January 04, 2018, Cambridge UK.
Featurespace appoints Jonathan Crossfield as CFO
Featurespace, the leading multinational machine learning company for fraud prevention and risk management, has appointed Jonathan Crossfield as Chief Financial Officer.
Jonathan has joined Featurespace from specialist consultancy firm Oakhall, where he conducted market analysis, financial modelling, fundraising and business development for a range of private technology companies.
His previous roles include 12 years in technology equity research at Cazenove and Bank of America Merrill Lynch, where he was a senior sector analyst. While at Cazenove, he was the lead analyst on the IPOs for Wolfson Microelectronics and CSR.
Prior to Oakhall, Jonathan worked in advisory and operational roles with several early stage technology companies in financial technology, social media, and network infrastructure. Jonathan trained as a Chartered Accountant with Deloitte.
Martina King, Featurespace CEO, said:
“I am pleased to welcome Jonathan to our leadership team. He brings a wealth of industry experience and sector knowledge which will be invaluable to developing the business further as we expand internationally.”
Jonathan Crossfield commented:
“I have known Featurespace for some time and am delighted to see the company’s advanced fraud prevention solutions achieving industry-wide recognition from clients. The opportunity to work with such a talented and experienced team at this stage in the company’s growth trajectory is incredibly exciting."
For further information, please contact:
Head of Marketing • Featurespace
+44 (0) 1223 345921
About Featurespace - www.featurespace.com
Featurespace™ is the world-leader in Adaptive Behavioural Analytics and creator of the ARIC™ platform, a machine learning software system developed out of the University of Cambridge. The company’s UK HQ is based in Cambridge and its US HQ is in Atlanta, Georgia, with additional offices in London, UK and New York, US.
Featurespace has deployed ARIC to organisations that have services or products deployed in over 180 countries. Customers include Ally Bank, TSYS, Vocalink Zapp, Worldpay, Paddy Power Betfair, Playtech, CashFlows and William Hill.
The ARIC platform, a real-time machine learning software system, monitors individual behaviours and detects anomalies to identify risk and catch new fraud attacks as they happen. The increased accuracy of understanding customer behaviour simultaneously reduces the number of genuine customers whose purchases and transactions are incorrectly declined – a solution that can save the payments industry $16bn annually.