Behavox Expands Global Operations in Tokyo to Demonstrate Commitment to Japanese Market and Customers

October 22, 2020 8:00 AM

New Tokyo Office and Hiring of Former SoftBank Executive to Lead Operations Signifies Japan’s Strategic Significance to Behavox

NEW YORK--(BUSINESS WIRE)-- Behavox, the world’s only AI-based data operating platform used by firms to catch misconduct before it causes massive regulatory fines and company crises, announced today that it has expanded its presence in Japan through the opening of its office in Tokyo, naming industry veteran Taro Togo as Managing Director.

“The Japanese market is strategically important to Behavox for the growth of our global business,” said Erkin Adylov, Founder and CEO of Behavox. “The opening of our office in Tokyo represents our investment in the Japanese market and commitment to earning the trust of our Japanese customers.”

Behavox is accelerating its investment in Japan to serve its finance and enterprise industries, which includes some of the largest international, Japan-based banks as its customers. Togo will establish Behavox’s Tokyo office and lead hiring initiatives in Japan. He will build out operations to support the growing demand for Behavox’s compliance and conduct solutions throughout the country.

Togo’s background as a global business development leader includes extensive experience identifying investment opportunities, conducting due diligence and expanding operations while at SoftBank Group Corp. (OTCMKTS: SFTBF; TYO: 9984). From London to Tokyo, he oversaw a large team across diverse geographies and was most recently Vice President of the Operating Group at SoftBank Investment Advisers.

“The indefinite work-from-home environment creates a decentralized risk map that increases the threat of corporate misconduct, making compliance violations a nightmare scenario of reputational and financial consequences for firms in Japan,” Togo said. “I look forward to helping Behavox serve the Japanese market by enabling customers to identify non-compliant activity and catch bad actors quickly and accurately, before they cause massive fines, brand damage, and corporate crises. Our goal is to help customers preserve the integrity of their operations.”

Behavox is proud to count SoftBank Investment Advisers as a customer and valued investor following its investment in February via SoftBank Vision Fund 2.

Behavox’s investment in Japan is just one of the latest corporate developments for the fast-growing AI company. In September, Behavox announced the appointment of Microsoft (NASDAQ: MSFT) veteran Gagan Gulati as the company’s first Chief Product Officer. Earlier this summer, Behavox expanded its presence in Montréal, Québec, with a long-term, lease commitment to accommodate continued hiring of engineering, data science, and product development teams.

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About Behavox Ltd.

Behavox is the gold standard for enterprise risk and compliance solutions. Its AI-powered technology helps global banks, hedge funds, and private equity firms identify bad actors quickly and accurately, preventing massive fines and company-debilitating crises. Behavox solutions uncover financial regulatory misconduct like insider trading, collusion, and market manipulation as well as HR-related misconduct, such as racism, sexual harassment, and discrimination. As an award-winning team of innovators and industry experts, Behavox has a reputation for successfully implementing the largest, most complex, global projects in the market. Customers rely on Behavox as an indispensable extension of their teams. They depend on Behavox to protect the integrity of their operations and preserve the trust of their clients. Founded in 2014, Behavox is headquartered in New York City and has offices in Montreal, San Francisco, Seattle, Singapore, Tokyo, London, and Abu Dhabi. More information about the company is available at www.behavox.com.

Media:

Ben Stricker

Behavox Communications Director

ben.stricker@behavox.com

Source: Behavox

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