By the Numbers: The Rising Cost of Non-Compliance*
$274 Billion
in fines have been issued for financial crime-related violations globally since 2009
$206 Billion
is projected to be spent globally on governance, risk, and compliance (GRC) technology by 2027.
69% of Compliance Leaders
cite regulatory change and third-party risk as their top challenges
In a world of shifting regulations and rising complexity,
Cygnus Compliance is the calm you can trust.
We help financial entities enhance compliance, reduce risk, and achieve operational excellence by delivering end-to-end regulatory consulting and technology services.
Regulatory Risk & Compliance
We deliver end-to-end compliance support through expert model validation, RegTech implementation, model optimization, and staff augmentation to help financial institutions make informed decisions, manage risk, and deploy scalable solutions tailored to their operational and regulatory needs.
Third Party Risk
We help institutions manage vendor risk with a comprehensive, tech-enabled third-party risk management program that spans assessment, monitoring, lifecycle oversight, and regulatory readiness, ensuring visibility, control, and compliance across the extended enterprise.
Cyber Security
We deliver proactive, regulator-ready Cybersecurity & Privacy solutions that help financial institutions secure data, systems, and access across cloud, endpoint, and identity environments enabling resilience against today’s threats and readiness for tomorrow’s challenges.
Technology Consulting
We work closely with clients to assess current compliance infrastructure, identify gaps, and implement future-ready solutions that enhance performance, streamline workflows, and strengthen regulatory adherence.
Data Engineering & Analytics
We help institutions transform complex compliance data into actionable intelligence through advanced analytics, AI, data governance, and visualization; enabling smarter decisions, regulatory alignment, and enterprise-wide operational efficiency.
Regulatory Risk & Compliance
We deliver end-to-end compliance support through expert model validation, RegTech implementation, model optimization, and staff augmentation to help financial institutions make informed decisions, manage risk, and deploy scalable solutions tailored to their operational and regulatory needs.
Third Party Risk
We help institutions manage vendor risk with a comprehensive, tech-enabled third-party risk management program that spans assessment, monitoring, lifecycle oversight, and regulatory readiness, ensuring visibility, control, and compliance across the extended enterprise.
Cyber Security
We deliver proactive, regulator-ready Cybersecurity & Privacy solutions that help financial institutions secure data, systems, and access across cloud, endpoint, and identity environments enabling resilience against today’s threats and readiness for tomorrow’s challenges.
Technology Consulting
We work closely with clients to assess current compliance infrastructure, identify gaps, and implement future-ready solutions that enhance performance, streamline workflows, and strengthen regulatory adherence.
Data Engineering & Analytics
We help institutions transform complex compliance data into actionable intelligence through advanced analytics, AI, data governance, and visualization—enabling smarter decisions, regulatory alignment, and enterprise-wide operational efficiency.
Industries We Serve
Financial Institutions
Traditional banks and financial institutions face mounting regulatory scrutiny across areas like AML, KYC, transaction monitoring, and third-party risk. Legacy systems, fragmented data, and manual processes hinder agility, making it difficult to meet evolving compliance expectations while maintaining operational efficiency. Regulators now expect not just adherence but transparency, auditability, and continuous validation of controls.
FinTechs
FinTechs operate in fast-moving, innovation-driven environments, but often lack mature compliance frameworks. Rapid scaling, cross-border operations, and evolving business models expose them to regulatory gaps. Many struggle to balance user experience with robust risk controls, especially as regulators begin applying the same standards to FinTechs as traditional FIs. Operational challenges include aligning technology stacks with compliance workflows and integrating RegTech solutions.
Insurance Companies
Insurers face growing regulatory demands related to fraud prevention, policyholder due diligence, data governance, and ESG reporting. Many still rely on outdated infrastructure and siloed risk data, making it difficult to achieve unified compliance oversight. Operational risks also stem from manual underwriting processes, legacy claims systems, and challenges integrating AI or automation in a regulated environment.
Cryptocurrency & Digital Asset Firms
Crypto and digital asset firms operate under increasing global pressure to comply with AML, sanctions screening, travel rule requirements, and custody controls. Regulatory frameworks are fragmented and evolving, creating uncertainty and jurisdictional risk. Operational excellence is challenged by fast-changing technology, anonymity of transactions, and a lack of standardized controls leading to heightened regulatory exposure if risk programs are not proactively addressed.
Broker-Dealer/ RIAs
Broker-dealers and RIAs operate in a rapidly evolving regulatory landscape shaped by heightened oversight, complex disclosure rules, and expanding fiduciary obligations. Manual workflows, siloed systems, and outdated infrastructure limit their ability to supervise effectively, manage risk, and respond to regulatory change. Today’s expectations demand not only compliance, but demonstrable governance, integrated surveillance, and a proactive approach to operational risk.
Recent Insights
Cygnus Compliance Launches Open Compliance Suite
Cygnus Compliance, a regulatory technology and advisory firm with deep experience working with domestic and international financial institutions, proudly announces the launch of the Open Compliance Suite (OCS) - a modular, AI-powered platform redefining how compliance teams investigate alerts, govern models, and scale their program.
Cygnus Compliance Names Sanjay Agarwal CFOO
Cygnus Compliance is proud to announce the appointment of Sanjay Agarwal as Chief Financial & Operating Officer. Sanjay’s arrival marks a pivotal moment in the firm’s journey, following the unveiling of its bold new brand identity, the launch of the Open Compliance Suite (OCS) platform, and continued expansion with leading…
Cygnus Compliance Unveils Bold Rebrand Ahead of Five-Year Milestone, Signaling the Next Era of Growth and Impact
Cygnus Compliance, a leading regulatory technology and consulting firm, has unveiled a bold new brand identity ahead of its five-year anniversary this November. The rebrand reflects the firm's evolution from a boutique advisory firm to a modern, multi-dimensional partner for financial institutions navigating risk, regulation, and transformation.
Article: Teaching Machines to Spot What Matters
Financial institutions spend millions of hours annually on compliance alerts that lead nowhere, with false positive rates in some institutions surpassing 90%. Kevin Lee of Cygnus Compliance Consulting examines how AI and related technologies are poised to transform this inefficient landscape through supervised machine learning, automated narrations and more intelligent…
Alert: Fedwire® Funds Service’s ISO® 20022 implementation
The Federal Reserve Banks have rescheduled the Fedwire® Funds Service's ISO® 20022 implementation from March 10, 2025 to July 14, 2025. This single-day migration will replace the current proprietary message format with ISO 20022 messages. Financial institutions are encouraged to utilize the resources available in the ISO 20022 Implementation Center…
We’d love to hear from you!
Whether you have a question, feedback, or just want to say hello, click the button below to send us an email. We’ll get back to you as soon as we can.
