What Cocchi Tech Systems & Consulting does

Cocchi Tech Systems & Consulting, Inc is a privately held, founder-owned regulatory technology (RegTech) consulting firm founded in 2004 by Damion Cocchi and headquartered in New York. The firm serves banks and financial institutions that are navigating regulatory scrutiny, including Cease & Desist (C&D) orders from regulators such as the FDIC and the New York State Department of Financial Services, Matters Requiring Attention (MRAs), and AML/financial crimes compliance deficiencies. Its core offerings are professional services rather than software products: RegTech compliance assessments, data analytics and risk assessment, KYC/CIP/EDD/CDD process enhancement, OFAC/Sanctions program development, compliance training, Data Management Maturity Model (DMMM) assessments, and RegTech data architecture advisory. The firm also delivers project and program management capacity through Business Analyst, Project/Global Program Manager, Data Analyst, and Software Developer roles, including implementation of third-party AML systems such as Prime and Mantas.

The firm's underlying technology base is advisory and integration-oriented rather than proprietary software development; its differentiation rests on practitioner experience implementing AML monitoring and sanctions systems and resolving consent orders at regulated banks, combined with structured frameworks such as ISACA's DMMM and hybrid data architecture patterns spanning data lakes, warehouses, and serverless designs. Go-to-market is sales-led and direct: the founder solicits engagements through LinkedIn messaging and email outreach, with no intermediary channel partners, no public pricing, and project-by-project scoping. Pricing is custom per engagement, billing cadence is multi-year contract, and the firm maintains a thought leadership blog (Resources section) covering FinTech, RegTech, and data governance as a top-of-funnel credibility mechanism. No funding rounds, acquisitions, partnerships, named customers, patents, certifications, or AI-specific capabilities are disclosed across available sources.

Name

Cocchi Tech Systems & Consulting

Legal name

Cocchi Tech Systems & Consulting, Inc

Website

https://damioncocchi.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

Cocchi Tech Systems & Consulting is a founder-owned RegTech consulting firm serving banks and financial institutions with AML, KYC/CIP/EDD/CDD, OFAC/Sanctions, MRA remediation, and C&D order resolution services delivered via custom, project-based engagements.

Ownership category

akta.pro rank

Product category

Regulatory Compliance Consulting

NAICS

Management Consulting Services (54161), Management, Scientific, and Technical Consulting Services (5416), Other Management Consulting Services (541618)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Risk, Compliance & Internal Controls Consulting (BPAHACAJ)

akta.pro secondary industries

Risk, Controls & Governance (GRC) Platforms (FSAFAOAG), Compliance Technology, GRC Platforms & Controls Automation Advisory (BPAHAFAO), Financial Crime Compliance (AML/KYC/Sanctions) (BPAEAPAK)

Keywords

• Regulatory compliance consulting
• AML compliance services
• Financial crimes consulting
• KYC compliance solutions
• OFAC sanctions compliance

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. RegTech Consulting Services: Project-based consulting engagements offering Regulatory Compliance RegTech Assessments, Data Analytics and Risk Assessment, KYC/CIP/EDD/CDD Process Enhancement, OFAC/Sanctions Compliance Programs, and Compliance Training and Education. Services are tailored to specific client needs and delivered by a team of seasoned experts.
2. Project & Program Management: Engagements spanning Business Analyst, Project & Global Program Manager, Data Analyst, and Software Developer roles, supporting banks and financial institutions through regulatory resolution, MRA management, and C&D directive compliance.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Cocchi Tech Systems & Consulting provides RegTech consulting and project-based advisory services to banks and financial institutions facing regulatory scrutiny. Core engagements include Regulatory Compliance RegTech Assessments, Data Analytics and Risk Assessment for financial crimes, KYC/CIP/EDD/CDD Process Enhancement, OFAC/Sanctions Compliance Programs, Compliance Training and Education, and Project & Program Management for regulatory remediation including C&D directive and MRA management.

Product overview

Cocchi Tech Systems & Consulting is a consulting and management firm offering professional services to banks and financial institutions. The company provides RegTech assessments, data analytics, KYC/CIP/EDD/CDD process enhancement, OFAC/Sanctions compliance programs, and compliance training services. Their offerings target institutions facing regulatory scrutiny, Matters Requiring Attention (MRA), and Cease & Desist (C&D) directives. The company also implements third-party AML systems including Prime and Mantas for clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Regulatory Compliance RegTech Assessments Evaluates existing compliance frameworks at banks and financial institutions and identifies gaps, vulnerabilities, and areas for enhancement in regulatory compliance programs.
• Data Analytics and Risk Assessment Leverages advanced analytics to detect and mitigate potential financial crimes, fraud, and regulatory violations for banks and financial institutions.
• KYC/CIP/EDD/CDD Process Enhancement Streamlines customer due diligence processes and implements robust Know Your Customer (KYC), Customer Identification Program (CIP), Enhanced Due Diligence (EDD), and Customer Due Diligence (CDD) procedures using RegTech solutions.
• OFAC/Sanctions Compliance Programs Develops and implements comprehensive OFAC/Sanctions programs to ensure compliance with regulatory requirements for banks and financial institutions.
• Compliance Training and Education Provides customized training programs to equip compliance teams at banks and financial institutions with the knowledge and skills necessary for effective regulatory compliance practices.
• Project and Program Management for Regulatory Remediation Provides Business Analyst, Project Manager, Global Program Manager, Data Analyst, and Software Developer roles to support banks and financial institutions through regulatory resolution, MRA management, and C&D directive compliance.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Recent moves4 records

Expansion highlights3 records

Emerging players

• ComplyAdvantage: RegTech platform providing KYC, AML, transaction monitoring, and sanctions screening via SaaS. Competes for the same compliance workflow budget and pressures traditional consultancies by enabling self-service implementations.
• Featurespace: AI-based AML and fraud risk detection platform used by banks and payments providers. Competes on the technology layer for AML/Sanctions monitoring spend that historically supported consulting and integration engagements.
• Verafin: Financial crime compliance software vendor (acquired by Nasdaq) focused on AML, fraud detection, and BSA/Compliance workflows for US banks, including community and mid-sized institutions in Cocchi's target segment.
• NICE Actimize: Leading RegTech product vendor for AML, KYC, and Sanctions screening used by major banks. Competes for the AML/Sanctions budget that funds Cocchi's consulting engagements and increasingly absorbs implementation work that consultancies historically performed.
• SAS Anti-Money Laundering: Enterprise analytics and AML platform vendor targeting global banks for transaction monitoring, KYC, and financial crime compliance. Adjacent competitor for AML/Sanctions solution spend and complements consulting engagements.

Broad incumbents

• Accenture Financial Services Compliance: Large systems integrator with a financial services compliance and risk practice that implements GRC and RegTech programs for banks. Competes for AML/KYC/Sanctions implementations where Cocchi also engages, particularly on program and project management.
• PwC Financial Services Advisory: Big 4 firm operating a Financial Crime Unit covering AML, KYC, OFAC/Sanctions, and regulatory remediation. Competes directly with Cocchi on bank regulatory compliance engagements, particularly for mid-tier and large banks.
• KPMG Forensic & AML Advisory: Big 4 firm providing AML, financial crimes, and regulatory compliance consulting to banks. Overlaps with Cocchi's KYC/CIP/EDD/CDD and OFAC/Sanctions practices and competes for the same regulatory-driven bank engagements.
• EY Financial Services Risk: Big 4 advisory practice with strong AML, financial crime compliance, and regulatory remediation offerings. Targets the same regulated bank buyer as Cocchi, but at materially greater scale and geographic reach.
• Deloitte Risk & Financial Advisory: Big 4 firm with a large dedicated AML, financial crime, and regulatory advisory practice serving global banks. Competes for the same bank compliance and consent-order remediation budget as Cocchi, though at significantly larger enterprise clients and broader service scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/cocchi-tech-systems

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Cocchi Tech Systems & Consulting