As Deputy Banking Commissioner for the State of Wyoming, Ms. Ortega was responsible for the oversight and examination of the state’s banks and trust companies. She led the financial institution examination team to ensure regulatory compliance and the safety and soundness of the state’s financial institutions for the customers they serve.

“Our B2B customers rely not just on our technology and financial services stack, but our ability to deliver regulatory compliance with KYC, AML, escrow, trust, funds processing and custody,” said Scott Purcell, CEO and Chief Trust Officer. “Having Amanda join the team puts an exclamation mark on how seriously we take this obligation and further reinforces our unending commitment to our customers and to regulators regarding the integrity of our services.”

“This is incredibly exciting for the company and the industry” said Aja Heise, Prime Trust’s Chief Compliance Officer, “by adding Amanda we now have the highest quality, most all-encompassing regulatory and overarching compliance program in the industry.”

During her tenure with the Wyoming Division of Banking, known as one of the most innovative and progressive states in the country, Ms. Ortega was instrumental in assisting the Commissioner in providing counsel to legislators regarding new banking models in general, and blockchain technology in particular. Her work laid the foundation for the State of Wyoming to become the first blockchain-welcoming state.

“I’m excited to join Prime Trust and help ensure overall compliance for the company and for its customers,” said Ms. Ortega, “while at the same time working to see that our financial services can be delivered with as much automation and as minimal friction as possible.”

Author Scott Purcell

Scott Purcell is the CEO and Chief Trust Officer of Prime Trust, the blockchain-driven trust company. His firm provides trustee, custody, escrow, AML, KYC, payment processing, accounting, and compliance for numerous stablecoins, exchanges, platforms, broker-dealers, investment advisers, portals and others who are building business that are changing the world.