OTTAWA, January 12th, 2023. Alessa Inc. (“Alessa”), a leading provider of Anti-Money Laundering (“AML”) and Fraud solutions, has appointed Holly Sais Phillippi as Chief Executive Officer. Her hire comes at a time of increasing demand to meet the stringent requirements for AML compliance by banks and corporations.



Sais Phillippi brings over twenty years of experience in the risk management and compliance industry. Sais Phillippi has a wealth of experience working with global organizations assessing and implementing data and technology to meet and comply with regulatory requirements, with a focus on detecting fraud, money laundering and sanction compliance. She also serves as the Co-Chair to the Central Texas ACAMS Chapter Board and frequently speaks as a subject matter expert in Risk and Compliance forums.


“I am very excited to be joining the Alessa team,” said Sais Phillippi. “I believe Alessa is uniquely positioned to support organizations as they navigate through the convergence of fraud and AML. The team at Alessa is highly skilled and well-versed in their field, which has allowed them to develop a comprehensive risk management solution. It is crucial for compliance professionals to stay current with the quickly changing regulatory landscape and respond swiftly to regulatory demands to safeguard their organizations. I am confident that Alessa can provide the necessary technology and expert support to meet the specific needs of each organization, no matter where they are in their compliance journey.”


Alessa is an anti-money laundering (AML) compliance and fraud prevention solution that allows for the quick identification of suspicious activities and high-risk entities in compliance, finance, and procurement programs. This enables organizations to make informed decisions and comply with regulations and in doing so, protect their revenue and reputation.


“We at the Board of Directors are delighted to have Holly join us as CEO to lead the Alessa business going forward. She is highly respected within the industry and among her peers, and her deep experience in the AML space will be invaluable to the Company in executing its growth plan”, said Vaibhav Nalwaya, Managing Partner at Wavecrest Growth Partners and member of Alessa’s Board of Directors.


Recently, Alessa was included in the 2022 RegTech100, which recognizes the world’s most innovative RegTech companies for financial institutions, including the next generation of solution providers shaping the future of compliance, risk management, information security, and financial crime prevention.



Founded in 2006, Alessa is a compliance, controls monitoring and fraud prevention solution for banking, insurance, fintech, gaming, manufacturing, retail and more. With deployments around the world, Alessa allows organizations to quickly detect suspicious transactions, identify high-risk customers and vendors and decrease fraud risks that reduce profitability and increase costs.


Contact us today to learn more about how Alessa can help your organization ensure compliance to regulations, detect complex fraud schemes, and prevent waste, abuse and misuse.



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