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Charlie is one of London’s greatest serial entrepreneurs – with ground-breaking the Student Room and Market Invoice under his belt, as an MLRO he saw the huge gap in the market for using AI/ML to solve both the Financial Crime problem and businesses problems in risking prison if they get it wrong. Thus he formed ComplyAdvantage in 2014 which now has offices in four countries around the world.

This whole area has many dimensions. First it’s a regulatory necessity – Fintechs, FS and increasingly others (Apple had to pay a big fine recently) need to Do The Right Thing. Second its a huge resource drain, traditionally very manually done. But third the MLRO is the poor bod that will be picked on to go to jail.

How does Fintech/FS handle these challenges?

What can computers and a smart bunch of folks do to solve this in a 21stC way?

All this and more are covered in this episode. Topics discussed include: Continue reading →