REGTECH
C omplyAdvantage has emerged as a definitive leader in regulatory technology, fundamentally transforming how financial institutions combat money laundering, sanctions violations, and fraud. Founded in 2014 by serial entrepreneur Charles Delingpole, the London-based regtech company has evolved from a start-up addressing a personal compliance pain point into a global force serving over 3,000 enterprises across 75 countries.
The company’ s genesis story exemplifies entrepreneurial problemsolving at its finest. Charles, who previously co-founded MarketFinance and served as its Money Laundering Reporting Officer, experienced firsthand the frustrations of inadequate compliance tools.
“ I felt that no set of tools on the market could give me the insights I needed to make appropriate risk-based decisions, and therefore I started on my journey to start ComplyAdvantage,” Charles explained to the Association of Certified Financial Crime Specialists.
Today, ComplyAdvantage operates from five global hubs in London, New York, Singapore, Cluj-Napoca and Lisbon, with hundreds of employees dedicated to neutralising financial crime through advanced technology.
The technology revolution in compliance ComplyAdvantage’ s platform represents a paradigm shift in regulatory technology, moving beyond static databases to dynamic, real-time risk intelligence.
The company’ s proprietary technology analyses millions of structured and unstructured data points daily, identifying thousands of risk events through artificial intelligence, machine learning and natural language processing capabilities.
At the heart of ComplyAdvantage’ s offering lies the world’ s only global, real-time database of high-risk individuals and entities.
This comprehensive system encompasses sanctions and watchlists, politically exposed persons( PEPs), and adverse media monitoring across multiple languages and jurisdictions.
The platform’ s sophisticated algorithms process this vast array of information to create structured risk profiles that enable organisations to make informed, risk-based decisions rapidly.
The company’ s suite of solutions addresses the full spectrum of compliance challenges. Customer screening and monitoring tools automate onboarding processes while maintaining regulatory compliance. Transaction monitoring capabilities utilise machine learning algorithms, identity clustering, and graph analysis to detect suspicious activities in real-time.
The platform’ s flexibility has proven particularly valuable, with clients reporting significant reductions in false positives and streamlined alert management. fintechmagazine. com 149