Abbott brings vast experience from the financial services sector
International fintech firm GPS Capital Markets has hired seasoned Canadian general counsel Alice Abbott as its first global general counsel.
Based in Toronto, Abbott has been tasked with establishing a legal department and overseeing all legal matters for the firm as it continues to widen its international presence.
“I am thrilled to be joining the team at GPS. I have been immensely impressed by the professionalism and culture of the company,” said Abbott. “I look forward to establishing the legal department and supporting the continued success of GPS.”
Abbott brings over 30 years of in-house legal experience, having worked for a wide range of companies and regulators in the financial services industry in Canada. Most recently, she was chief legal officer and chief compliance officer at crypro-currency company fabriik. Prior to joining fabriik she spent six years as global general counsel at Associated Foreign Exchange (AFEX). Abbott also led legal departments at Jameson Bank and Mercantile Exchange Corporation.
In addition to her vast experience in the foreign exchange industry, Abbott brings specialized knowledge in international law, anti-money laundering and anti-terrorist financing.
“I am thrilled to welcome Alice Abbott as our new global general counsel,” said Brandon Parke, president and CEO at GPS Capital Markets. “This appointment marks a significant milestone for GPS as we strengthen our commitment to legal excellence and ensure our operations align with the highest standards of compliance.
“With the increasing complexity of regulations, the need for robust legal guidance and expertise has never been more important. With the addition of Alice and her extensive experience we are bolstering our legal capabilities across the board."
Headquartered in Salt Lake City, Utah, GPS Capital Markets provides corporate foreign exchange services that help companies manage their foreign currency risks and execute foreign currency transactions through one unified platform. GPS has offices throughout the US, as well as in Canada, Australia, Lithuania, and the UK.
