The Beyond Capture Podcast

In this conversation, Dean Elwood speaks with Tracey McDermott, former Acting Chief Executive of the Financial Conduct Authority and former Chief Compliance Officer at Standard Chartered.Drawing on her experience on both sides of the regulatory divide, Tracey reflects on how misconduct emerges inside financial institutions, what regulators look for when things go wrong, and how banks can build stronger cultures of accountability.The discussion covers the mortgage endowment scandal, LIBOR, the challenge of rebuilding trust in financial regulation, and the evolving role of compliance as data and AI reshape the industry.Chapters:00:00 Intro01:17 From Litigation to the Financial Regulator04:29 The mortgage endowment mis-selling case07:22 Rebuilding Trust in the Regulator10:17 The Reality of Leading a Public Regulator12:56 The role of boards in risk oversight15:25 The Hidden Patterns Behind Financial Misconduct18:05 Enforcement vs Culture in Financial Institutions20:27 Why the LIBOR Scandal Changed Everything22:47 Individual Accountability vs Systemic Failure26:34 The Hardest Problems Finance Still Has30:27 The Gap Between Regulation and Reality32:00 Looking Back on a Career in Regulation and Banking33:58 The Future of Compliance and the Role of AI

In this episode of Beyond Capture, Dean Elwood, CEO of Umony, speaks with Corinna Mitchell, General Counsel of Symphony, about supply chain risk, operational control and regulatory resilience in financial services.The conversation examines how resilience obligations extend through the supply chain, the role of certifications such as ISO 27001, ISO 42001 and SOC 2, and why accreditation and verification of those certifications matter. Corinna explains how financial institutions assess control and security across vendors and subcontractors, how critical and important suppliers are identified, and how proportionality is applied in practice.They also discuss regulatory expectations under DORA, where responsibility remains with financial entities, and how technology providers are preparing through contractual frameworks, governance and supplier oversight. The episode concludes with a look at how firms assess vendor risk, manage subcontractors, and present resilience and assurance in an increasingly complex regulatory environment.Chapters:00:00 Intro01:15 Introduction: Off-Channel Communications in Finance02:57 WhatsApp Fines & Regulatory Crackdowns05:45 Data Privacy & End-to-End Encryption08:09 AI, Analytics & Human Oversight10:25 Explainability, Auditability & AI Risks13:36 Certifications: ISO, SOC 2 & Trust Signals16:51 DORA & Operational Resilience18:34 Supply Chain and vendor risk21:32 Certifications, Accreditation & Vendor Due Diligence30:28 Cloud, Data Locality & Multi-Region Failover37:55 Global Standards & Harmonisation Challenges42:37 Product Vision – Analytics, Interoperability & Workflows47:29 Identity, Trust & The Future of Communication54:28 Outages, Geopolitics & Preparedness59:09 Pen Testing, Red Teams & Cyber Defence01:03:56 Closing: Practical Steps for Secure CommunicationsUKAS - United Kingdom Accreditation Service - https://www.ukas.comUKAS Certcheck - https://certcheck.ukas.comThe UK National Cyber Security Centre (NCSC) runs CHECK, and publishes a directory of assured CHECK providers - https://www.ncsc.gov.uk/schemes/check/find-an-assured-check-providerCREST positions itself as an accreditation body for cyber security service providers and maintains a searchable member directory - https://www.crest-approved.org/members/

In this wide-ranging conversation, Dean Elwood, CEO of Umony, sits down with Alan Charbonneau, CTO of Umony, to explore one of the most pressing questions in today’s AI landscape: what does it really mean to trust intelligent systems?From hallucinations and explainability to hybrid lexicons, human-in-the-loop workflows, and the limits of agentic systems, Dean and Alan break down where AI delivers, where it fails, and why progress may be shifting from “jobs” to “tasks.”They discuss the plateau of model quality, the risks of synthetic data polluting the internet, the economics of failed AI initiatives, and whether we’re chasing AGI for innovation or for the trophy. Along the way, they examine how UX, curation, and “AI seasoning” may hold the key to making AI actually useful, safe, and trustworthy.It’s a conversation about technology, but also about ethics, governance, and what remains fundamentally human as automation scales. Chapters:00:00 Intro01:11 Trusting AI: Where Do We Begin?03:35 Explainability, Citations & Transparency06:44 Regulators, Risk & 100% Data Coverage08:13 Beyond Red Flags: Business Insights & Green Flags11:14 The Limitations of Lexicons & Fuzzy Models13:44 The Future Without Lexicons15:22 Human in the Loop: Why It’s Not Going Anywhere20:09 AGI: A Goal or a Distraction?23:39 Big Tech, Valuations & the Trophy Problem25:59 Apple, Trust & Risk30:36 The AI Hype Cycle & ROI Reality33:05 Radiologists, Tasks & Human Judgment34:57 Chat Interfaces vs Better UX40:31 When AI Gets Things Wrong 44:58 The Future of Dashboards47:29 AI in Small Doses 

In this conversation, Dean Elwood, CEO of Umony, speaks with Dr. Hemma Lomax, Deputy General Counsel, Vice President, and Global Head of Ethics and Compliance at DocuSign, about how purpose, empathy, and neuroscience can transform corporate culture.A former SEC prosecutor and criminal barrister, Hemma shares her journey from enforcing rules to redefining how organizations build trust, integrity, and responsible growth.Together, they discuss leadership, culture, and “the Office of Unlock” — Hemma’s approach to turning compliance from a function of control into a driver of ethical decision-making and innovation.The discussion also explores how regulation, human behavior, and data governance are evolving in the age of AI, and what this means for the future of ethics and compliance in business.Chapters: 00:00 Intro 01:11 Origins and Early Drive 03:22 Building a Global Career 06:17 Resilience and Purpose 09:06 Decision-Making and the Brain 12:21 Radical Empathy and Everyday Integrity 20:34 The Office of Unlock 29:27 Culture, Leadership, and Human Impact 33:50 Vulnerability and Doing Hard Things 35:23 Parenting, Compliance, and Agency 39:08 Influence, Media, and the Power of Messaging 45:44 Compliance as Influence and Trust 52:10 Regulation and Responsibility 1:01:42 Regulators and the Risk Mindset 1:03:56 Data, Trust, and the Green FlagLinks to Hemma’s channels:Unless The Podcast https://www.youtube.com/@UnlessThePodcast/videos Great Women in Compliance https://www.youtube.com/playlist?list=PLD0gUglo89BrSri7MCOCDi0Ovza2bcrrN

In this wide-ranging conversation, Umony CTO Alan Charbonneau sits down with Dietmar Fauser, CIO of Symphony, to explore how language, intelligence, and progress intertwine in the age of AI.From the evolution of trader voice analytics to the rise of agent-to-agent systems, Dietmar shares how Symphony is bridging human communication and machine understanding, and what it means for industries built on trust, compliance, and speed.They discuss the limits of large models, the ethics of autonomous systems, and whether humanity can truly manage the pace of its own progress. Along the way, they reflect on the nature of intelligence, the future of work, and the moral systems that keep us human in an age of accelerating machines.Chapters: 00:00 Intro 01:01 Technology, scale, and the Symphony platform 03:19 From trading floors to AI: Symphony’s evolution 07:06 The rise of generative AI and the moment everything shifted 15:12 Teaching machines to understand trader language 21:46 AI, autonomy, and agent-to-agent systems 32:03 The risks of progress and the need for guardrails 38:50 Jobs, disruption, and the new AI economy 43:47 Are large models plateauing? 49:19 What do humans still do best? 56:34 “We are programmed for progress”: the accelerationist view 01:02:15 Unlocking collective intelligenceHere’s the link to the research mentioned in the podcast:https://futurism.com/facebooks-language-creating-ai-bots-are-now-required-to-negotiate-in-english

In this special three-way conversation on Beyond Capture, Dean Elwood is joined by Sally Dewar, former Managing Director of Risk at the FCA, and Stephen Sanders, former Chief Compliance Officer EMEA at J.P. Morgan, two influential voices in financial regulation and risk.Together, they unpack the post-2008 regulatory landscape, explore the shifting balance between safety and growth, and dive into the far-reaching implications of the EU’s DORA legislation.If you’re navigating third-party risk, operational resilience, or tech-driven compliance, this episode offers grounded insight from leaders who’ve shaped the system, from both sides of the regulatory fence.Chapters:00:00 – Intro00:33 – Setting the Stage: Are We Safer?02:04 – The Problem of Risk Displacement09:06 – Innovation, Growth & Regulatory Balance18:03 – DORA: Why It Matters More Than You Think25:12 – Smarter Compliance, Proactive Culture28:41 – Final Thoughts & What Comes Next

In this episode of Beyond Capture, Umony CEO Dean Elwood sits down with Stephen Sanders, former Chief Compliance Officer EMEA at J.P. Morgan and a compliance veteran of over 40 years. Stephen reflects on his journey from the early days of handwritten trade records to today’s AI-driven compliance landscape. They discuss the critical turning points that have shaped financial regulation, including the landmark Zubulake case, the rise of electronic records and the growing importance of proactive data management. For anyone navigating the complex world of compliance, this episode provides valuable insights into the past, present and future of financial oversight.Chapters:00:00 – Intro00:24 – Early Days in Compliance01:15 – The Shift from Notebooks to Digital Records04:13 – Turning Points in Financial Regulation: The Zubulake Case10:45 – Records, Risk, and Responsibility17:41 – Technology and the Rise of AI in Compliance28:02 – The Subjectivity of Regulatory Standards35:08 – Preparing for the Next Compliance Challenge

In this forward-looking conversation, Umony CEO Dean Elwood sits down with CTO Alan Charbonneau to explore how large language models (LLMs) are reshaping how we think about intelligence, agency and creativity.From early “magic moments” in autocomplete to AI’s role as research assistant, creative partner and code generator, they reflect on the speed of innovation, the future of programming and what real-world AGI might look like.They also discuss what sets human creativity apart, and whether AI can (or should) develop taste, agency and originality.Chapters:00:00 – Intro00:44 – The First Magic Moment with AI02:50 – Creativity vs. Imitation06:55 – How AI Changes the Way We Code10:29 – Regulation, Control & Responsibility14:46 – What Makes Intelligence Human?21:45 – Where AI Is Going Next

In this wide-ranging discussion, Dean Elwood talks with Umony Advisory Board member Sally Dewar — an experienced finance professional whose career spans KPMG, the London Stock Exchange’s regulatory division, the Financial Services Authority (FSA) and JP Morgan. Sally recounts her front-row seat to the upheaval of the financial crisis, offering a behind-the-scenes look at regulatory challenges and the major cultural shifts that followed.If you’re curious about how the banking world really works behind the headlines — and what the next evolution of risk, regulation and AI-driven compliance might look like — this episode gives an insider perspective on the changing face of finance.Chapters:00:00 Intro00:27 Sally’s Career Journey02:57 Inside the LIBOR Scandal08:16 Regulatory Evolution18:35 Role of Technology29:21 Culture & Conduct30:25 Future OutlookFCA update as pointed out in the podcast:⁠https://www.theguardian.com/business/2025/mar/12/financial-watchdog-scraps-plan-to-name-and-shame-uk-firms-under-investigation