For the second year in a row, Chief Operating Officer at Alessa recognized as an exceptional leader in the regulatory tech industry by The Financial Technology Report.
TORONTO and NEW YORK, February 9, 2021 – Alessa, a leading provider of compliance and fraud prevention solutions, is pleased to announce that Andrew Simpson, Chief Operating Officer of Alessa, has been recognized as a top regtech executive of 2021 by The Financial Technology Report.
Alessa is an industry-recognized and fully-featured compliance, controls monitoring and fraud prevention solution that has seen exceptional growth in the adoption of the solution for compliance to global anti-money laundering (AML) regulations. Banks, credit unions, money services businesses (MSBs) and casinos around the world have chosen Alessa for its modular approach where clients can select the functions that they need and the ability to interface with existing internal banking systems and ease of use.
“As the Financial Technology Report noted, the regulatory technology sector continues to grow in significance given the now widespread use of digital financial services. Alessa uses sophisticated technology like machine learning, big data, and cloud computing to help financial institutions adapt to this changing environment” said Andrew Simpson.
Alessa will continue to offer customer due diligence, sanctions and watchlist screening, real-time transaction monitoring, regulatory reporting and case management capabilities. Alessa is supported by a number of third-party data providers, including Dow Jones Risk & Compliance, World-Check, Thomson Reuters CLEAR® and CipherTrace, to provide the best-in-class risk data so organizations can take a risk-based approach to compliance.
To learn more why Alessa is a regtech of choice, contact us today.
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 reduces profitability and increases costs. To learn more about how Alessa can help your organization ensure compliance to regulations, detect complex fraud schemes, and prevent waste, abuse and misuse, contact us today.