Overview

We have undertaken an initiative to tackle a common problem across multiple industries; unifying data from disparate sources and drawing more meaningful insights from the data. This is our challenge and our first efforts focus on unifying critical money laundering data needed by financial services firms.

Data is a valuable asset and insightful data is even more valuable. Identifying, collecting, and analyzing data is labor intensive and costly. Explore the graphic below to visualize how challenging data collection alone from disparate sources can be.

The Data Challenge

Government

We have identified the following 16 disparate sources of key data held in the public domain:

  • US Department of the Treasury
  • US Department of Defense
  • US Department of Homeland Security
  • US Department of Justice
  • US Department of State
  • Central Intelligence Agency
  • Office of Foreign Assets Control
  • Financial Crimes Enforcement Network
  • Securities Exchange Commission
  • Federal Deposit Insurance Corporation
  • Office of the Comptroller of the Currency
  • Federal Reserve Bank
  • National Credit Union Association
  • Consumer Financial Protection Bureau
  • Commodities Futures Trading Commission
  • Financial Industry Regulatory Authority
Non-Governmental Organization

We have identified the following 3 disparate sources of key data held in the public domain:

  • Tax Justice Network
  • Global Financial Integrity
  • Stockholm International Peace Research Institute
Inter-Governmental Bodies

We have identified the following 2 disparate sources of key data held in the public domain:

  • United Nations Office of Drug Control
  • Transparency International
Industry

We have identified the following 5 disparate sources of key data held in the public domain:

  • Association of Certified Anti-Money Laundering Specialists
  • Association of Certified Fraud Examiners
  • Association of Certified Financial Crime Specialists
  • American Bankers Association
  • National Money Transmitters Association

Solutions

We have built a process to collect, unify, and curate fragmented data. Our curated data and software offers customers efficiently accessible and more intelligent insights.

You’ll find an overview of our process below.

Data Collection

Our expert researchers and analysts identify and collect data from vetted open sources based on key requirements and standards.

Data Curation

Our experts further apply advanced analytic techniques to organize and create value amongst the data sets. These data sets are then housed on a cloud-based database.

Software & API

Engineers and data scientists integrate the data with software intended to make the client experience efficient and insightful.

Customer Application

The application affords you a convenient singular intuitive platform that is accessible on demand.

Introducing Our Initial Product Set

The 100 Series Money Laundering Data Pack

101

Product 101

Global Money Laundering Statistics

Access global money laundering statistics to drive board/oversight committee reporting, risk assessment processes, and policy development.

102

Product 102

Global Money Laundering Laws and Regulations

Access global money laundering laws and regulations to assist in new market entry, policy development, and compliance program design.

103

Product 103

US Regulatory Guidance (FinCEN)

Access insightful intelligence gathered from the public data released by the Financial Crimes Enforcement Network (FinCEN).

104

Product 104

US Money Laundering Enforcement Actions

Access insightful enforcement action data from the public data released by the Financial Crimes Enforcement Network (FinCEN) and other USG agencies.

105

Product 105

HIDTA HIFCA Risk Index

Access a unique data set and tool to simplify understanding geographic risk associated with HIDTA and HIFCA designations.

106

Product 106

Global Money Laundering Risk Index

Access a unique data set and model to simplify understanding geographic money laundering risk across the world.

Roadmap

Our progress, our vision.

View our timeline of key milestones we have already met and what’s on the horizon.

Team

Vic Maculaitis
Founder

Vic is a burgeoning entrepreneur focused passionately on building impact-oriented companies. He has over 15 years of experience as an executive, subject matter expert, and practitioner in the multiple disciplines of financial crimes and intelligence. Vic is an alum of UCLA Anderson School of Management and is supported in his entrepreneurial journey by his growing family (wife, Alexandra, daughter, Cambrie, daughter, Ivy, and son, Hayes) in Scottsdale, AZ.

Experts & Engineers

Our initial product team of experts is seven strong and growing! Our experts are specialists in financial crimes risk, compliance, and intelligence analysis. Collectively, our experts have over 100+ years of relevant professional experience; hold 7 bachelor’s degrees, 4 master’s degrees, 3 law degrees, and 6 licenses/certifications. The product has recently added 3 talented and innovative engineers with architectural, front/back end development, and security expertise.

Nicolas Chaumartin
Advisory Board Member

Nicolas is an executive at IDEMIA, a global leader in Digital Identity and Security, where he leads major relationships with Apple, Google, Amazon, Microsoft, and Facebook. He is involved in major projects that shape the future ecosystems of mobile connectivity, mobile payment, and mobile identity. One part leader, two parts engineer, and three parts passionate about change, Nicolas enjoys navigating complex environments, identifying forward thinking business opportunities, and running transformational engagements. Nicolas serves as an advisor/investor to other rising start ups and is an alum of the Grenoble Institute of Technology (France) and UCLA Anderson School of Management (USA). He currently lives in sunny Los Angeles, CA with his wife and three (3) boys.

Barry Cordero
Advisory Board Member

Barry Cordero is an Executive at Medtronic, the world’s largest medical device manufacturer, where he leads the continuous improvement strategy for Medtronic Diabetes, the fastest growing therapy division. He is also the Founder of Rolling Belt Solutions, LLC, a new venture focused on assisting small businesses achieve goals through strategic planning, employee engagement, and process optimization.Barry is a Veteran of the US Navy Nuclear Program, holds a Bioengineering Degree from UCSD and is an alum of UCLA Anderson School of Management.

Dr. John Hatzadony
Advisory Board Member

John is the founding Program Chair of Homeland Security and Director of the Master of Science in Intelligence Analysis at Rabdan Academy in the United Arab Emirates.  His program is the first of its kind in the GCC providing education, training and research support to the UAE security community.  A threat finance and intelligence expert, he has held numerous senior positions in the US government, banking and academia.  He holds a PhD in Political Science from Case Western Reserve University, as well as an MA in Political Science from Eastern Illinois University and BA in International Studies from DePaul University. He currently lives in Abu Dhabi, UAE with his wife, 2 children, cat and dog.

David Caruso
Advisory Board Member

David is among the most accomplished AML operators of the past 20 years. David has a unique perspective on the issues AML officers face as they work to modernize their compliance programs. He was the AML Officer hired to resolve multiple regulatory enforcement actions and DOJ and Congressional investigations against Riggs Bank. He was the CEO of The Dominion Advisory Group, a premier AML consultancy that helps large US and international banks build AML programs. And, for the past three years, David led all market development and sales of TransparINT, an AML RegTech application that improves how AML investigators search and monitor negative news. This unique combination of experience positions David and the companies he advises to better develop the next generation of much-needed AML products and services.

Address:

2 N Central Ave One Renaissance Tower
19th Floor Phoenix, AZ 85004
602-533-2986
info@thedatainitiative.com