SymphonyAI appoints John Edison president, FS division
0
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Based in Atlanta, Georgia, Edison brings more than two decades of global executive experience in scaling technology businesses and delivering transformative outcomes across the financial sector.
SymphonyAI's Financial Services division is experiencing significant momentum, with its advanced solutions empowering leading banks and fintechs to modernize financial crime prevention. Leveraging AI-powered risk scoring, automated suspicious activity report (SAR) narratives, sanctions and adverse media screening, and auditable investigations—all delivered in a secure, explainable platform—SymphonyAI helps financial institutions process millions of risk decisions daily across 40+ countries. These solutions accelerate investigations and reduce false positives by up to 80%, driving rapid SaaS adoption and delivering exceptional value to financial institutions as they face increasingly complex regulatory and threat environments.
'Financial institutions today require more than generic innovation—they demand strategic, AI powered solutions built on deep domain knowledge to achieve real-world impact,' said Sanjay Dhawan, CEO of SymphonyAI. 'As the leader in AI-driven fincrime prevention, we deliver intelligence and action at scale to help organizations stay ahead of evolving threats and compliance demands. John's vision and proven results in software transformation and SaaS growth perfectly complement our mission to equip financial institutions with the tools to address today's—and tomorrow's—challenges. I am excited to welcome John to SymphonyAI, and am confident that under his leadership, our Financial Services division will set new standards for industry innovation and customer success.'
Edison joins SymphonyAI from Honeywell, where he served as Chief Strategy & Product Officer for Honeywell Connected Enterprise, driving the design and commercialization of advanced software solutions with tangible business outcomes. At ESKO, a Danaher company, he led a return to growth and a successful transition to SaaS, while at Oracle he repositioned the Financial Services Global Business Unit as an AI and cloud innovator for the risk and compliance market. His diverse leadership history, including roles at Hewlett-Packard and Vignette (now OpenText), further underscores his expertise in scaling software organizations and driving operational excellence.
'SymphonyAI's focus on actionable AI for financial institutions stands out in the industry,' said Edison. 'SymphonyAI is already delivering measurable results at scale, helping financial institutions accelerate investigations and reduce false positives while meeting the highest standards of compliance. In the coming months, I'm focused on deepening our market leadership in financial crime prevention and ensuring we continuee to deliver tangible value across risk, compliance, and operations. The opportunity to build AI that not only keeps up with threats but gets ahead of them is what drew me to SymphonyAI.'
John holds a Bachelor of Technology in Mechanical Engineering from the College of Engineering Trivandrum and a Master's in Information Systems Management from Loyola University Chicago's Quinlan School of Business.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Independent
13 minutes ago
- The Independent
House Bill 395 aims to protect employers from those who skip job interviews
Ohio House Bill 395 proposes the creation of an online registry for individuals who fail to attend job interviews without notice. The bill aims to protect employers and state unemployment services by promoting accountability and preventing the waste of taxpayer money. Ohio Representative Brian Lorenz, a co-sponsor, argues the bill is 'common sense' and necessary to bring accountability back to the system. Opponents, including Senate Democrat Bill DeMora, contend that existing Ohio laws already address unemployment requirements and the bill could unfairly penalize those in emergency situations. While the Department of Job and Family Services currently has a system for reporting interview no-shows, proponents of the bill seek a more streamlined process.
Reuters
14 minutes ago
- Reuters
Japan trade negotiator to visit US to press for swift implementation of auto tariff deal
TOKYO, Aug 5 (Reuters) - Japan's top tariff negotiator Ryosei Akazawa said he planned to visit Washington from Tuesday to press the United States to have President Donald Trump sign an executive order to bring an agreed 15% tariff rate on automobiles into effect. The U.S. last month agreed in a trade deal with Japan to lower existing tariffs on Japanese automobile imports to 15% from levies totaling 27.5% previously. Duties that were due to come into effect on other Japanese goods will also be cut to 15% from 25%. "We will push the United States to make sure that an executive order be signed on the agreed tariff on automobiles and automotive components as soon as possible," Akazawa told parliament. Referring to the problem of "stacking" where goods can be affected by multiple tariffs, Akazawa also said Japan wants to make sure that goods that are already levied at more than 15% would be exempt from the additional 15% rate.
Reuters
14 minutes ago
- Reuters
Dollar weakens as rate cut odds rise, tariff uncertainties linger
SINGAPORE, Aug 5 (Reuters) - The U.S. dollar wavered on Tuesday as the rising odds of Federal Reserve rate cuts weighed on sentiment, while investors assessed the broader economic impact of U.S. tariffs unleashed last week. The dollar remained under pressure following Friday's U.S. jobs report that showed cracks in the labour market, prompting traders to swiftly price in rate cuts next month. U.S. President Donald Trump's firing of a top statistics official and the resignation of Federal Reserve Governor Adriana Kugler also exacerbated market unease, leading to a sharp dive in the dollar on Friday. The U.S. currency found its footing on Monday but was weaker in early trading on Tuesday. The euro last bought $1.1579 while sterling stood at $1.3298. The dollar index , which measures the U.S. currency against six other units, was at 98.688 after touching a one-week low earlier in the session. Traders are now pricing in a 94.4% chance of the Fed cutting rates in its next meeting in September, compared to 63% a week earlier, CME FedWatch tool showed. Goldman Sachs expects the Fed to deliver three consecutive 25 basis point cuts starting in September, with a 50 basis point move possible if the unemployment rate climbs further in the next report. San Francisco Federal Reserve Bank President Mary Daly said on Monday that given mounting evidence that the U.S. jobs market is softening and no signs of persistent tariff-driven inflation, the time is nearing for rate cuts. "I was willing to wait another cycle, but I can't wait forever," Daly said. Meanwhile, the focus remains on tariff uncertainties after the latest duties imposed on scores of countries last week by Trump, stoked worries about the health of the global economy. The Japanese yen firmed slightly to 146.95 per dollar after minutes of its June policy meeting showed a few Bank of Japan board members said the central bank would consider resuming interest rate increases if trade frictions de-escalate. The Swiss franc was steady at 0.8081 per dollar after dropping 0.5% in the previous session as Switzerland geared up to make a "more attractive offer" in trade talks with Washington to avert a 39% U.S. import tariff on Swiss goods that threatens to hammer its export-driven economy. The long-term impact of the tariffs though remains uncertain, with traders bracing for volatility. "This is going to be like the pandemic, we all expect to see the transitory impact on supply chains to happen very quickly," said Rodrigo Catril, currency strategist at National Australia Bank in Sydney. "It'll probably take six months to a year to see exactly where we land and who's going to be winners and losers from all this." In other currencies, the Australian dollar was 0.11% higher at $0.64736, while the New Zealand dollar rose 0.11% to $0.5914. "We're still of a view that the big dollar is heading down," Catril said, referring to the U.S. dollar. "While global growth means pro-growth currencies like Asian currencies and the AUD should struggle, we've other structural dynamics in the USD, where policies are dollar-negative."
