Ex-HSBC Lorraine Waters joins Solidatus as Chief Data Officer

Rick Steves

At HSBC, she led the implementation of Solidatus for data sharing and data privacy. She also developed the bank’s approach to Data Ethics principles and worked with international regulators, both domestically and across territories including the UK and Europe, North America, and Asia.

Metadata management software provider, Solidatus, has hired Lorraine Waters as its Chief Data Officer, where she will champion the platform and engage with key stakeholders including current and future clients, regulators, and strategic partners.

She will also develop the product to meet stakeholder needs, market opportunities, and upcoming challenges, as well as support the business in the areas of data privacy, ESG, and financial crime risk management.

Ms. Waters joins Solidatus from HSBC, where she played a number of roles, including Chief Data Officer for Global Compliance, Financial Crime and Regulatory Compliance, Interim Chief Data Officer (US), and Group Head of Data Governance and Deputy Group CDO.

As Global Chief Data Officer for Financial Crime Risk and Regulatory Compliance at HSBC since 2015, she was responsible for defining the Bank’s financial crime risk and regulatory compliance data strategy and implementing effective data governance, data quality, data protection, and data management globally.

As HSBC Group Deputy Chief Data Officer and Global Head of Data Governance, Ms. Waters worked with HSBC’s global businesses and functions to implement data strategy, policy, governance structures, data management, and data quality best practice, education, and training.

At HSBC, she led the implementation of Solidatus for data sharing and data privacy. She also developed the bank’s approach to Data Ethics principles and worked with international regulators, both domestically and across territories including the UK and Europe, North America, and Asia.

Solidatus will leverage her unrivaled knowledge of facing data complexity issues within a large multinational organization, which also includes her experience as Global Head of Data Management at RBS, and sitting on many industry forums and advisory boards, such as the EDM Council.

She was awarded CDO of the Year 2018, Data Management Practitioner of the Year in 2019, and was ranked in CDO Magazine’s Global Data Power Women 2020.

Lorraine Waters, Chief Data Officer at Solidatus, commented: “I have felt an affinity with the Solidatus team and the product for a long time since I first brought it into HSBC.

“We quickly recognized the platform’s innovative and effective approach to a data sharing and data privacy problem we didn’t believe could ever be fully and efficiently solved.

“I was blown away by its potential to solve difficult data problems like data lineage for financial crime and traceability for ESG, but also by its simplicity and sheer efficacy, which isn’t an easy task when handling such extensive and sensitive organizational data. The chance to develop such a truly industry-leading solution was one I couldn’t pass up”.

Philip Miller, Co-CEO of Solidatus, said: “Lorraine is a visionary whose view of the future of data aligns perfectly with ours. Having already dealt with some of the hardest data jobs in the world, she is ideally qualified to help us take the next steps in leading the data management revolution”.

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