Oprisk Limited and DXL Ltd 2000 to Date

David Millar

Address: 43, Lavender Sweep London, SW11 1DY Tel: +44.20.7978.5491 Mobile: +44.7715.488056 E-mail: [email protected] and [email protected] (personal) Web sites: www.opriskconsulting.com and www.dxl.biz (personal) Nationality: Dual, full British and US citizenships. Languages: Fluent English and Spanish – able to work in Italian and, with practice, French.

David is a process, IT and risk management professional supporting the financial services. General experience covers business and IT strategy, consulting and business development as well as major programmes, outsourcing services and change management initiatives. A speciality is in the area of the New Basel Accord (Basel 2) and the implementation of the supervisory requirements (Pillar 2) where he is an accepted global expert. He is an experienced banking sector manager and consultant with business knowledge and experience at board level in many global and regional banks and financial institutions. He deals with regulators, central banks and financial utilities in different countries and knows the banking software industry well. David is a pragmatic requirements planner and change facilitator, is an experienced presenter and trainer, highly mobile and used to working globally with different cultures.

Career History (in reverse chronological order)

OpRisk Limited and DXL Ltd 2000 to date David works for his own IT, marketing and business consultancy, and in an operational risk partnership. From DXL Ltd, he offers services to banking and IT in marketing and sales, documentation and communications, strategic, organisational and implementation planning. David also contributes to specialist journals and undertakes speaking and chairing roles at conferences. Specialities are Basel II and operational risk, transaction utilities, financial middleware and outsourcing. Further details plus writing assignments are on www.dxl.biz. Assignments for DXL included specification and business planning an equities clearing outsourcing utility, marketing strategies and repositioning exercises for middleware vendors, the development of an FSA compliance software product and proposing a new consortium outsourcing service. Recent projects include definition and planning of an unsecured debt recovery facility (facilitated workshops, benefits and risks analysis) and internal desktop product manager for an UK bank (product management, operational and commercial risks analysis, service strategies and planning). In early 2002, David, with others, created OpRisk Limited (www.opriskconsulting.com) to build on his experience of tracking Basel developments since 2000. This provides services in integrated risk management with particular focus on operational risk and the implications of the New Basel Accord (Basel II), the EU RBCD (CAD/3) Directive and resulting FSA regulation. David consults on Basel II, evaluates products, designs briefings and workshops on the requirements and implementation of Basel II with a focus on Pillar 2 and operational risk management. He has given training courses on Pillar 2 implementations and built a consulting offer for compliance, operational effectiveness and risk assessment. At all times, the focus of OpRisk Limited is to provide early, simple but beneficial solutions to the regulatory requirements of Basel II and FSA requirements.

Cap Gemini Ernst & Young (CGEY), originally Hoskyns 1994 to 2000 Strategic Global Banking Group, Divisional Director 1999 – 2000 David was responsible for researching and developing CGEY’s global banking services as well as support for major strategic initiatives. Specific involvements included investigations into operational

David A Millar Page 1 04/04/2018 risk, development of an M&A consulting offer, an ISO 15022 service, a Straight-through Processing (STP) offering to the investment and brokerage industries and investigating and developing CGEY’s finance market business in Asia. UK Banking and Finance, Divisional Director 1997 – 1998 Overall responsibility - including previous investment banking team – for consulting, builds and integrations, major programme management and outsourcing - to UK banking clients. A £130M annual business was created going into 1999. Head of the UK Investment Banking, Associate Director 1995 - 1996 David created this business development unit, with revenue, profit and sales targets. Major clients included UK exchanges, regulators and overseas banks. Market leadership was achieved in facilities and applications support outsourcing in the City and in the provision of euro implementation assessment and change management. Took this business from £10M annually to over £70M at the end of 1998. Account Manager 1994 Joined the Hoskyns financial team to develop their “City” business as account manager for UBS Warburg (applications outsourcing), JP Morgan (consulting and applications outsourcing), the SFA (build and outsourcing) and CRESTCo (FM). Responsibilities included development strategies, sales and marketing as well as P&L responsibilities for projects.

BIS Information Systems (now Misys) 1988 - 1993 David ran the financial projects division with a team of 80+. This included P&L, business development, HR, client management, agency deals and project responsibility as well as personal initiatives such as rapid development systems and mortgage business models.

Logica Financial Systems 1984 - 1988 David managed business development and projects for stock exchanges and the UK settlements markets. Achievements included sales to six stock exchanges and managing of three multi-client consortiums for the settlement business. To 1985, he was a specialist consultant in settlements and stock exchanges.

SPL International (now part of EDS) 1973 - 1984 The last two years were as a banking consultant, including specifications of branch systems in various countries. Previously, he held P&L responsibility in Spain, Italy and Holland for financial clients. To 1977, he was systems development manager in London and Spain.

Penguin Books Limited - programming team leader to Programming Manager 1969 - 1973

Oxford University, Statistical Research Unit - programmer/analyst 1968 - 1969

NCR Limited – programmer 1967 - 1968 Technical (Current) MS Office XP suite – Word, Excel, Powerpoint, MS Project, MS FrontPage (built and supports both the DXL and OpRisk web sites), HTML, JavaScript and other web design tools. Management, consulting and project methodologies. Qualifications, Education & Activities Member of the British Computer Society (MBCS) since 1979. Educated at the Oratory School, England from 1956 to 1964 (10 “O” Levels & 4 “A” Levels) and at University College, Dublin, 1964-1966 (did not complete biochemistry degree). General travelling, cycling, scuba diving, bird watching and digital photography. London theatres, concerts and opera, art galleries and restaurants. PC and Internet usage and development.

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