About RegSynq
Built by compliance practitioners. For compliance practitioners.
RegSynq was founded in 2022 in Canary Wharf. The company grew directly out of Amara Okafor's eight years as an MLRO and Head of Financial Crime at FCA-regulated payment institutions — years in which she watched compliance teams spend the majority of their working day closing alerts that should never have been raised, while genuine financial crime signals waited in the queue.
RegSynq is bootstrapped and independent. There are no investor mandates to grow volume metrics. The business exists to solve a specific compliance problem for a specific category of UK-regulated firm — payment processors and challenger banks under FCA supervision — and that focus shapes every product decision.
What RegSynq is not: RegSynq Ltd is not itself authorised or regulated by the Financial Conduct Authority. It is a technology company whose software tools support compliance operations. RegSynq does not provide legal advice, does not act as a compliance officer for client firms, and does not replace the judgment of an MLRO. Clients remain solely responsible for their regulatory obligations.
Mission
Eliminate the false positive crisis in AML compliance
The AML industry is caught in a false positive cycle with real consequences. Generic out-of-box rule sets produce 90–96% noise at payment firms. Compliance analysts spend the working day clearing the noise rather than investigating genuine suspicious activity. SARs are filed late — or missed — because the caseload that actually matters is buried under thousands of alerts that should never have been raised. MLROs carry the regulatory risk when the FCA examines their firm's financial crime controls.
RegSynq exists to give compliance teams back their investigative capacity: calibrated suppression that reduces noise to a manageable queue, automated SAR filing against the NCA's timeline, and a complete audit trail that holds up under FCA scrutiny. Not generic AML software. Specifically built for FCA-regulated payment processors and challenger banks, where the volume and velocity of transactions makes the false positive problem particularly acute.
Values
What guides how we build
Compliance first, growth second
Bootstrapped and independent. We measure success by the compliance outcomes of the firms we serve, not by transaction volume growth metrics.
Transparency in every decision
Every alert action — suppress, escalate, file — is logged with its reasoning. No black box. MLROs can explain every decision to the FCA.
Regulatory rigour, always
Rule sets reviewed quarterly against FCA guidance updates. No lagging on regulatory changes that affect your compliance posture.
Team
Founded by a practitioner
Amara Okafor
Chief Executive Officer & Co-founder
Amara spent eight years as an MLRO and Head of Financial Crime at two FCA-regulated payment institutions in London. Her final role before founding RegSynq was at a growing e-money institution where her team of four compliance analysts was responsible for reviewing more than 1,400 transaction monitoring alerts each day. The system they were running — a major off-the-shelf AML platform — had been configured at launch and never substantially recalibrated. Roughly 95% of those alerts were false positives. Her analysts were working at capacity to clear the queue. Genuine suspicious activity still needed investigating, SARs still needed filing, and the FCA's supervisory expectations of payment processors were only increasing.
In 2022, she left to build the monitoring layer that her teams had always needed: a system calibrated to actual payment firm transaction profiles, with automated SAR filing that respects the NCA's timelines, and suppression logic that compliance teams can justify to the FCA. RegSynq is the result of that work. Every platform decision — the prioritisation queue, the suppression calibration model, the audit trail for every alert disposition — is designed around what an MLRO actually needs to demonstrate adequate controls, not around what looks impressive in a vendor demonstration.
Location
Canary Wharf, London
RegSynq is based at 25 Canada Square, Level 33, Canary Wharf — at the heart of London's financial regulation and compliance community, close to the FCA's enforcement and supervisory presence in the City.
Office
25 Canada Square, Level 33Canary Wharf
London E14 5AB
United Kingdom
Talk to our compliance team
We speak MLRO. Request a trial and we will walk you through RegSynq's false positive suppression using your actual transaction profile.