SPEED, TRANSPARENCY & TRUST
ABOUT US
ResourceVerified is a patent pending technology platform designed to enable AML compliance with an effective and efficient process. ResourceVerified is listed in the FINRA Compliance vendor directory. AML due diligence remains a challenge for all firms, its manual, from disparate sources and an expensive process. Addressing this challenge became the foundation of the ResourceVerified AML Program and our unique process and methodology enables compliance at all times with full transparency. We are a SAAS (software as a service) platform and can be adopted with no disruption to the existing business.
OUR MISSION
Our mission is to create leading edge, state–of–the–art, innovative technology solutions for Financial Services and Beyond. Our ethos is based on creating speed, transparency, and trust for our clients, enabling them to focus on their core business and envision beyond the status quo.
OUR VISION
Re–invent how people access, reuse, verify and share information and replace it with a hash.
ResourceVerified is a technology platform that addresses the current expensive, repetitive and error prone process of AML with an automated, streamlined and verified source of data.
ResourceVerified clients can access all relevant AML data with a single click; verified from a centralized source. AML data is saved in a secure ledger, eliminating the need to gather and check information repeatedly. Further all reports and checks are date stamped and provide a comprehensive view of the entire organization’s due-diligence status in a color coded dashboard.
ResourceVerified Inc. is listed in the FINRA Compliance Vendor Directory.
Improved Regulatory Control and Compliance
Firms can allow external parties (e.g. regulators) controlled and authorized access to the data or the dashboard if required. Increased transparency provides efficient monitoring and controls for third-party audits, or inquiries.
Operational Efficiencies and Cost Savings
Reduces the risk of error arising from the manually checking the same information from multiple systems that is prevalent in every financial institution. Creating a transparent automated and streamlined process removes any doubt or confusion and ultimately reduces risk.
Reduced Operational Risk
Eliminates the need to go to several disparate sources to collect information manually and repetitively. All information is made available via a single click in one dashboard. Further historical data (employment and education) is verified and stored in a ledger eliminating the need for repetitive verification. Improved efficiency also makes it a cost -effective process.
Digital and Transparent Process
Optimizes the process with up-to-date, accurate and meaningful data whilst transforming a manual, error prone, time-consuming process to an efficient and transparent and digital process.
AML DUE-DILIGENCE
ResourceVerified can enable AML compliance with an efficient, effective
and transparent process.
SPEED, TRANSPARENCY & TRUST
INSIGHTS
THE NEXT WAVE OF ANTI-MONEY LAUNDERING ENFORCEMENT GLOBALLY IS ON THE HORIZON
TOP LAWYERS SAY 2021 WILL BE RECORD YEAR FOR AML PENALTIES
AML ENFORCEMENT
CONTINUES TO TREND
IN 2021
NEW US FINANCIAL CRIMES RULES INTENSIFY RISKS FOR NON-US BANKS
UAE’s MINISTRY OF ECONOMY UNVEILS LIST OF VIOLATIONS, FINES FOR MONEY LAUNDERING
FINES AGAINST FINANCIAL INSTITUTIONS HIT $10.4B IN 2020
A NEAR RECORD YEAR FOR MONEY LAUNDERING - BANKS HIT WITH BILLIONS IN FINES
FINRA FINES JUMP 43% IN 2020
BSA-AML CIVIL
MONEY PENALTIES
LEADERSHIP
Proudly a Woman and Minority Owned Business
Jaspreet Randhawa
Founder & CEO
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​Jaspreet Randhawa has more than 20 years of executive level experience in the global financial services technology industry. Jaspreet has a MBA and was educated in Durham Business School in UK and Harvard Business School in the US.
Robert Turner
CFO
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​Rob Turner has more than 25 years of executive level financial management expertise in the financial services industry. As the CFO of three innovative publicly traded broker dealers trading in equities, fixed income and options and futures. Rob earned his CPA working at PWC and MBA from University of Massachusetts at Amherst
Michael Dorsey
Chief Legal & Compliance Officer
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​Michael is a securities attorney on the regulatory side. His experience includes working at the SEC, insurance companies and broker-dealers., Michael has a JD and a LLM and was educated in University of Missouri and Georgetown Law.
MANAGEMENT TEAM ADVISOR
Eugene F. Soltes
Jakurski Family Associate Professor of Business Administration
Harvard Business School
Eugene Soltes is the Jakurski Family Associate Professor of Business Administration at Harvard Business School where his research focuses on corporate misconduct and fraud, and how organizations design cultures and compliance systems to confront these challenges. He teaches in several of the school’s executive education programs and was the recipient of the Charles M. Williams Award for outstanding teaching.​​
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Professor Soltes’ work on corporate misconduct and fraud culminated in the book Why They Do It: Inside the Mind of the White-Collar Criminal, which was described by Kirkus Reviews as “a groundbreaking study” on white-collar criminality. The book explores why often wealthy and successful executives engage in deception.
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​Prior to joining the faculty of the Harvard Business School, Professor Soltes received his PhD and MBA from the University of Chicago Booth School of Business, and his AM in statistics and AB in economics from Harvard University.
