For BaFin-supervised institutions

Compliance tools that actually work under pressure.

Built for lean compliance teams tired of reconstructing evidence from tools that were never designed for the way they actually work.

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Where we learnt our trade

The Reality for Compliance Teams

The tools you bought vs. The reality on the ground.

Most compliance software is sold as a silver bullet, but deployed as a burden.

Data & evidence
What you store, how you prove it.
expectation
A single source of truth.
reality
Stitching data from core banking, email threads, and monitor alerts.
Examiner readiness
How fast you can answer a regulator.
expectation
Automated compliance.
reality
Clearing your calendar for three days just to assemble a picture for the BaFin examiner.
Cost & fit
What it costs to run, not just to buy.
expectation
Enterprise-grade.
reality
Six-figure implementation costs for a system your lean team still has to work around.
Regulatory change
Keeping up when the rules move.
expectation
Future-proof compliance.
reality
A new BaFin circular drops, and your team spends three weeks manually making changes across static Word docs and hardcoded rules.

The founding story

Most compliance technology is built by people who have never had to use it under examination pressure. We have been on both sides.

We believe your technology should defend you during an audit, not be one more thing you have to defend.

Mohan Paranthaman

Mohan Paranthaman

Co-Founder · 20 years in AML, KYC, Fraud technology

Citi BNP Paribas Akbank AG
In twenty years of AML, the test was never whether I could block risk. It was whether I could stay defensible to an examiner without turning away the customers the business exists to serve. Staying customer-centric and audit-ready at once: that is the balance.

That is why we stay close to the customer and the people who do the work. It is the only way to build a workflow that works in production and holds up under audit pressure.

Karthik Iyengar

Karthik Iyengar

Co-Founder · 15+ years in payments & compliance infrastructure

Klarna Shopify Spotcap
Handling billions in payments at scale taught me that security and correctness are not features; they are the foundation. We do not build black-box compliance tools. We build verifiable workflows where the decision, the evidence, and the audit trail stay connected.

That is the engineering discipline we were trained in. It is also what most compliance systems lack. We build ours the other way: auditable by design, from the day they go live.

The Shift

Less time rebuilding the story. More time protecting the institution.

When context, rationale, and evidence stay connected, compliance stops operating in scramble mode. Your team can see what changed, explain why it changed, and answer under pressure without reconstructing the work from scratch.

What becomes visible

  1. The evidence behind the decision.

    Linked sources & materials

  2. The reasoning behind the change.

    Rationale & context

  3. The history behind the approval.

    Reviews, approvals & sign-offs

  4. The work affected by new obligations.

    Impacts & dependencies

Focused compliance workflows.

Three places lean teams
lose control first.

Filing deadlines, methodology drift, and unexplained risk scores create different kinds of pressure. Each product focuses on one workflow and makes the work easier to run, review, and defend.

FATCA / CRS / DAC8

Filing

Fully managed regulatory filing. We handle XML generation, schema validation, and DIP submission as authorised Datensender, and deliver your official BZSt receipt.

  • BZSt DIP API-native submission
  • Nil and full report support
  • Official receipt delivered to you
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Risk Methodology & Reg Monitoring

Methodology Engine

Your risk methodology is generated directly from the live model. When a factor weight changes, the document updates itself. When a new BaFin circular drops, AI identifies which chapters are affected.

  • Zero drift between model and document
  • ML, TF, Sanctions tracks separately
  • Regulatory change monitoring
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Customer Risk Scoring

Derisker

Every customer score shows its factors, weights, data sources, and override logic in one place. The examiner asks 'why Medium?'. You open the system and the answer is there.

  • MLRO-configurable factors and weights
  • Full audit trail on every decision
  • Override logic with mandatory rationale
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Enforcement pattern

The €60.7M of BaFin fines below trace to structural failure rather than bad intent.

The fines below appear to be about late filings, but the underlying cause is consistently structural. Risk ratings did not hold under scrutiny, triage and investigation ran slower than the filing deadline, and compliance was being run as overhead rather than as a product with domain focus and customer obsession. The same pattern is documented across BaFin, FCA, FinCEN, MAS, and FINMA enforcement in our whitepaper, and it is the gap our products are built to address.

  1. €45M

    J.P. Morgan SE

    BaFin's largest fine to date, issued for late STR filings between October 2021 and September 2022. The triage and investigation pipeline was running slower than the filing deadline.

  2. €9.2M

    N26 Bank

    Second BaFin fine after the 2021 action, with a growth cap and a special representative through end-2024. Compliance was being run as overhead, without the product management, customer obsession, and domain focus the work requires.

  3. €6.5M

    Solaris SE

    Late filings across a banking-as-a-service partner base, which led to the appointment of a special monitor. The risk ratings could not be trusted at the partner level.

Research

Deep dives for compliance teams

Whitepapers from 20+ years of compliance operations at Citi, BNP Paribas, and Akbank AG.

Compliance

BaFin's Proactive Mandate: The KYC/AML Blueprint for German Banks

A Whitepaper on how German Banks can redefine onboarding, KYC/AML, and Fraud handling under BaFin's tougher standards of compliance.

Mohan Paranthaman
Mohan Paranthaman
Methodology

The Missing Methodology Layer

Why the brain of compliance is absent from most financial institutions, and what happens when regulators come looking for it.

Mohan ParanthamanKarthik Iyengar
Mohan Paranthaman & Karthik Iyengar
Regulatory Reporting

The FATCA, CRS and DAC8 Filing Gap

What German financial institutions and crypto-asset service providers actually need to do before the next reporting cycle.

Mohan ParanthamanKarthik Iyengar
Mohan Paranthaman & Karthik Iyengar

If your compliance stack is costing you time, start here.

A 30-minute call. If there's a fit, we scope the workflow together. If not, you walk away with a sharper view of where your stack is slowing the team down.

Book a Demo