Meet Guy Robert, Principal, Resolution Compliance Consulting  

Tell us a little about your organization and why you got into this space.
 
At the heart of RESOLUTION is the dynamic alliance of two very important factors in business development: Business Intelligence and Data Intelligence. With our vast experience in the regulatory field, we know that this unique combination is key to the future success of any financial entity facing regulatory compliance requirements. We believe that the success and future effectiveness of regulatory compliance truly depend on the capacity of organizations to rethink how compliance is performed. The use of technology and data intelligence can enhance customer experience as well as overall compliance, and combining forces from business intelligence and data intelligence is paramount to that success.
 
Who are your clients and what types of regulatory challenges are they facing?
 
Our clients are large and medium-sized financial institutions. The regulatory requirements that apply to these organizations are just overwhelming. The scope of requirements is quite large, and it keeps growing and is constantly being updated. Financial institutions cannot continue fixing outdated systems or implementing manual processes to ensure the application of regulatory controls. Why not? Simply because it doesn’t work. Most of the time it complexifies the process, making it prone to human error, and the result is a diminished customer experience. Data intelligence can help alleviate the adverse effects while enhancing overall compliance.
 
What type of emerging technology do you think will have the greatest impact on your business/industry?
We still, and we will continue to, hear a lot about Artificial Intelligence, Machine Learning and Big Data, and add to this the development of new payment technologies and the evolution toward digital currency. This rapid development of information-related technologies is defining tomorrow’s organizations to be data centric. But this will come with new challenges. Decades ago, financial institutions were able to demonstrate security and privacy by the thickness of their walls and bullet-proof window at their main counter. Now other ways will be needed to demonstrate security and privacy in this nonphysical world. The new breed of compliance expert, the new guardian of security and privacy, will not only be regulatory savvy – they will have to be technology, business and data savvy.
 
Why did you join the CRTA? How do you think the CRTA will help your business (industry)?
 
We joined CRTA mainly for two reasons. At RESOLUTION, we pride ourselves on the mix of expertise that our people bring to our customers. But we also know that we do not carry all the expertise in the world and that we can always learn from others; this is the first reason. The second, we believe through a strong association, we collectively elevate and strengthen the Canadian RegTech industry, by bringing more awareness and more visibility of this specialty and specially by creating an industry communication channel with the regulator.




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​Meet Sam Webster President of Portfolio Aid


Tell us a little about your organization and why you got into this space?
 
Founded in Toronto in 2001, PortfolioAid provides investment dealers with market leading RegTech, encompassing trade surveillance, KYC suitability monitoring, business intelligence, and inquiry case management.
 
PortfolioAid empowers compliance officers, field supervisors, and investment advisory teams to work efficiently with one another to ensure supervision controls are adhered to. PortfolioAid believes investment advisors will demonstrate positive compliance practices if given access to the right regulatory technology and insight on how to do so. 

          Meet Christian Weedbrook, CEO & Founder of Xanadu.ai.
 

Tell us a little about your organization and why you got into this space?
 
Xanadu is an advanced AI and quantum computing company, founded in 2016 and based in Toronto. With over 35 PhDs, and affiliations with MIT, Harvard and U of T, Xanadu is a world leader in quantum photonics and machine learning.
 
Throughout all of our products and engagements, trust is a core value. As a result, we have put extensive effort into building out tooling to ensure our models and algorithms are unbiased, fair and interpretable, while meeting the strictest of regulatory standards

We provide these tools to our partners as part of our trustworthy AI platform, Silver Hammer, to ease their burden of model validation and regulatory requirements, allowing them to bring AI products into production significantly faster and with far greater confidence.

Meet Ali Zahedi, Funder and Managing Director of Infinite Investment. We asked Ali to tell us about his firm and how they are using emerging technology to advance their product 
Ali, Tell us a little about Infinite Investment Systems and why you got into this space

Infinite Investment Systems (IIS) developed Harmony as an all-in-one portfolio management system which clients could comfortably rely on for all of their operational and administrative needs. From its core portfolio account and valuation capabilities to the extensive CRM now present in the application, we have always strived to deliver more and more functionality on a platform that continues to evolve. Put simply, clients had to shop for various modules or augment ‘comprehensive’ platforms with spreadsheets and we wanted our clients to get the breadth and depth of functionality they needed on one system, Harmony.

Meet Mario Cantin, the CEO and Chief data strategist of Prodago, a Lean Data Governance software as a service (SaaS) company, headquartered in Montreal.
 
Tell us a little bit about Prodago .
Prodago was founded in 2013 with a corporate mission to help businesses and government agencies to assess, understand and manage the data risks that could materially impact the success of their initiatives (i.e. projects) by taking a lean approach to data governance. We have been fortunate to count amongst our clients some very large, complex, successful  organizations including; Cirque du Soleil, Standard Life Insurance, National Bank of Canada, Alcan, Bell Mobility, Immigration Canada, Desjardins and CN.

Meet Lori Weir, CEO and Co-founder from Four Eyes Financial – one of the latest Canadian RegTech firms to join the CRTA. We asked Lori to tell us a little about her firm and why she joined the CRTA.
​Tell us a little about Four Eyes Financial
 
Four Eyes Financial is a Canadian RegTech company that exists to unify risk data and provide four meaningful views into that data. This is the origin of our name. For investors, that means a client portal that encourages ongoing engagement with their advisor and feedback on how changes are impacting their risk score. For advisors, that means having a way to track KYC updates and monitor clients’ risk profiles for product suitability. For compliance teams, that means having an exception alert dashboard with embedded case management for launching and resolving inquiries into the field. For regulators, that means a window into each of these processes for targeted, quick and painless audits.