Outlier Compliance Group
Outlier Compliance Group is a Toronto-based Canadian consulting firm founded in 2013 that provides AML, ATF, privacy, and RPAA compliance advisory services to regulated reporting entities including banks, credit unions, MSBs, DPMSs, real estate firms, and securities dealers. It operates via a small team of senior in-house compliance experts on fixed-fee engagements.
- Company typePrivate
- Founded2013
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Outlier Compliance Group does
Outlier Compliance Group (operating as Outlier Solutions Inc.) is a Toronto-based Canadian compliance consulting firm founded in August 2013 by Amber D. Scott and David Vijan. The firm delivers advisory services to federally regulated reporting entities — including banks, credit unions, money services businesses, dealers in precious metals and stones, real estate companies, securities dealers, financing and leasing entities, and payment service providers — across the anti-money laundering (AML), anti-terrorist financing (ATF), privacy (PIPEDA), and Retail Payment Activities Act (RPAA) regulatory regimes. Its core service portfolio comprises six offerings: AML Compliance Program Development, AML Compliance Effectiveness Reviews (required biennially under Canadian regulation), Retail Payments Supervision Support, Regulatory Examination Support (including FINTRAC examination preparation), Compliance Training, and Privacy Program Development and Assessment. The firm competes on a differentiated talent model — every consultant is required to have at least 10,000 hours of in-house compliance experience (frequently more than a decade), explicitly positioning against Big Four leverage models — and on fixed-fee pricing transparency.
The business operates through two distribution channels: direct, sales-led professional services engagements initiated via website contact forms and phone (toll-free 1-844-919-1623), and a self-serve e-commerce channel selling downloadable, customizable compliance document products aimed at smaller entities. Revenue is generated from professional services fees (fixed-fee), one-time licensing of on-demand products, and training engagements, with no subscription or recurring managed-services component disclosed. As of 2024, leadership transitioned from co-founder Amber D. Scott (now Chairperson and Strategic Advisor) to David Vijan as CEO; Suzie Fernandes serves as Chief of Staff. The firm has remained privately held and self-funded throughout its 12-year history with no disclosed venture capital, private equity, or institutional investors, and its active customer concentration is distributed across multiple regulated verticals rather than anchored to a small set of named logos.
Outlier Compliance Group firmographics
Firmographics- Name
- Outlier Compliance Group
- Legal name
- Outlier Solutions Inc.
- Website
- https://outliercanada.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Outlier Compliance Group is a Toronto-based Canadian consulting firm founded in 2013 that provides AML, ATF, privacy, and RPAA compliance advisory services to regulated reporting entities including banks, credit unions, MSBs, DPMSs, real estate firms, and securities dealers. It operates via a small team of senior in-house compliance experts on fixed-fee engagements.
- Ownership category
- akta.pro rank
Outlier Compliance Group industry classification
Industry- Product category
- Compliance Consulting Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Financial Crime Compliance Program Management (Policies, Controls, Training) (FSAMAMAH)
- akta.pro secondary industries
- Case Management, Investigations & SAR/STR Filing (FSAMAMAF), Regulatory Reporting & Recordkeeping (AML/CTF) (FSAMAMAG), Financial Crime Compliance (AML/KYC/Sanctions) (EDABADAD), Name Matching, Entity Resolution & Screening Optimization (FSAMAMAE)
Keywords
Where Outlier Compliance Group is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Outlier Compliance Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Professional Consulting Services: Compliance consulting engagements including AML compliance program development, effectiveness reviews, regulatory examination support, and training services. Fixed-fee arrangements available.
- On-Demand Products: Downloadable anti-money laundering and compliance program documents available for purchase through website. These include policies & procedures, risk assessments, training materials, and compliance effectiveness reviews for various entity types.
- Compliance Training: In-person and online training sessions for financial entities on AML, ATF, and privacy legislation requirements. Can be completed on fixed-fee basis.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Fixed-fee training sessions |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Outlier Compliance Group product offering
Product offeringCore offering
Outlier Compliance Group is a Canadian compliance consulting firm that provides anti-money laundering (AML), anti-terrorist financing (ATF), privacy, and regulatory compliance services to federally regulated reporting entities. Services include AML compliance program development, effectiveness reviews, regulatory examination support, retail payments supervision support, compliance training, and privacy program development. The firm also sells downloadable on-demand compliance documents for smaller entities.
Product overview
Outlier Compliance Group is a Canadian compliance consulting firm offering a suite of advisory services for reporting entities subject to Canadian anti-money laundering (AML), anti-terrorist financing (ATF), privacy, and regulatory compliance requirements. The firm provides six core consulting services: AML Compliance Program Development, AML Compliance Effectiveness Review Services, Retail Payments Supervision Support (for RPAA compliance), Regulatory Examination Support, Compliance Training, and Privacy Program Development & Assessment. These services are delivered through experienced compliance professionals with deep in-house experience and are available to a range of reporting entities including banks, credit unions, money services businesses, dealers in precious metals and stones, real estate companies, securities dealers, and financing or leasing entities. The firm operates from Toronto, Ontario.
Differentiator
Problem solved
Functional benefit
Products and services
- AML Compliance Program Development Development and implementation of anti-money laundering compliance programs for Canadian reporting entities, including tailored policies, procedures, and documentation for specific business models such as banks, credit unions, MSBs, and securities dealers.
- AML Compliance Effectiveness Review Services Review and assessment of existing AML compliance programs to evaluate their effectiveness and identify gaps, conducted every two years as required by Canadian regulation.
- Retail Payments Supervision Support Support services for Payment Service Providers (PSPs) to comply with the Retail Payment Activities Act (RPAA), including operational risk management and incident response framework development.
- Regulatory Examination Support Assistance preparing for and navigating FINTRAC regulatory examinations, including data preparation, staff training, mock-examinations, note-taking during exams, and deficiency remediation.
- Compliance Training In-person and online training sessions for financial entities on AML, anti-terrorist financing (ATF), and privacy legislation compliance, including recordkeeping templates. Available on a fixed-fee basis.
- Privacy Program Development & Assessment Development of customized privacy compliance programs including privacy policies, breach response plans, Privacy Impact Assessments, and CASL compliance documentation.
- On-Demand Compliance Document Products Downloadable anti-money laundering and compliance program documents available for purchase through the website. Includes policies and procedures, risk assessments, training materials, and compliance effectiveness reviews for various entity types such as MSBs, real estate, DPMSs, and securities dealers.
Quantifiable outcome
- Fixed-fee pricing eliminates surprise invoices
Companies that use Outlier Compliance Group
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles6 records
Outlier Compliance Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Outlier Compliance Group partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- Digital Commerce Group (DCGroup)minorDCGroup partnered with Outlier Compliance (alongside Apaylo and Osler) to offer a $100,000 non-dilutive fintech grant for early-stage Canadian fintech startups. The grant comprises $95,000 in cash funding and a $5,000 Osler Startup Package. Applications accepted until June 12, with winner selected during Startupfest in Montreal.
- ApaylominorPartner in the $100,000 DCGroup fintech grant program for Canadian fintech startups.
- OslerminorPartner contributing a $5,000 Osler Startup Package to the DCGroup fintech grant program for Canadian fintech startups.
- StartupfestminorAnnual Montreal conference where the fintech grant winner will be selected through a live pitch competition (July 8-10).
- Grinhaus Law FirmcoreLeading Canadian law firm in Blockchain regulatory advisory. Outlier joined Grinhaus Law Firm and DGM Financial Group in setting up professional service offices in Decentraland metaverse to service clients globally. Aaron Grinhaus, Founder of Grinhaus Law Firm, welcomed Outlier to complement their line up of professional services.
- DGM Financial GroupcoreGlobal financial services firm providing Trust Administration, Corporate Services, and Management Services. Partnered with Outlier and Grinhaus Law Firm to establish professional service presence in Decentraland metaverse to help structure crypto businesses internationally and service clients globally.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Outlier Compliance Group competitors and assessment
Company assessmentEmerging players
- Fenergo: Ireland-based KYC/AML client lifecycle management platform serving global banks and fintechs. Competes indirectly with Outlier's program development and effectiveness review work by automating the onboarding and ongoing due diligence components that Outlier's consultants design and audit.
- Trulioo: Vancouver-based global identity verification and KYC platform. Adjacent to Outlier's KYC/PEP screening components of AML programs and increasingly relevant as Canadian PSPs adopt automated onboarding under the RPAA regime.
- Verafin (Nasdaq): Canadian-founded FRAML (fraud + AML) software platform acquired by Nasdaq in 2023. Overlaps with Outlier on AML compliance for Canadian FIs and credit unions, but competes via automated transaction monitoring rather than human consulting — a partial substitute for Outlier's effectiveness review work.
Direct peers
- AML RightSource: Largest dedicated North American AML/KYC/sanctions consulting and managed services firm. Directly comparable to Outlier in offering AML compliance program development, transaction monitoring support, and regulatory examination preparation to banks, MSBs, and fintechs.
Broad incumbents
- NAVEX Global: Large compliance and ethics SaaS platform offering AML-adjacent training, policy management, and risk modules. Provides technology-enabled substitutes for parts of Outlier's training and policy development services at enterprise scale.
- McCarthy Tétrault LLP (Financial Services Regulatory): Leading Canadian law firm with an established financial services regulatory and AML practice serving the same federally regulated reporting entities as Outlier. Competes for high-stakes regulatory examination support and AML program design mandates.
- Deloitte Canada (Financial Crime Practice): Big 4 advisory practice with significant Canadian AML/financial crime consulting serving the same banks, credit unions, and large MSBs as Outlier. Competes on enterprise mandates and leverage-based pricing model that Outlier explicitly differentiates against.
- KPMG Canada (Forensic & AML): Big 4 firm with a Canadian AML compliance, regulatory examination support, and financial crime practice. Overlaps with Outlier across bank, credit union, and securities dealer mandates with a broader portfolio and global delivery capability.
- Wolters Kluwer Compliance Solutions: Global compliance software and content provider (including regulatory compliance, AML, and privacy tooling). Overlaps with Outlier's policy templates, training content, and program development offerings via a software-led delivery model.
Regional players
- Ascent RegTech Solutions: Canadian regulatory technology firm providing compliance, AML, and regulatory reporting tools to Canadian FIs and fintechs. Overlaps with Outlier on Canadian-specific AML and RPAA mandates, with a software-delivery model targeting overlapping buyers.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Outlier Compliance Group social profiles
Digital presenceOutlier Compliance Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Outlier Compliance Group leadership team
Management profileNumber of profiles
Profiles11 records
Outlier Compliance Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Outlier Compliance Group 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 Outlier Compliance Group
What does Outlier Compliance Group do?
Outlier Compliance Group is a Canadian compliance consulting firm that provides anti-money laundering (AML), anti-terrorist financing (ATF), privacy, and regulatory compliance services to federally regulated reporting entities. Services include AML compliance program development, effectiveness reviews, regulatory examination support, retail payments supervision support, compliance training, and privacy program development. The firm also sells downloadable on-demand compliance documents for smaller entities.
Is Outlier Compliance Group a public or private company?
Outlier Compliance Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Outlier Compliance Group founded?
Outlier Compliance Group was founded in 2013. It employs 1 to 10 people.
Where is Outlier Compliance Group based?
Outlier Compliance Group is headquartered in Toronto, Canada, in the North America region.
How does Outlier Compliance Group make money?
Three revenue lines are on record. Professional Consulting Services are the primary driver. The others are on-Demand Products and compliance Training.
Who are Outlier Compliance Group's main competitors?
Emerging players on record are Fenergo, Trulioo and Verafin (Nasdaq). AML RightSource is listed as a direct peer. Broad incumbents are NAVEX Global, McCarthy Tétrault LLP (Financial Services Regulatory), Deloitte Canada (Financial Crime Practice), KPMG Canada (Forensic & AML) and Wolters Kluwer Compliance Solutions. Ascent RegTech Solutions is listed as a regional player.
Does Outlier Compliance Group have an API?
No public API is recorded for Outlier Compliance Group.
What industry is Outlier Compliance Group in?
Outlier Compliance Group's product category is Compliance Consulting Services. Its primary akta.pro industry code is FSAMAMAH, Financial Crime Compliance Program Management (Policies, Controls, Training), with a secondary code of FSAMAMAF, Case Management, Investigations & SAR/STR Filing. Its NAICS code is 522320 and its SIC code is 7370.