Ted, who joined the firm in 2009, is responsible for operational and regulatory risk management and compliance within the e-gaming department and is the Money Laundering Reporting Officer on a number of Isle of Man-licensed gaming companies.
SMP Partners has also announced the appointment of Neil Young to its gaming department. Manx-born Neil joins the company after working for seven years at a well-known Irish online bookmakers in Dublin and Guernsey.
SMP Partners is the Isle of Man e-gaming sector's dominant provider, representing more than half the Island's licensed gaming companies. It is the third largest employer of gaming professionals in the Island, with a 30-strong gaming department.
Since joining the SMP Partners' team, Ted has overseen the provision of regulatory compliance and monitoring on a wide range of business sectors. In addition he is Nominated Officer for several UK-licensed gaming companies. He has recently achieved Fellowship status within the International Compliance Association.
Before joining SMP Partners, Neil was Operations Executive in the e-gaming division of a large gaming firm, and also gained experience in the business's customer service, customer operations, fraud/risk and payments departments. He was chiefly based in Dublin, but was also seconded to Guernsey to assist with the migration of a casino licence between jurisdictions.
Group Director David Hudson said: 'Ted's knowledge of the operational and regulatory risks associated with Egaming has proved vital to us as we have grown our involvement in this sector and achieved the market leading status we have now. Ted will continue to play a key role in our business as we develop new services offerings to meet the changing demands of this dynamic sector. With many of our clients now holding multiple licences from multiple jurisdictions, the compliance, regulatory and operational demands are significant and the complexities involved require much greater focus and resource. Ted's promotion and the recruitment of Neil, an experienced industry specialist, demonstrate our Group's commitment to meeting our clients' needs in this critical area and enhances our ability to bring real value to new and existing clients through the specialist knowledge inherent within the team."