FINTRAIL Solutions will deliver clients best in class financial crime consultancy services
October 2, 2018, New York – Guidepost Solutions LLC, a global leader in compliance, investigations, and security consulting and FINTRAIL Ltd., a preeminent financial technology (FinTech) compliance consulting firm, have announced the formation of FINTRAIL Solutions LLC, a joint venture establishing a world-class financial crime consultancy company. Led by a management team composed of top executives from each existing company, this unique partnership will serve the specific needs of the North American FinTech and RegTech markets by leveraging the credibility and knowledge of Guidepost Solutions with the experience and capabilities of FINTRAIL.
“We are thrilled to announce the creation of FINTRAIL Solutions, which will set a new standard for financial crime consultancies,” says Julie Myers Wood, CEO of Guidepost Solutions. “The scope of the threat of financial crime in North America, particularly for FinTech and RegTech clients, is significant and created the need for such a venture. Combining the knowledge of two respected entities will only serve to enhance our advisory capabilities.”
The new company intends to focus on three core FinTech and RegTech financial crime risk mitigation offerings in North America: building risk focused, compliant and commercially intelligent anti-financial crime frameworks; audit and internal assurance services; and remediation services. These services are designed to assist clients at any stage of their development. Additionally, the company will offer specific support services for traditional brick-and-mortar firms seeking transformational services.
“Our ability to offer these core competencies makes FINTRAIL Solutions an ideal partner to legacy organizations, as well as RegTech and FinTech businesses seeking subject matter expertise or seeking to enter the North American market,” said Robert Evans, Co-Founder of FINTRAIL. “Helping clients grow, adapt and solve problems, this new entity will leverage the combined assets of two great consultancies and help stem the tide of financial crime.”
Additionally, in Q4 2018, FINTRAIL Solutions will establish the North American chapter of the FinTech Financial Crime Exchange (FFE). The FFE, already operating in Europe, will bring together a network of North American FinTechs to collaborate on the best practices in financial crime risk management and create a globally connected community in the fight against financial crime. More information on the exchange will be announced at a later date.