Canadian Compliance Consulting

Regulatory Compliance

In today’s financial landscape, compliance isn’t just about meeting legal obligations—it’s a strategic necessity that drives trust, efficiency, and long-term growth.  Whether you’re a growing fintech, a financial institution, or a technology provider, Fintech Firma helps you navigate Anti-Money Laundering (AML), Know Your Customer (KYC), and ISO 20022 challenges—so you can scale with confidence.

Why Hire an Experienced Consultant Early

• Stronger Feasibility Studies: Identify compliance requirements right from the start, avoiding costly pivots or project delays.

• Smoother Processes: Streamline AML and KYC workflows to reduce fraud risk, accelerate approvals, and ease audits.

• Reduced Costs: Establishing a compliant foundation prevents expensive rework and fines down the line.

• Confidence & Trust: Show investors, partners, and customers that you’re serious about security, privacy, and operational excellence.

Our Core Compliance Services

• AML & KYC Advisory: Build robust policies, automate monitoring, and enhance due diligence for a frictionless customer experience.

• ISO 20022 Consulting: Adopt the latest payment messaging standards to remain agile, efficient, and future-ready.

• Audit Prep & Ongoing Support: Identify gaps, implement fixes, and keep pace with evolving regulations to stay in good standing.

• Custom Compliance Strategies: Tailored frameworks that align with your unique business goals, risk profile and product suite.

Why Fintech Firma?

• Deep Expertise: Years of experience in Canadian compliance regulations and global best practices.

• Proactive Methodology: We help you spot potential issues early, minimizing surprises and costs.

• Flexible Engagements: Whether you’re a startup or established institution, we tailor solutions to fit your scope and budget.

• Local Know-How: Based in Toronto, we understand the specific challenges and opportunities of the Canadian fintech landscape.

How We Work With You

1. Gap Analysis: We assess your current compliance posture and highlight vulnerabilities.

2. Tailored Strategy: We develop a roadmap that aligns with your business goals and risk profile.

3. Implementation Support: From KYC automation to AML risk scoring, we ensure smooth adoption.

4. Ongoing Compliance Monitoring: Regulations evolve—we help you stay ahead with periodic reviews and updates.

Why Bring in an Experienced Consultant Early?

KYC: Faster, Safer Customer Onboarding

Common Pitfalls:

• Rigid or outdated identity verification processes create friction and abandonment during onboarding.

• Manually handling compliance leads to errors, fraud, and compliance failures.

• Emerging fintechs struggle to meet regulatory expectations, delaying product launches.

How We Help:

• Optimize KYC workflows to reduce onboarding time while staying fully compliant.

• Implement smart verification (e.g., biometric checks, AI-driven fraud detection) to improve security and user experience.

• Align with FINTRAC and other regulators to ensure your processes meet evolving expectations.
  
  

AML: Avoid Fines & Strengthen Fraud Prevention

Common Pitfalls:

• Weak transaction monitoring leads to missed red flags and potential regulatory penalties.

• Ineffective risk scoring results in unnecessary compliance burdens on low-risk customers.

• Manual reporting slows down compliance and increases operational costs.

How We Help:

• Implement efficient transaction monitoring to flag suspicious activities in real-time.

• Design tailored risk-based AML frameworks that reduce compliance overhead while maintaining security.

• Automate suspicious activity reporting (SAR) and regulatory filing to avoid penalties.