The Mizen Group

What The Mizen Group does

The Mizen Group is a privately held boutique RegTech and compliance advisory firm co-founded in 2015 by Patrick Kelly (CEO) and Paul McCarthy (CTO), operating from New York, Boston, and Cork, Ireland. The company sells proprietary diagnostics and advisory services to financial institutions - including commercial and international banks, insurance companies, credit unions, broker-dealers, and fintechs - addressing regulatory obligations across AML/Sanctions, Conduct Risk, Corporate Compliance, FINRA suitability, Cybersecurity (FFIEC, NY DFS 500), and Data Protection (GDPR/CCPA). Its product portfolio is built around two pillars: culture diagnostics (Compliance Culture Diagnostic and Conduct Culture Diagnostic, anonymized 15-minute perception-based assessments rooted in behavioral science) and process diagnostics mapped to specific legislative obligations, plus two cloud platforms - the Mizen Compliance Management Platform (MCMP, powered by ViClarity) and the Smart Data Investigative Platform (SDIP, powered by Desilian) for e-discovery and forensic investigations.

The firm makes money through three live revenue streams: subscription-based licensing of its diagnostic products (standalone or on MCMP), subscription platform access for MCMP and SDIP, and professional-services advisory engagements covering program assessments, design, culture assessment, data analytics, data governance, model validation, outsourced CCO services, and DFS Monitor support. A fourth stream - marketplace commissions from the forthcoming Fintech Registry, a Compliance-as-a-Service portal connecting fintechs with banks - is listed as "Coming Soon." Pricing is quote-based with annual billing cadence; no public price list exists. The company extends distribution through direct enterprise sales and a layered partnership ecosystem including ViClarity (GRC), Desilian (BPA/e-discovery), FIS (flagship advisory distribution), Kyckr, FICO TONBELLER, Sedicii, Corlytics, DF2020, and Bankable Fintech.

The Mizen Group is bootstrapped with no disclosed venture or private equity funding, and the company has not announced acquisitions, IPOs, or major leadership changes beyond its founding. Notable engagements include serving as Banking Operations and Technology experts for an NYDFS-appointed Monitor at a global banking group across 18 countries and completing AML, DFS NY Rule 504, and payment data integrity assessments for international and regional banks on compressed 15-30 day timelines.

Name

The Mizen Group

Legal name

The Mizen Group Inc.

Website

https://mizengrp.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

The Mizen Group is a boutique RegTech compliance advisory firm that provides proprietary culture and process diagnostics, cloud-based compliance and e-discovery platforms (MCMP and SDIP), and advisory services to banks, insurance companies, credit unions, fintechs, and broker-dealers.

Ownership category

akta.pro rank

Product category

Regulatory Compliance Software & Advisory

NAICS

Investigation and Personal Background Check Services (561611), Software Publishers (5132), Custom Computer Programming Services (541511)

akta.pro primary industry

Fraud, Risk, KYC/AML & Compliance Platforms (BPAMAFAI)

akta.pro secondary industries

KYC/KYB & Customer Onboarding (CIP, beneficial ownership, screening) (FSAGAFAB), Compliance & Regulatory Operations (AML/KYC, Reporting, Audit) (FSAGAAAL)

Keywords

• Regtech compliance solutions
• Compliance diagnostic products
• AML sanctions advisory
• Compliance culture assessment
• Financial services regulatory consulting

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Diagnostic Licensing: Licensing of proprietary culture and process diagnostic products to financial institutions. Products can be used standalone or on the MCMP platform.
2. Advisory Consulting Services: Personalized compliance advisory services including program assessments, design, culture assessment, data analytics, model validation, and outsourced CCO solutions.
3. Platform Subscriptions: Cloud-based platform access for MCMP (powered by ViClarity) and SDIP (powered by Desilian) for compliance management and investigative functions.
4. Fintech Registry Marketplace: Compliance as a Service marketplace connecting fintech firms with banks - in development with 'Coming Soon' status.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

The Mizen Group develops and licenses proprietary compliance diagnostic products and operates cloud-based platforms to help financial institutions assess, remediate, and validate their regulatory compliance programs. Its offerings include culture and process diagnostics, the MCMP compliance management platform, the SDIP e-discovery platform, and personalized advisory consulting services targeting AML/Sanctions, Conduct Risk, Corporate Compliance, Cybersecurity, and Data Protection obligations.

Differentiator

Problem solved

Functional benefit

Products and services

• Compliance Culture Diagnostic A perception-based assessment measuring the extent to which employees view the compliance culture of the institution as facilitating their compliance-related decisions and behavior. Derived from judicial imperatives, regulatory expectations, and validated behavioral science studies, administered as a 15-minute assessment with guaranteed anonymity. Designed for financial institutions seeking independent benchmarks of compliance culture.
• Conduct Culture Diagnostic A perception-based assessment measuring employees' views of how their work culture supports their decision-making and behavior. Developed through a multidisciplinary approach combining industry knowledge with academic rigor to correlate healthy conduct culture with reduced misconduct risk. Targets financial institutions seeking to assess conduct risk culture.
• AML/Sanctions Process Diagnostic Compliance diagnostic evaluating the strength of 16 different processes across four domains for AML/Sanctions programs. Reflects guidance from regulators and authoritative international bodies based on applicable legislation. Designed for banks and financial institutions needing AML/Sanctions program assessment.
• Conduct Risk Process Diagnostic Capability assessment of conduct risk management with 80+ questions addressing product governance and suitability for the retail market. Based on guidelines from FCA, FSB, ASIC, G30, CBoI, and OECD. Designed for financial institutions needing conduct risk process assessment.
• Corporate Compliance Process Diagnostic Diagnostic evaluating the strength of a corporate compliance program based on DoJ regulations and reflecting regulatory expectations around best practices. Designed for organizations needing corporate compliance program self-assessment.
• Customer Product Suitability (FINRA) Diagnostic Diagnostic evaluating broker-dealer processes for customer protection and suitability requirements. Structured from the FINRA Handbook with 44 sections covering customer profile, improper use, and conflict identification. Designed for broker-dealers needing FINRA compliance assessment.
• Cybersecurity Diagnostic Cybersecurity diagnostic tool covering FFIEC regulations and NY DFS 500 to assist in determining whether a client's cybersecurity program is up-to-date, identifying vulnerabilities or gaps, and pinpointing areas for remediation. Designed for financial institutions needing cybersecurity program assessment.
• Data Protection Diagnostic Data Protection diagnostic tool supporting assessment in the data protection domain to help determine whether a client's approach to data is in compliance with GDPR and/or CCPA requirements. Designed for organizations needing data protection program assessment.
• Mizen Compliance Management Platform (MCMP) A cloud-based, secure platform providing robust and structured tools to centralize, manage, and self-assess compliance program-related processes, culture, and activities. Powered by ViClarity, it houses Mizen diagnostics and offers dashboards, remediation tracking, and document management. Designed for financial institutions needing centralized compliance program management.
• Smart Data Investigative Platform (SDIP) A platform providing extensive e-discovery functionality to perform enhanced forensics to support any investigation in financial services, law firms, or investigative practices. Powered by Desilian, it uses NLP, OCR, and visualization tools to consolidate structured and unstructured data and infer linkages among people, institutions, and places. Designed for financial institutions, law firms, and investigative practices needing forensic and e-discovery capabilities.
• Fintech Registry A secure cloud-based portal providing Compliance as a Service (CaaS) to Fintech firms and serving as a marketplace for banks to engage with them. Designed for fintech firms seeking compliance certification and banks seeking to discover and engage with compliant fintech partners.
• Advisory Services Compliance advisory services including program assessments, program design, culture assessment, data analytics, data governance, model validation, outsourced CCO solutions, implementation and testing, and transaction reviews. Designed for financial institutions needing personalized compliance consulting and remediation support.

Quantifiable outcome

• Completed compliance assessment in 15 days for international banking group across 6 countries
• +3 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability8 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core, flagship and minor.

• ViClaritycoreTechnology or Integration · 1 January 2018ViClarity is a global GRC management solutions provider with 300+ organizations in financial and healthcare sectors. Partnership provides MCMP platform powered by ViClarity technology - a core component of Mizen's compliance management offering. Partnership formed in 2018.
• DesiliancoreTechnology or IntegrationDesilian is an intelligent business process automation (BPA) platform for FinTech, RegTech, and InsureTech applications. Powers Mizen's SDIP e-discovery functionality for enhanced forensics and investigative support.
• FISflagshipImplementation/ SI/ Consulting PartnerFIS is a world leader in financial services products including merchant services, banking, capital markets. Partnership expands FIS's offerings to include Mizen advisory services: BSA/AML, OFAC, corporate compliance assessments, independent model validations, NYDFS gap analyses, data analytics, governance, and cybersecurity assessments.
• Bankable FintechminorChannel Partner/ Reseller/ DistributorBankable Fintech is the largest global aggregator of banks, credit unions, and alternative financial institutions. Provides access to member financial institutions that can license Mizen solutions through preferential pricing structures.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• ClauseMatch: Regulatory document management and compliance workflow platform for banks. Adjacent competitor to Mizen's MCMP for centralized compliance program management, particularly at European-headquartered institutions.

Direct peers

• ComplyAdvantage: AI-native AML, KYC, sanctions, and transaction monitoring platform serving banks and fintechs. Competes with Mizen on the fintech/KYC onboarding side and on the Fintech Registry marketplace positioning toward fintech-to-bank compliance workflows.
• Behavox: AI-driven conduct risk and compliance surveillance platform for financial institutions. The closest direct competitor to Mizen's Conduct Culture Diagnostic and conduct-risk process assessment capabilities.
• NICE Actimize: Market-leading AML, KYC, sanctions, and trader surveillance platform serving global banks and broker-dealers. Directly competes with Mizen's AML/Sanctions process diagnostics and SDIP-style forensics at the largest financial institutions.
• Corlytics: Regulatory risk intelligence platform that aggregates global regulatory notices and risk data for financial institutions. Mizen already has a partnership with Corlytics and competes for compliance budget on regulatory mapping and risk prioritization.
• SAS Anti-Money Laundering: Enterprise AML, sanctions, and financial crime analytics suite used by large banks globally. Overlaps directly with Mizen's AML/Sanctions diagnostic, e-discovery, and AML validation advisory offerings.

Broad incumbents

• Oracle Financial Services Anti Money Laundering: Oracle's enterprise AML and customer screening platform embedded in Tier-1 banks. Competes with Mizen's MCMP and AML process diagnostics for compliance platform budget at the largest institutions.
• Wolters Kluwer Compliance Solutions (OneSumX): Compliance program management, regulatory reporting, and AML/KYC solutions for banks and insurers. Competes with Mizen's MCMP and process diagnostics at the enterprise compliance platform layer as part of a broader portfolio.
• KPMG Forensic & Regulatory Practice: Big Four forensic, AML advisory, and regulatory compliance practice that competes for the same compliance advisory, model validation, and DFS Monitor engagements that anchor Mizen's revenue, leveraging vastly greater bench depth and geographic coverage.
• FICO TONBELLER (Siron Anti-Financial Crime Suite): FICO's AML and KYC suite installed at 1,000+ institutions in 100+ countries. Mizen already partners with FICO for complementary distribution, and it competes with Mizen's AML diagnostics at the platform layer for the same enterprise compliance budget.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/the-mizen-group-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 The Mizen Group