For more information, please visit the website at www.alacergroup.com or find us on LinkedIn.

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