NEW YORK, October 22, 2019 (Newswire.com) - Crypto Asset Rating (CAR), the Independent Structured Rating Agency, is pleased to announce that it has expanded its global team further with the appointment of Jacob Prudhomme as Chief Legal Officer.
In this capacity, Mr. Prudhomme will oversee the company's legal and regulatory affairs and will design a compliance program focused on safeguarding the independence and integrity of the CAR analytic process. Mr. Prudhomme was formerly Head of North American Compliance at S&P Global Ratings and a former Senior Counsel at the Securities and Exchange Commission, where he specialized in equities market structure and credit rating agency regulation. Most recently, he has been with Corcoran Regulatory Advisors, LLC providing regulatory advisory services to blockchain and fintech companies.
Pramod Attarde, CEO of Crypto Asset Ratings, said of the new addition to the executive management team: "Our team is delighted to have hired for this role an attorney with regulatory and compliance experience in both financial technology companies and in credit rating agencies. Mr. Attarde added, "If we are to fulfill our promise of being the leading independent voice on the soundness and investment quality of crypto assets, then we must have an extremely robust compliance program to ensure we avoid even the suggestion that we would compromise our analytics for profit. We look forward to Jacob to import best practices from SEC-regulated rating agencies, such as S&P Global."
Crypto Asset Rating is a pioneer in developing a reliable rating system for the largely unregulated and unorganized crypto and blockchain markets especially crypto assets. The robust rating system developed by the Crypto Asset rating team is a unique framework built on objective evaluations by experts and objective criteria. The rating system is designed to review and evaluate crypto projects, digital assets, and ventures based on 125+ quantitative and qualitative parameters across 15 categories. Crypto Asset Rating launching Crypto Capital Access Platform (CCAP) that offers Software as a Service for the token issuers, broker-dealer and asset managers. CCAP is a tokenization platform.
Crypto Asset Rating is also developing Crypto Business World, where expert analysts will share in-depth and insightful content to inform the global crypto audience. The platform content will include articles, news, reports, interviews, videos, podcasts, case studies, webinars and more. The entire CAR ecosystem thus aims to introduce the much-needed elements of reliability and trust in the revolutionary world of cryptocurrencies and blockchain technologies.
Mr. Rippy Sethi
Source: Crypto Asset Rating