Title365 Company Appoints Chief Compliance Officer
August 8, 2013
Title365 Co. announced that Clay White has been promoted to chief compliance officer (CCO). He previously was director of compliance and implementations. In this new role, White will be responsible for regulatory compliance, audits and procedural standards along with assessment of potential risks and opportunities for industry innovation of benefit to Title365 clients.
White’s wide-ranging experience in operations management, compliance initiatives and P&L responsibilities began as a senior financial analyst with T-Mobile. He came to Title365 after successful service with other Fortune 500 companies, including Fidelity National Financial where he was a senior internal auditor. White also held executive-level roles at Fidelity Information Services and Lender Processing Services, where he moved into operations as the vice president of production at LPS Default Title and Closing. Prior to joining Title365, White served as vice president of quality assurance and control at LPS where he oversaw operations compliance at the business unit level for LPS Default Title and Closing, Agency Sales and Posting, Land Records of Texas, PIRT and the Irvine Technology Center.
“Clay has extensive experience with the company, in-depth knowledge of our business and brings a demonstrated track record in operations management and compliance initiatives,” said Andy Fragassi, chief operating officer for Title365. “In his new role, he’ll focus on the growth and continuous improvement of our procedural standards and compliance initiatives while ensuring the ongoing culture of compliance at Title365.”
White has obtained Certified Risk Management Assurance (CRMA) as well as Certified Risk and Information Systems Controls (CRISC), Certified Information Systems Auditor (CISA); and is a Certified Internal Auditor (CIA). He is an active member of the Information Systems Audit and Control Association (ISACA) and the Institute of Internal Auditors.
“Because Title365 is already built on innovation and a vast knowledge of the title industry, the design of industry-demanded protocols and controls, congruent with increasing regulatory constraints, will continue to push Title365 to the forefront of the industry,” said White. “Our clients expect that we are taking care of the risks at our level so they can, in turn, focus on their customer obligations.”