RiskPass

What RiskPass does

RiskPass AML+Compliance Ltd. is the oldest independent compliance consulting firm in the Cayman Islands, established in March 2005 and regulated by the Cayman Islands Monetary Authority under License number 1273134. The firm serves financial institutions and regulated businesses across the Cayman Islands and British Virgin Islands, with a client base spanning banks, fund administrators, insurance management and captive insurers, trust companies, remittance services, corporate management companies, law firms, real estate companies, jewelers, FinTech, and blockchain/digital asset platforms. Headquartered in Grand Cayman with a secondary Camana Bay address, the firm operates with a small team of approximately five professionals led by Managing Director Angela Mele.

The firm's service portfolio covers AML Officer Appointments, independent AML/CTF Audits, FATCA and CRS support, AML/CFT policy design and revision, corporate services (incorporation and registered office), business continuity and disaster management design, and specialized consulting for FinTech, blockchain, and digital asset companies including investor onboarding. Its proprietary technology is RiskCheck, a client screening tool that monitors client databases in real time against targeted financial sanctions lists and delivers email alerts at onboarding and during ongoing monitoring. Training is delivered via online and offline channels, with a self-service enrollment portal offering AML/CTF/APF/TFS courses for the Cayman Islands and BVI in English, Spanish, and Portuguese.

RiskPass operates a sales-led, professional services business model. Revenue is generated through AML officer appointment retainers, audit and consulting engagements, corporate service fees, and per-session training pricing of $350-$450 USD processed through an online payment portal. The firm is privately held by management, self-funded, and reports no institutional investment or M&A activity. Distribution combines direct consulting engagement with a self-service training channel, supported by organic social media presence on LinkedIn, Facebook, and Instagram, and thought-leadership webinars co-hosted with legal partners such as Baker & Partners.

Name

RiskPass

Legal name

RiskPass AML+Compliance Ltd.

Website

https://riskpass.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

RiskPass is the oldest independent compliance consulting firm in the Cayman Islands, providing AML officer appointments, audits, FATCA/CRS support, training, and corporate services to financial institutions across the Cayman Islands and BVI, plus the proprietary RiskCheck sanctions screening tool.

Ownership category

akta.pro rank

Product category

Compliance Consulting

NAICS

Investigation and Personal Background Check Services (561611)

akta.pro primary industry

Fraud Risk & Financial Crime Controls Advisory (BPAKADAL)

Keywords

• AML compliance consulting
• Regulatory compliance services
• AML training programs
• Sanctions screening tools
• FATCA CRS support

Headquarters

HQ city

Grand Cayman

HQ country

Cayman Islands

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Compliance Consulting Services: Professional compliance and regulatory consulting services including AML officer appointments, policy design and revision, FATCA/CRS support, business continuity management, and corporate services.
2. AML Training Programs: Online training sessions for financial services sector staff, including AML/CTF/APF/TFS courses available in multiple languages (English, Spanish, Portuguese) and for multiple jurisdictions (Cayman Islands, British Virgin Islands). Training includes modules, case studies, quizzes, and certificates of completion.
3. AML Audit Services: Independent audit function providing evaluation of AML/CTF programs for financial institutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

RiskPass is an independent compliance consulting firm that provides AML officer appointments, independent AML/CTF audits, FATCA/CRS compliance support, AML/CFT policy design and revision, corporate services, and business continuity/disaster management programs to regulated financial businesses in the Cayman Islands and British Virgin Islands. The firm also delivers online and offline AML training courses and operates RiskCheck, a proprietary client-screening tool for real-time monitoring against financial sanctions lists.

Product overview

RiskPass is the oldest independent compliance consulting firm in the Cayman Islands, established in March 2005. The company provides professional AML Services, AML Officers, regulatory consulting, and investor onboarding for the FinTech, Blockchain and Digital Asset industry. RiskPass offers a comprehensive suite of compliance services including AML Officer Appointments, Anti-Money Laundering Audits, FATCA + CRS Support Services, Corporate Services, Business Continuity + Disaster Management, and Design/Revision of AML/CFT Policies + Procedures. The company also operates RiskCheck, a client screening tool that monitors client databases against targeted financial sanctions lists in real time. Additionally, RiskPass provides online and offline Training + Workshops covering AML/CTF/APF/TFS requirements for the Cayman Islands, BVI, and other jurisdictions.

Differentiator

Problem solved

Functional benefit

Brands

• RiskCheck: Client screening tool that monitors client database in real-time against targeted financial sanctions lists.

Products and services

• AML Officer Appointments
• Anti-Money Laundering Audit
• FATCA + CRS Support Services

Quantifiable outcome

• 100% service coverage to all relevant financial business
• +2 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Baker & PartnerscoreStrategic or Co-development Partner · 7 November 2024Joint webinar collaboration with Baker & Partners on the topic of 'Money Laundering through DAOs'. The webinar covers crypto laundering basics, overview of Decentralised Autonomous Organisations, legal wrappers and Cayman Foundation Companies, and money laundering risks with case studies.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Harneys: Harneys is an international offshore law firm with a substantial Cayman Islands practice providing corporate, compliance, and litigation services. Direct peer in Cayman compliance and regulatory services.
• Walkers: Walkers is a major international offshore law firm with a large Cayman Islands office providing compliance, regulatory, and fiduciary services to financial institutions. Direct competitor for AML consulting mandates in the Cayman market.
• Ogier: Ogier is a prominent offshore legal and professional services firm with significant Cayman Islands presence, providing corporate, compliance, and fiduciary services to financial institutions. Direct peer for compliance consulting.
• Maples Group: Maples Group is a leading offshore legal and corporate services firm with significant Cayman Islands presence, offering compliance, regulatory, and fiduciary services to financial institutions and funds. Directly competes with RiskPass for AML compliance mandates in the same jurisdiction.
• Conyers Dill & Pearman: Conyers is a leading offshore law firm headquartered in Bermuda with substantial Cayman Islands operations, offering corporate, compliance, and regulatory services. Direct competitor in the Cayman AML/compliance space.
• Tricor Group: Tricor is a global business services provider with Cayman Islands presence, offering corporate secretarial, compliance, and governance services. Direct competitor in offshore compliance and corporate services.
• Vistra: Vistra is a global corporate services and compliance firm with substantial operations in the Cayman Islands, offering company formation, registered office, and regulatory compliance services. Direct competitor in the Cayman compliance market.

Broad incumbents

• Deloitte (Cayman): Deloitte's Cayman Islands office provides audit, tax, consulting, and financial advisory services including AML compliance consulting to large financial institutions. Competes with RiskPass for premium compliance mandates as part of a much broader service portfolio.
• KPMG (Cayman): KPMG's Cayman Islands practice offers audit, tax, and advisory services including AML/compliance consulting to financial services clients. Larger scale incumbent competing for the same client base.
• PwC (Cayman): PwC's Cayman Islands practice delivers audit, tax, and advisory services including regulatory compliance consulting. Broader incumbent competing with RiskPass for AML and regulatory advisory work.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/riskpasscompliance
• LinkedInlinkedin.com/company/riskpass-aml-compliance-services-ltd-
• Instagraminstagram.com/riskpasscompliance
• Xx.com/riskpass

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RiskPass