The Business Spotlight: The section where we look at the companies active in the sectors we cover, tell their stories and introduce their solutions to show you what they’ve got and who they are. Today with…
- What can you tell us about your company and your products & services?
Arctic Intelligence is a RegTech business that provides market-leading audit, risk and compliance software in the financial crime risk management area.
Designed to meet regulatory compliance obligations and industry best practice, our solutions help companies assess their risks and deploy appropriate and proportionate controls to mitigate and manage those risks.
- How did you come up with the idea and what drives you?
Millions of companies are subject to financial crime regulations but often lack the domain expertise to identify and assess their risks and then build appropriate and proportionate controls to mitigate and manage these risks to meet their regulatory compliance obligations.
Arctic Intelligence was founded in 2013 with the belief that in order to make an impact on the financial crime problem that it was necessary to combine deep domain expertise with world-class technology to provide regulated entities, regardless of their size, sector or geographic location with the necessary tools to manage audit, risk and compliance programs.
- What is it that makes your company different from others?
What makes us different is that underlying everything we do is the drive to make a positive contribution in the fight against financial crime, which often has a devastating social impact – violence on our streets, drug addiction, organised crime, and broken families.
- Where are you based?
We are headquartered in Sydney, Australia.
- When was the company launched?
Arctic was founded by Anthony Quinn our Founder and CEO originally as a side-hustle in 2013 and officially launched in late 2015.
- What traction have you made? Can you tell us about your biggest achievements so far?
We have developed a suite of market-leading risk and compliance solutions that are licensed to over 100 clients in fifteen different industry sectors and six countries.
- What advice would you give to other entrepreneurs and start-ups?
It’s a team effort. Starting out as an entrepreneur you are probably equipped with 10% of the skills you need to succeed. The sooner you recognise that and start building out a team of advisors, investors, staff and supporters, the more likely you are to fill the skill gaps and build a high performing team that has what it takes to cut through.
- What can you tell us about your team?
Our executives all have a strong background in financial crime prevention and risk management, working for leading financial services and consulting firms around the world. We’re all passionate about delivering solutions that set the standard for our industry and work hard to make that happen.
- What’s next for your company?
We’re about to launch a fully flexible risk assessment solution that is agnostic to risk domain and highly configurable, which allows even the most sophisticated business to conduct risk and control assessments in a proportionate way across any risk discipline.
We are in a growth phase and expanding our customer base in a range of sectors and countries so watch this space!
- How do potential customers and investors get in touch with you?
For updates, news and information about Arctic Intelligence, follow us on our social media channels
- Twitter – https://twitter.com/financialcrime1
- LinkedIn – https://www.linkedin.com/company/arctic-intelligence/
- Facebook – https://www.facebook.com/ArcticIntelligenceCo/
- Vimeo – https://vimeo.com/arcticintelligence
“The Business Spotlight on…” is the section at PlanetCompliance that looks at the companies active in the sectors we cover, tells their stories and introduces the solutions to give them a platform to show what they’ve got and who they are. If you want to know more about how you can get featured in this section, contact us at firstname.lastname@example.org or on Twitter at @PlanetComplianc