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Financial Services IT 2016: Avoidance of Risk

Speaker(s): Aaron D. Charfoos, Brian F Clayton, David M. Ross, Donald R. Ballman, Gary Swiman, Jacqueline Allen, Laura L. Himelstein, Lesley Matty, Michael Stawasz, Michael Stiglianese, Rashmi Chandra, Richard Raysman, Robin L. French, Seth Rachlin, Sofia S. Rahman, Timothy Belevetz
Recorded on: May. 18, 2016
PLI Program #: 149720

Lesley Matty is Senior Counsel - Intellectual Property & Global Data Privacy for Tiffany & Co., responsible for intellectual property, data privacy, advertising, media and PR matters, as well as related retail and corporate matters worldwide.  Prior to joining Tiffany, Lesley was Legal Counsel at Richemont North America, Inc., which owns several of the world’s leading luxury watch and jewelry brands.  At Richemont, Lesley managed domestic intellectual property enforcement for all brands and a wide variety of transactional matters.  Before moving in-house, Lesley was an associate at two boutique intellectual property firms where her practice focused on domestic and international trademark and copyright clearance, prosecution, portfolio maintenance, enforcement and litigation.  She is a graduate of Emory University and Yeshiva University’s Benjamin N. Cardozo School of Law.

Mike Stiglianese a Managing Director in BDO Consulting’s Technology Advisory Services practice, having more than 30 years of experience in IT financial and risk management, compliance and controls, shared services and expense management. He has a successful track record of over 30 years of experience implementing financial and risk management solutions for global organizations. Mr. Stiglianese is a respected information security visionary with a wealth of perspective on global financial services and corporate risk. He has extensive experience dealing with regulatory agencies.

Mr. Stiglianese has held senior IT risk management and CFO positions for major global businesses. He has specialized in cost control and internal corporate consolidations. During his time as CFO of Citigroup’s Global Operations and Technology, Mr. Stiglianese was responsible for managing the financial analysis for the business cases which determined which functions to consolidate     across shared operations and technology infrastructure. These consolidations resulted in the realization of significant savings over multiple years.

Later, in his role as Citigroup’s Chief IT Risk Officer, Mr. Stiglianese was responsible for the coordination of the global cyber security program and the governance and implementation of a global cyber remediation program.

His specialties include IT Financial Management (ITFM), IT Asset Management (ITAM), IT Expense Management, IT Risk Management, Information Security, Continuity of Business, Cost Control, Shared Services Implementation and Management, Chargebacks, Regulatory Reporting, Management Reporting, and Financial Management.

Dr. Rachlin has twenty-five years experience building and advising companies in the insurance, technology and business services sectors.  He has founded, built and negotiated the sale of two companies to publicly traded entities.  He has extensive experience as a consultant to over 50 Fortune 500 and middle market insurance companies in both the Life and Annuity and Property and Casualty businesses.  He has also advised numerous software, service, and hardware providers in the business application; data management; security, network and data center infrastructure; and information integration spaces.

Dr. Rachlin is currently Vice President and Portfolio Executive within Capgemini’s Insurance Business Unit.   In this role, he is responsible for managing all aspects of the firm’s relationships with P&C clients in the Central Region and Canada including direct oversight of two significant core system replacement initiatives.  He is also active in practice development surrounding Capgemini solutions, which support underwriting and product management transformation and predictive analytics.

Prior to joining Capgemini, Dr. Rachlin was President of the Information and Analytics Division of Advisen, a leading provider of data and analytics to the commercial P&C marketplace.   While at Advisen, he oversaw the successful launch of Advisen’s competitive intelligence and predictive analytics products and created a professional services organization to support their integration into customer systems and underwriting workflows.

Prior to joining Advisen, Dr. Rachlin was CEO of Moore Stephens Business Solutions (MSBS), a leading provider of performance management solutions to property and casualty insurance carriers, brokers and managing general agents.  Dr. Rachlin founded MSBS in 2006, grew the company to a $7 million annual run rate, and successfully concluded its sale to Cover-All Technologies in April 2010.  The sale delivered over a tenfold return to the company’s investors.

Previously, Dr. Rachlin served as a Partner of the TechPar Group.  At TechPar, Dr. Rachlin provided strategic direction, competitive positioning, and partner and channel development support for over 20 middle market technology providers.  Five of Dr. Rachlin’s clients were the successful targets of acquisitions by IBM, Oracle, Red Hat and Emerson Network Power.

Prior to TechPar, Dr. Rachlin was CEO of Connect Systems, Inc. a New York based data management consulting firm he founded in 1995.  At Connect, he and his team built systems to automate customer and investor outreach in association with four demutualizations (insurance IPO’s) and eight class action settlements.  These systems managed the distribution of over 200 million pieces of mail as well as complex workflows involving over five billion pages of documents.  In 2002, Dr. Rachlin negotiated the sale of Connect to Net2S, a publicly traded French IT staffing firm later acquired by British Telecom.

Dr. Rachlin holds an undergraduate degree in History from Princeton University, a Ph.D. in Sociology from Columbia University, and has published widely in academic, technical, and popular journals.

Rashmi Chandra brings over two decades of experience as a technology and intellectual property transactions lawyer. In her last position she served as Executive Director and Head of the Intellectual Property/Information Technology law practice group at Aetna Inc., one of the nation’s premier provider of health care, dental, pharmacy, disability insurance. As the lead IP counsel, Rashmi played a strategic role a number of pioneering initiatives including Aetna’s launch of an Enterprise Digital Accessibility policy and a Digital Accessibility center, establishing a Patent Center of Excellence, and overseeing all legal and strategic enforcement and maintenance issues relating to the Aetna enterprise and its subsidiaries’ intellectual property assets, brand counseling, media, technology and software legal issues. 

Prior to her inhouse career, Rashmi spent eight years in private practice as an IP and Technology Transactions lawyer at Kirkland & Ellis (Chicago office) specializing in technology and business process outsourcing and other IP transactions.

Rashmi has served as a faculty member with the Practising Law Institute since 2015 speaking regularly on the Legal Risks of Social Media and other IP-related topics. She recently served as a faculty member with Harappa Education in India for their course: Speaking Effectively and will be a guest lecturer at the University of Connecticut School of Law IP Clinic. Rashmi serves as President and is on the Board of Directors for the South Asian Bar Association of Connecticut. 

Sofia heads up the Social Media Legal department at Citi globally and is also responsible for Privacy and Data Protection across the Operations & Technology group. 

Her practice areas also include mobile applications, online and offline marketing, advertising, intellectual property and promotions.

Sofia began her in-house career with Citi in 2004.  Prior to that, she was in private practice at Davis & Gilbert, LLP in New York City.  Sofia received her J.D. from Boston University School of Law and her B.A. from Columbia College, Columbia University.

Timothy D. Belevetz is a partner in Holland & Knight’s Washington, D.C., and Tysons offices. A former federal prosecutor and U.S. Securities and Exchange Commission (SEC) attorney, he practices in the area of white-collar criminal defense, SEC enforcement, compliance and internal investigations. Tim represents companies and individuals in a range of government investigations and enforcement actions.  He also conducts internal investigations involving the Foreign Corrupt Practices Act along with other potential corporate misconduct and provides compliance counseling to companies designed to help prevent the need for such investigations.  He is a member of the firm’s National White Collar Defense and Investigations and Securities Litigation teams.


During his 12 years at the U.S. Department of Justice, Tim served both in the U.S. Attorney’s Office for the Eastern District of Virginia and at the Tax Division, where he prosecuted a wide array of white collar offenses against both individuals and entities.  During his eight years at the U.S. Attorney’s Office, where he most recently served as chief of the Financial Crimes & Public Corruption Unit, he prosecuted and investigated a range of complex financial crimes.  As a trial attorney in the Tax Division’s Criminal Enforcement Section, Tim led the prosecution of federal tax offenses.  He has extensive trial experience, having served as counsel in numerous federal trials involving securities and corporate fraud, tax offenses, health care fraud, fraudulent investment schemes, money laundering, bank fraud, identity theft, and arson, among others. In addition, he has prosecuted other white-collar matters such as FCPA violations, theft of trade secrets, and campaign finance offenses.


Tim has extensive securities litigation experience.  Prior to his tenure at the Justice Department, he spent two years at a leading national law firm defending civil securities fraud actions and representing clients in U.S. Securities and Exchange Commission enforcement matters.  Before that, he served for five years at the SEC’s Division of Enforcement, where he investigated and prosecuted federal securities law violations, including complex financial fraud, insider trader, accounting violations, unregistered securities offerings, and broker-dealer violations.


Tim received a B.A., cum laude, from Amherst College, a J.D. from William & Mary Law School, and an LL.M. in Securities Regulation from the Georgetown University Law Center.

Richard Raysman is a partner in the New York office of Holland & Knight.  Richard has been selected by Chambers as one of America's leading technology lawyers, and he is a regular guest columnist for The Wall Street Journal Technology Section.  He has represented clients in billions of dollars of outsourcing transactions, and he has litigated reported cases for the New York state and federal courts including Internet and licensing disputes.  Richard writes a monthly column for the New York Law Journal on "Technology Law".  He is a graduate of M.I.T. and prior to practicing law, he was a Systems Engineer for IBM Corporation for six years.

DAVID M. ROSS is an assistant general counsel with the Intellectual Property and Global Technology Unit of the General Corporate Law Section at MetLife.  David’s responsibilities focus on global strategic IT issues including intercompany platform development and integration, IT security and cybersecurity, IT policies and standards, business and technology process migration, and telecommunications matters.  He also has extensive experience in negotiating complex third-party outsourcing agreements, as well as software licenses, data licenses, and other forms of vendor agreements.

He has been on the faculty of the Practicing Law Institute in prior years, was the founding chair of the Committee on Telecommunications Law of the Association of the Bar of the City of New York and also served as the Association’s Administrative Law Committee chair.

Prior to MetLife, David had various legal positions at Lehman Brothers, Guardian Life, Kramer, Levin and Fried, Frank.

David received his B.A. from the University of Illinois, an M.A. in political philosophy from McGill University in Montreal, Canada, and his J.D. from the NYU School of Law.

Robin French is currently Senior Counsel to KPMG International Cooperative, the coordinating firm of the worldwide KPMG network. Ms. French, a graduate of the University of Michigan Law School, began her career as a corporate associate at Cahill, Gordon and Reindel and was Assistant General Counsel at Scholastic, Inc, the children’s book publisher. Her areas of practice include global agreements for various services including technology, intellectual property, and general corporate advice, utilized by the 155 member firms and over 150,000 employees in the KPMG network.