Managing third-party risk

Cornelius leads a cross-functional team devoted to ensuring due diligence of ARC participants, compliance to ARC products and overall integrity to our settlement and ARC Pay products. He has worked for multi-national companies and trade organizations across the globe, with experience in the Middle East, Europe, Asia and the U.S.

Rich Licato has more than 30 years of experience spanning IT security risk and compliance, operational and enterprise risk management and systems development. His responsibilities as ARC’s Enterprise Risk and Chief Information Security executive include Information Security, Physical Security, Enterprise Risk Management, Business Continuity, Network Operations, End User Support, Corporate Systems and Identity and Access Management.  

Prior to ARC, Rich held numerous Director positions at Fannie Mae overseeing Operations Risk Management, Information Systems Management, Enterprise Architecture, Information Security, and Systems Development. He also previously held positions at American Management Systems, Inc. Rich holds a Bachelor’s degree from the College of William and Mary and a Master’s degree from Carnegie Mellon University Tepper School of Business. 

Doug analyzes airline ticket data from US-based travel agencies to uncover various fraud schemes targeting the US travel industry. Doug focuses on tracking and disrupting the activity of various fraud rings and serial fraudsters from around the world that target US travel agents. He has worked for the past 29 years as an analyst, trainer, and manager in the Fraud Prevention department at ARC.  

Phil has spent his entire career within the airline industry and for the past 11 years has been responsible for all Travelport’s payment products, including looking after their ARC and BSP settlement processes. He also manages fraud processes and represents Travelport at several industry forums. Before Travelport, Phil worked for a major European airline in revenue accounting, a BSP data processing centre, and IATA. In his spare time, he enjoys horse racing, cooking and travelling to warmer climes.