PLANO, Texas – Marquis Software Solutions Inc. announced today that it is bolstering its compliance leadership team with the addition of Leslie Watson-Stracener, former director of regulatory compliance for Grant Thornton LLP. The expansion of Marquis’ compliance capabilities comes as the banks and credit unions Marquis serves face an increasing regulatory burden that includes new requirements going into effect at the beginning of 2018.
Watson-Stracener will join Marquis Sept. 27 as senior vice president of compliance client relationships. Prior to Grant Thornton, Watson-Stracener previously served as vice president of compliance at PrimeLending and as compliance and Community Reinvestment Act (CRA) officer and Fair Lending officer for ViewPoint Bank, now LegacyTexas Financial Group.
Marquis, based in Plano, Texas, is a leading provider of data analytics software and services that help financial institutions – primarily mid-tier banks and credit unions – identify marketing opportunities and meet and monitor complex and ever-evolving CRA, Home Mortgage Disclosure Act (HMDA) and Fair Lending compliance requirements.
“Leslie’s extensive compliance and regulatory knowledge, proven ability to develop client relationships and ability to help navigate today’s changing compliance and regulatory environment will be a great asset to our experienced compliance team,” said Susan Faulkner, chief executive officer of Marquis. “Combining Leslie’s leadership and deep industry expertise with Marquis’ compliance software, analytics and professional services will allow us to continue to better meet our client’s needs, especially in light of the enhanced requirements related to HMDA data collection and reporting effective Jan. 1, 2018.”
Counseling clients on the new HMDA requirements and helping them implement Marquis’ new compliance software solution, scheduled for October release, will be a key priority for Watson-Stracener and the compliance team over the next several months, Faulkner said.
“Marquis was founded in 1987 to help banks and credit unions meet regulatory requirements and the addition of Leslie’s expertise and other planned investments in this part of our business reflect our ongoing commitment to meeting their growing compliance needs,” said John Kassing, chief sales and revenue officer of Marquis. “We see a tremendous opportunity to continue helping our clients manage and lead through new and very complex and intense regulatory trends and requirements. Marquis is very excited to have Leslie join our team.”