Salvatore Cangialosi

President

Salvatore is the president of Telavance and is responsible for corporate strategy. He has over 35 years of experience working with financial institutions. He is widely known as a pioneer of AML technology with compliance solution experience dating back to 1994. In the past year, he has been published twice in ACAMS Today.

As the founder of Prime Associates, Inc., he led the development of one of the first AML Compliance and Sanctions Filtering software solutions. The Prime Compliance Suite grew into an industry leading product that was implemented by over 200 financial institutions worldwide. He oversaw a comprehensive solution and support organization that included AML monitoring, advanced sanctions detection, enhanced due diligence, client onboarding, a professional service team, and comprehensive watchlist aggregation and distribution services for politically exposed persons, OFAC and other worldwide sanctions.

Sal also served as a leader in the field of advanced payment processing and middleware technology. He worked with a large number of international banks with a specialty in improving straight through processing and disparate systems’ integration.

His banking experience included senior management positions with international banks and technology firms including Metavante Technologies, Inc., Banco Urquijo, Arab American Bank, and the National Commercial Bank.