Jocata Financial Advisory and Technology is an innovative products and services firm specializing in Know Your Customer (“KYC”), Anti-Money Laundering (“AML”) and Combating the Financing of Terrorism (“CFT”) compliance for financial services industry clients. The company was founded by professionals from the Big Four firms with a goal to offer clients a complete solution, both in terms of a technology platform and in-depth subject matter expertise.
Jocata’s mission is to assist financial institutions in minimizing their financial risk, compliance risk, operational risk, and reputational risk from the abuses of financial crime, including money laundering, terrorist financing, and other illicit financial transactions. We achieve this by working with financial institutions to develop, implement and maintain effective yet operationally practical AML measures tailored to the institution’s products, services and business practices and that address the ever-changing strategies of money launderers and terrorists.
Our team of AML subject matter experts has deep experience in writing AML policies and procedures, leading regulatory ordered transaction look-backs, conducting historical transaction reviews, managing KYC remediation projects, conducting AML training, and developing customer risk ranking methodologies. Our technology teams design and implement solutions to practically resolve and mitigate money laundering risks as well as perform post-implementation reviews and tuning of AML monitoring systems.
We strongly believe in the values of honesty, integrity, commitment, and perseverance and we take great pride in serving our clients to the best of our abilities and to the fullest of their needs.