Former AML Practice Leader of GE Capital, Citibank and American Express, Gary Ferrari, Joins IPSA International (PR Newswire)

NEW YORK, March 18, 2015 /PRNewswire/ —  IPSA International (IPSA), a regulatory risk mitigation firm, is pleased to announce Gary Ferrari has joined as Managing Director for the firm’s Anti-Money Laundering (AML) consulting practice in New York.   In this role, Mr. Ferrari is responsible for leading AML compliance, working with multi-national banks and money services businesses to review, test, validate or remediate parts or all of their AML/Trade Finance compliance programs.
Mr. Ferrari comes to IPSA with over 20 years of regulatory compliance experience in building and assessing compliance programs and remediating regulatory enforcement actions.  Recent roles include Core Compliance Leader at GE Capital and Senior VP Anti-Money Laundering for Global Consumer Cards at Citibank. Formerly, Mr. Ferrari served 16 years with American Express, where he originated the regulatory compliance program and played an integral role in its global implementation throughout many of its lines of business.  Mr. Ferrari is credited with initiating the AML compliance program for American Express Travel Related Services.
Mr. Ferrari has led or overseen multiple compliance programs in the U.S. and around the world – in credit cards, retail, private and correspondent banking, commercial lending, money transfer services, and other financial services.
Dan Wachtler, IPSA International’s CEO, states, “I first met Gary at American Express as he was our client.  I appreciated his approach to partnering with us and was always impressed with his subject matter expertise as well.  IPSA constantly strives to understand and respect the different perspectives and responsibilities that can exist between client and consultant.  Gary brings the client perspective to our firm and has the experience and leadership ability we were looking for as we continue to grow our firm and the AML practice.  I am thrilled to have him on the team.”
Gary adds, “AML Compliance Officers and their firms now face higher stakes as a result of added regulation and amped up enforcement actions and penalties.  Challenges to meet more of our clients’ needs are driving IPSA’s transformation into a full service AML consulting firm through delivery of added capabilities and skill sets. My experience in building world class compliance and AML programs at global financial institutions has prepared me to lead IPSA’s AML consulting team in providing clients with the subject matter expertise, risk mitigation, and added value in all facets of AML/TF that they require.”
About IPSA IPSA International, a root9B Technologies, Inc. company, is a regulatory risk mitigation firm delivering advisory and investigative services globally in the areas of Anti-Money Laundering, Investigative Due Diligence, Enterprise Risk Management and Litigation Support.  Our clients include public and private middle market businesses, multi-national corporations, financial institutions and governments.  IPSA International has offices in the US, UK, Canada, UAE and Hong Kong, resources in over 75 countries and research capabilities in 20 languages.  For more information, please visit us at  www.ipsaintl.com.  
MEDIA CONTACT: Julie MaloneEmail:   jmalone@ipsaintl.comPhone:  602.889.1137
SOURCE IPSA International