CorCom
Bates Group is a 40+ year U.S. financial services consulting firm delivering compliance, litigation, regulatory, and data analytics services to broker-dealers, RIAs, private funds, banks, fintech, insurance, and legal counsel from its Portland, Oregon headquarters.
- Company typePrivate
- Founded1984
- HeadquartersLake Oswego, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What CorCom does
Bates Group is a U.S. financial-services consulting firm founded in 1984 and headquartered in Portland, Oregon, providing compliance, litigation, regulatory, and data analytics services to broker-dealers, registered investment advisers, private funds, banks, money services businesses/fintech, insurance companies, and legal counsel. Service lines are organized into four practices: BD-RIA Compliance (registrations, reviews, CCO outsourcing, program build-out, supervisory support, and exam preparation), Data Analytics (P&L and damages reporting, trade investigations, market abuse monitoring, tech reviews, and data-centric regulatory response), Litigation and Regulatory (securities litigation and arbitration, industry sweeps, enforcement defense, and expert testimony), and Fintech & Banking (risk assessments, policy development, compliance reviews, and training). Underlying capability centers on a data analytics platform that has processed "billions of data points across thousands of engagements," combined with deep regulatory and legal expertise (credentials including JD, CAMS, CFE, and CCI) delivered through seasoned practice leaders and a co-CEO leadership team.
The firm operates a professional services revenue model: engagements are customized, quote-based, and not publicly priced, spanning recurring CCO outsourcing and ongoing supervision retainers alongside project-based litigation, expert testimony, and analytics work. Go-to-market is direct enterprise field sales executed through dedicated Business Development directors and practice-area leaders, supplemented by thought-leadership content (annual Capital Markets Chartbook, FINRA Regulatory Oversight analyses) and presence at industry events such as the SIFMA AML and Financial Crimes Conference and NSCP Compliance Labs. The firm is privately held as an Oregon LLC with no disclosed parent, subsidiaries, or external investors, and currently serves a U.S.-only footprint from a single Portland office.
Customer segments are diversified across eight verticals/horizontals, reducing single-industry exposure but with no named enterprise logos disclosed in source material; pricing signals point to enterprise-grade engagements. Bates differentiates on talent depth (250+ specialized areas, credentialed practitioners), regulatory tenure (40+ years), and proprietary analytical artifacts, with client satisfaction reported at 95%. The firm has no disclosed AI/ML product capabilities, no documented data flywheel, and no disclosed funding or M&A activity—consistent with a mature, organically grown professional services firm.
CorCom firmographics
Firmographics- Name
- CorCom
- Legal name
- Bates Group, LLC
- Website
- https://corcomllc.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Bates Group is a 40+ year U.S. financial services consulting firm delivering compliance, litigation, regulatory, and data analytics services to broker-dealers, RIAs, private funds, banks, fintech, insurance, and legal counsel from its Portland, Oregon headquarters.
- Ownership category
- akta.pro rank
CorCom industry classification
Industry- Product category
- Financial Services Compliance Consulting
- NAICS
- Management Consulting Services (54161)
- akta.pro primary industry
- AML/CTF Transaction Monitoring & Case Management (FSAGAFAC)
- akta.pro secondary industries
- AML/Financial Crime for Securities (KYC, Sanctions, PEP) (FSACAJAE), Case Management, Investigations & SAR/STR Filing (FSAMAMAF), AML Case Management, Alerts & Workflow Orchestration (FSADALAH)
Keywords
Where CorCom is headquartered
LocationHeadquarters
- HQ city
- Lake Oswego
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
CorCom business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Compliance Consulting Services: Ongoing compliance support including registrations, reviews, CCO outsourcing, program build-out, regulatory supervision, and exam support for broker-dealers, RIAs, and funds. Likely structured as recurring professional services engagements.
- Litigation and Regulatory Support: Full-service litigation and regulatory support including securities litigation/arbitration, industry sweeps, enforcement, reviews, and expert testimony. Typically project-based or hourly engagement model.
- Data Analytics Services: Industry-specific data analytics services for P&L reports, trade investigations, market abuse monitoring, and tech reviews. Billed per engagement or as part of broader consulting retainer.
- Fintech and Banking Advisory: Customizable regulatory solutions including risk assessments, policy development, reviews, and training for fintech and banking clients.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
CorCom product offering
Product offeringCore offering
CorCom provides AML (anti-money laundering) compliance consulting services to financial services firms. Based on the associated firmographic and operational data, the broader practice delivers end-to-end compliance, litigation, regulatory, and data analytics services for broker-dealers, registered investment advisers, private funds, banks, insurance firms, and fintech/money services businesses, supported by deep customization and decades of regulatory expertise.
Differentiator
Problem solved
Functional benefit
Products and services
- BD-RIA Compliance
Quantifiable outcome
- 95% client satisfaction rate
- +2 more outcomes
Companies that use CorCom
Customer profileNamed customers7 records
Segments7 records
Ideal customer profiles4 records
CorCom technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
CorCom partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights5 records
CorCom competitors and assessment
Company assessmentEmerging players
- MCO (My Compliance Office): MCO provides integrated compliance and regulatory reporting software for investment advisers, broker-dealers, and private funds, increasingly competing with consulting-only providers on the technology side of the same workflows.
Direct peers
- ACA Group: ACA Group (formerly ACA Compliance Group) is a leading provider of risk and compliance advisory, AML, and technology solutions to the financial services industry, directly competing with the subject firm across BD/RIA compliance, AML, and fintech advisory.
- Compliance Risk Concepts (CRC): CRC offers outsourced CCO, AML, supervisory, and regulatory exam support for broker-dealers and RIAs, a near-twin to the subject firm's compliance outsourcing and exam support offerings.
- Cipperman Compliance Services: Cipperman specializes in CCO outsourcing, compliance program design, and mock SEC exams for RIAs and private fund advisers, competing head-to-head in the subject firm's primary vertical.
- Efficient Compliance: Efficient Compliance provides AML, KYC, and BSA consulting plus outsourced compliance for fintechs, MSBs, and banks, directly competing in the subject firm's Fintech & Banking practice.
- Core Compliance: Core Compliance provides outsourced CCO services, AML compliance, and regulatory consulting for investment advisers and private funds — directly comparable in client type and service scope.
- National Regulatory Services (NRS): NRS provides compliance consulting, regulatory exams support, and AML solutions for broker-dealers, RIAs, and investment companies — overlapping directly with the subject firm's core BD-RIA Compliance and Fintech/Banking service lines.
Broad incumbents
- NICE Actimize: NICE Actimize is a major AML, KYC, and transaction monitoring software provider serving the same financial institutions the subject firm advises; it represents the technology-led competitive threat the consulting firm must position against.
- Grant Thornton Financial Services: Grant Thornton's regulatory compliance and risk practice serves broker-dealers, RIAs, and banks with AML, regulatory exams support, and fintech compliance — broader in scope but directly comparable on key verticals.
- CohnReznick: CohnReznick's Financial Services practice provides AML, regulatory compliance, and risk advisory to broker-dealers, banks, and fintechs as part of a broader accounting/consulting firm, overlapping on AML and regulatory work.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
CorCom social profiles
Digital presenceCorCom financial estimates
Financial estimateRevenue estimate
Valuation estimate
CorCom leadership team
Management profileNumber of profiles
Profiles9 records
CorCom funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CorCom M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CorCom
What does CorCom do?
CorCom provides AML (anti-money laundering) compliance consulting services to financial services firms. Based on the associated firmographic and operational data, the broader practice delivers end-to-end compliance, litigation, regulatory, and data analytics services for broker-dealers, registered investment advisers, private funds, banks, insurance firms, and fintech/money services businesses, supported by deep customization and decades of regulatory expertise.
Is CorCom a public or private company?
CorCom is a private company. It is classified as unknown and is currently operating.
When was CorCom founded?
CorCom was founded in 1984. It employs 101 to 250 people.
Where is CorCom based?
CorCom is headquartered in Lake Oswego, United States, in the North America region.
How does CorCom make money?
Four revenue lines are on record. Compliance Consulting Services are the primary driver. The others are litigation and Regulatory Support, data Analytics Services and fintech and Banking Advisory.
Who are CorCom's main competitors?
MCO (My Compliance Office) is listed as an emerging player. Direct peers are ACA Group, Compliance Risk Concepts (CRC), Cipperman Compliance Services, Efficient Compliance, Core Compliance and National Regulatory Services (NRS). Broad incumbents are NICE Actimize, Grant Thornton Financial Services and CohnReznick.
Does CorCom have an API?
No public API is recorded for CorCom.
What industry is CorCom in?
CorCom's product category is Financial Services Compliance Consulting. Its primary akta.pro industry code is FSAGAFAC, AML/CTF Transaction Monitoring & Case Management, with a secondary code of FSACAJAE, AML/Financial Crime for Securities (KYC, Sanctions, PEP). Its NAICS code is 54161.