Paolo Palmisano Email & Phone Number

Milano

I was recruited to reorganize the Capital Markets Area at Banor, with a focus on Straight Through Processing (STP) integration between Front Office, Middle Office, Back Office, and Risk Management. Subsequently, I was appointed as the Risk Manager within the organization.As part of my responsibilities, I have developed several applications using a Low Code-No Code framework called Outsystems, including a Risk platform called "RisKio". This platform performs various risk controls over the business, such as VAR and Stress Tests, Mark to Market, Counterparties' limits, Control of Asset Classes' limits on client portfolios, Overall Market Exposition and MtM, Credit Risk, Liquidity Risk, and ESG scoring.The RisKio platform is continuously updated using standard languages such as Java and C#, protocols like FIX, and technologies such as Oracle, SAP Crystal Reports, Network Solution, and Outsystems. Further improvements have been made to the platform through real-time messaging and cloud-based services such as AWS, Kubernetes, and Power BI.In 2012, I was also appointed as the responsible person for the Global Investment Performance Standards (GIPS), overseeing the entire process from the decision to adhere to GIPS standards to the development of processes, policies, and procedures, achieving certification for Banor in March 2013.As the Risk Manager, I am also responsible for the Internal Capital Adequacy Assessment Process (ICAAP) and Internal Liquidity Adequacy Assessment Process (ILAAP) reporting to the regulator.

Recruited to reorganise the Capital Markets Area with a focus on STP integration between Front Office, Back Office and Risk Management. I’m responsible for the overall quality and service of processes associated with Capital Markets operations. • Change of global custodian from Monte Titoli and ClearStream to BNP Securities Services• Mandated to design the new Treasury Dept• Implemented new Trading System for Equity, Bonds and Derivatives• Implemented new Risk Management suite for prop-trading business• Planned and organized the Delta-1 desk within the Treasury Dept of the bank

Recruited during the merge between Novagest Sim and Banca MB to handle the project of migrating the information system to a selected outsourcer called CEDACRI.• Implemented the new Back Office system for equity, bond and derivatives• Installed the credit card and payment business • Leaded the re-organization of the Bank• Managed the change of global custodian from 2S Bank to BNP Securities Services• Implemented new retail products and services • MIFID• BCP & DR project

Assurant Solutions is the leader in Creditor Protection Insurance and Extended Service Contract in US, Canada and South America.Mandated to manage the start-up of the Italian branch.I planned, organized and coordinated the provision of services in the areas of insurance operations, underwriting, processing, claims, customer service and IT. This included the installation and support of new and existing Products and Clients. Implemented compliance and regulatory changes. I was responsible for the overall quality and service of processes associated with insurance operations.

Recruited to reorganise the local IT team, creating two different Teams dedicated to CPI and Saving businesses.The team was composed by 31 resources located in Milan, Florence and Bangalore(India) where an Offsite Development Center has been created with Infosys S.A.to maintain and develop the main legacy application.Mandated to apply standard methodology for development and project management within BNPP standards (SEI-CMM). • Member of the Board of Directors at CARDIF S.p.A. Milano.• Manage a local I.T. budget: ~ € 3,6 M in 2005• Downsizing of the two PMS ( portfolio management systems ) from Legacy tonOpen• Developed a B2B front end to collect Assurance Contracts• Manage business systems security and control• BCP and Disaster Recovery project• Datawarehouse and Claims Workflow for CPI• Industrialization of Savings and CPI products

Mandated to create and manage the new company Information System• Member of the Board of IT Directors at Société Generale Paris• Created local trading room and built the local I.T. team (seven people)• Managed a local I.T. budget: ~ € 2 M in 2002• Developed an institutional pan-European trading system called SGTrade.Highlights include: trading in 5 European markets plus NYSE and NASDAQIntranet/Extranet applications to receive orders from legacy systems using different protocols, Real Time executions and monitoring tools.At that time several institutional clients with over 1000 trades each day.• Managed applications for FO, BO and Accounting • Managed network and security for remote access. (Clients, Ecn & Stock Exchanges)• Managed business systems security and control

Joined during the transition between the floor trading and the electronic market.• Mandated to create two different trading rooms in Milano, first in 1994 for 50 traders and the second in 1997 for 100 traders.• Created networks LAN and WAN, developed Basket Trading system using GL technology API.• Co-built the local IT team (ten people).

Visualart specialized in CAD and 3D systems, CAM and networking.Responsabilities : financial, staff management, relationship with external resources, sales and strategy.

Created new interfaces for transaction oriented systems on Unix machines.Sys-Dat was one of the biggest software houses in Italy for hotels and hospitals.