Deloitte Canada has taken a significant step in advancing its financial crime and compliance capabilities by acquiring Allevar, a leader in risk management technology and advisory services. This strategic acquisition enhances Deloitte’s ability to deliver cutting-edge solutions that help financial services organizations effectively detect, prevent, and respond to evolving financial crime threats. With Allevar’s deep expertise and innovative technology portfolio, Deloitte aims to provide clients with more robust frameworks to navigate regulatory complexities and safeguard their operations.

The integration of Allevar’s services will focus on several key areas, including:

  • Advanced transaction monitoring and analytics leveraging AI and machine learning
  • Enhanced regulatory reporting and compliance automation to streamline risk controls
  • Real-time fraud…