.jpg)
ThetaRay, a leader in Cognitive AI for financial crime compliance, has appointed Brad Levy, former CEO of Symphony, as its new Chief Executive Officer to lead the next phase of global expansion and category leadership in transaction monitoring and due diligence.
Quick Intel
ThetaRay, a global leader in Cognitive AI financial crime compliance, announced the appointment of Brad Levy as Chief Executive Officer. Levy, a seasoned financial markets infrastructure executive and former CEO of Symphony, will guide the company’s next phase of growth as its Cognitive AI platform gains recognition as the leading solution for transaction monitoring and transaction due diligence across banks and fintechs worldwide.
"The industry is reaching a tipping point, where AI is no longer optional but foundational. I’m tremendously excited to lead the company forward alongside a team that combines deep domain expertise with real-world execution."
Levy’s career includes building and leading large-scale financial infrastructure. Most recently, he served as CEO of Symphony, a platform established by major global banks including Goldman Sachs and used by hundreds of thousands of financial professionals. Before that, he held senior roles at IHS Markit, including CEO of MarkitSERV and leadership of global loan settlement and software services. Earlier, Levy spent 18 years at Goldman Sachs, rising to Managing Director and Global Head of the Principal Strategic Investments Group. He was named CEO of the Year at the 2022 Markets Choice Awards.
“ThetaRay has built the leading AI platform for financial crime compliance, with proven impact across the world’s most complex financial environments,” said Brad Levy, incoming CEO of ThetaRay. “The industry is reaching a tipping point, where AI is no longer optional but foundational. My focus is on scaling this platform globally, deepening our partnerships with financial institutions, and embedding compliance as a strategic capability that drives sustainable growth. I’m tremendously excited to lead the company forward alongside a team that combines deep domain expertise with real-world execution.”
Levy joins at a key inflection point for ThetaRay. Under outgoing CEO Peter Reynolds, who led since June 2023, the company accelerated global growth, expanded its enterprise customer base, and enhanced its end-to-end product suite, solidifying its position as a category leader in Cognitive AI financial crime compliance.
Reynolds will step down due to family reasons and move into an advisory role, remaining involved during the transition to support the leadership team.
“ThetaRay is the clear category leader in Cognitive AI for financial crime compliance, and we have reached a moment where scale, execution, and global impact matter more than ever,” said Erel Margalit, Chairman of ThetaRay and Founder and Chair of JVP. “Brad is a proven leader in building and operating core financial infrastructure at global scale, and he is the right CEO to lead ThetaRay into its next phase as a defining platform for the industry. As Vertical AI becomes a critical driver in transaction monitoring and customer due diligence across the banking and financial sectors, ThetaRay is strengthening its position as a technological leader in this space. Over the coming years, we look forward to translating this leadership into a strong international business footprint. Beyond stopping increasingly sophisticated financial crime, ThetaRay enables legitimate global trade corridors by allowing banks and financial institutions to execute international transactions more efficiently and securely. I also want to thank Peter Reynolds for his leadership and impact. Peter helped in scaling the business to tens of millions of dollars in revenue, and we look ahead to the next phase of growth as we expand to hundreds of millions of dollars across international markets, with Vertical and Cognitive AI emerging as the category of choice for securing monetary transactions.”
ThetaRay is backed by prominent investors including JVP and Portage, alongside other strategic partners.
ThetaRay harnesses the power of Cognitive AI for financial crime compliance, enabling financial institutions to precisely identify legitimate customers while flagging bad actors. The SaaS solutions overcome the limitations of traditional rule-based systems by shortening long implementation lifecycles, enabling efficient, risk-aware compliance operations.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.