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Simudyne appoints leading international fraud security expert

Simudyne, a leading technology provider of agent-based simulation solutions, is pleased to announce the appointment of world renowned fraud security expert Dr. Edgar Lopez-Rojas as the business continues to leverage the power of its market-leading simulation platform to provide unrivalled fraud detection and mitigation solutions for financial institutions.

With over 18 years of international experience spanning Colombia, the Netherlands, Sweden, Norway and the UK, Edgar brings with him a wealth of academic and industrial simulation expertise. He joins having recently held the position of Postdoctoral Researcher at a number of leading universities including Universidad EAFIT and the Norwegian University of Science and Technology, where he specialised in the simulation of financial data for fraud detection. Edgar has also spent time using his expertise as a researcher for Bancolombia.

Working alongside a world-class team of experts as part of the Financial Simulation Engineering team, Edgar will be responsible for bolstering Simudyne’s computational simulation capabilities for security and financial fraud prevention, driving product innovation as the business continues to execute its ambitious growth strategy.

Commenting on the appointment, Justin Lyon, CEO and founder of Simudyne, said:“I am delighted to welcome Edgar to the Simudyne team. His credentials as a leading light in financial fraud simulation will significantly accelerate our product innovation, enabling us to offer clients market-leading solutions to tackle this rapidly growing threat.

“Businesses are waking up to the power of agent-based modeling and its ability to deliver improved fraud detection strategies by offering a forward looking approach and the ability to stress-test unlimited scenarios whilst reducing reliance on limited historical data. Edgar will play a key role in supporting our growth strategy as we look to seize this significant opportunity.”

Edgar Lopez-Rojas added: “I am thrilled to be joining Simudyne as the business continues to cement its position at the forefront of agent-based modeling innovation. The ambition and quality of the team is fantastic and I look forward to working with my new colleagues as they continue to redefine fraud detection capabilities for financial institutions.”

Chloe Hibbert