Nels V. Marin to Provide Strategic Direction for Financial Sector Initiatives
Collaborative Software Initiative (CSI), the company that brings like-minded organizations together to work on collaborative software at a fraction of the cost, today announced that Nels V. Marin has been named to CSI’s Advisory Council. Based in New York City, Mr. Marin will be responsible for strategy and business development for CSI’s financial sector activities.
Mr. Marin most recently directed strategy for the North American Infrastructure Group at Citigroup. He also served as Global Head of Infrastructure for Barclays Capital where he focused on improving the performance, reliability and availability of global production systems. Mr. Marin served as Managing Director and Head of Global Infrastructure for Credit Suisse for 16 years.
“CSI has responded to the requests of wall street banks who wanted to collaborate on certain compliance projects,” said Stuart Cohen, CEO. “This sector has become an important focus for the company. We wanted to add someone to the Advisory Council who was strategic and technical as well as knowledgeable about the compliance and regulatory challenges the financial industry faces. Nels has a strong background in strategic development, process improvement, and implementation of service delivery IT systems.”
“CSI’s collaborative model delivers many opportunities for me to apply my specific expertise in meeting global regulatory and compliance requirements,” Marin said. “Our model is a high value critical component of the financial services business solution that CSI brings to bear in a practical yet innovative way across the industry.”
CSI is a member of the Financial Institution Shared Assessments Program (http://www.bitsinfo.org/fisap) created by BITS, a non-profit industry consortium made up of 100 of the largest financial institutions in the United States. CSI has allowed financial institutions to make vendor data more readily available through a web services front-end application for collection and editing shared assessment submissions and an XML schema for validating and accepting those submissions as XML documents. The CSI web-based compliance questionnaire framework can run on its own or be directly integrated with existing operational risk systems.
