On-Demand Compliance
Our flexible, On-Demand Compliance and TempCCO services provide the risk and compliance expertise you’ll need to develop and build your scale-appropriate risk management infrastructure.
With Africa establishing a burgeoning tech ecosystem in FinTech hubs such as Ghana, Nigeria, Kenya, and South Africa, a traditionally fragmented financial system is steadily being built on mobile and web-enabled platforms, apps and systems. Under a new tech-focused digital financial services ecosystem, funded in part by tech investors, FinTech startups are seeking to develop, grow, and scale critical payments infrastructure one country at a time.
Since 2016, Stratis Advisory has supported African FinTechs, NGOs, financial institutions, and investors in-country, on-site, and remotely. More importantly, Stratis Advisory has developed the AML/CFT compliance infrastructure, anti-bribery and corruption (ABC) frameworks, business continuity plans, and consumer protection regimes for payment service providers and licensed institutions. In addition, the firm has responded to regulator inquiries and examinations, performed regulatory required independent reviews, and guided investors on jurisdiction-specific compliance and operations of their portfolio companies.
How will you build appropriate
fit-to-scale AML/CFT
compliance infrastructure?
Developing scale-appropriate AML/CFT compliance programs to comply with local laws, banking and payment partner requirements, and investor expectations is critical to maintain momentum, manage cash burn, keep engineering on schedule, and unlock opportunities for product and geographic expansion.
Stratis Advisory helps African FinTechs accelerate their go-to-market strategy in the tech ecosystem with deep knowledge of local regulatory requirements from the Central Bank of Nigeria to the South African Reserve Bank, compliantly connecting payment partners, and expanding locally in country, but also across the continent.
Stratis Advisory Services for African FinTechs
Licensing as a Service
Open new geographies with a comprehensive managed service to cost-effectively achieve licenses as an authorized payment or e-money institution, payment service provider, or money transfer system.
Assessments
Look beyond the surface to understand the level of ongoing operational compliance and risk management. Obtain a scale-appropriate snapshot in time with go-forward recommendations on existing gaps and future-proofing.
Investor & Partner Due Diligence
Seeking to expand into new regions for revenue growth or invest in a new portfolio company? Our due diligence provides you with actionable jurisdiction-specific risk and compliance intelligence.
Training
Live regulatory and operationally focused training that integrate technology, engineering, business, and compliance teams on local and global AML/CFT, ABC requirements and best practices to increase the knowledge base company-wide.
Board Training
Elevate from the basics to enhanced insight for directors, executives, and investors on your firm’s risk profile and culture, what it means, how to mitigate it, and where the costs are in this regulatory market.
Independant Audits
Dive into scale-appropriate regulatory audits on your risk management infrastructure, including ABC, AML/CFT, business continuity/disaster recovery, cybersecurity, Nacha Operating Rules, OFAC sanctions, data privacy, vendor management, and NYS DFS Part 500 and 504.
Enterprise Risk
After years of building, identify where risk lurks across your firm from product to compliance to technology, roll it up for transparency and strong governance, and tighten up those initial building blocks and blind spots to keep your rocket ship on course.
Geographic Expansion
Going global? Opening new geographic markets comes with plenty of nuances, we have you covered as a single provider across six continents, whether going from the US to SG, UK/EU to US, AU to UK, etc.
Bank Partnership Programs
Unlock new revenue streams by standing up a new approach to providing banking services to FinTech companies seeking to offer their clients savings accounts, cards, payment rails, lending, and other services.
Systems Implementation
Determine the appropriate risk, fraud, and compliance systems for your business and risk profile. Establish scorecards, rules, and settings throughout the customer journey to align with back-end monitoring, processes, workflows, and reporting.
RISK | STRATEGY | CYBER COMPLIANCE MANAGEMENT
