Miami, FL 33137, US
Web Service Software
FinWebTech is a Service as a Solution (SaaS) software firm headquartered in Miami Florida. FinWebTech’s products are geared towards financial services firms with Catalyst being its premier product. FinWebTech was formed out of a need for cost effecti
FinWebTech’s premier product Catalyst provides automated compliance solutions for financial services firms including broker dealers, registered investment advisers and banks. Catalyst was created out of a need for a lower cost automated compliance solution. Unlike other applications, Catalyst was created by a Chief Compliance Officer with extensive industry and IT experience.
Catalyst’s application allows compliance departments and officers to effectively and efficiently manage their compliance programs while providing surveillance tools for Anti Money Laundering, Suitability and Risk based areas. Catalyst is one of the first applications that allows firms to risk rate their clients and create a true risk based program. Catalyst addresses the age old Silo problem within the market where there are multiple applications operating as silos with specific information but no way to share or use the information across multiple business areas. Catalyst provides users with the ability to maintain compliance and view red flags across all of the various departments and compliance areas.
Catalyst’s task management module provides supervisory support and audit trail functions allowing supervisors to effectively manage compliance personnel with audit track reporting available. Compliance personnel will never forget an assigned compliance task with the Task management system which allows escalation of tasks and events.
Catalyst’s AML module allows firms to risk rate their clients and set up user based rules for red flags and alerts on outliers. A complete workflow is available to users to document any red flags / alerts with the ability to document, escalate and close alerts.
Catalyst’s Suitability module allows firms to fully comply with FINRA Rule 2111 requiring representatives to document their solicited transactions.
Catalyst’s Risk module is a first in the industry allowing firms to risk rate clients and creating Key Risk Indicators across the firm.
Products / Services
Catalyst Compliance Solution
President Executive Officer
Don’s career started in the late 90’s on the design side with one of the first online broker dealers in the market. Don’s experience includes the management, design, testing and deployment of the self directed online platform (wallstreete.com) ranked by Barons in their ‘Best of the Web’ for 5 years; and the online broker workstation platform (brokerwebstation.com). By the mid 2000s, Don was managing the firm’s operations and compliance programs.
Don joined Global Strategic Investments in 2011 which specialized in Latin American retail and institutional clients as their Chief Compliance and AML Officer. Don revamped their Compliance and AML programs and managed the firm’s operations including clearing firm negotiations.
Don started FinWebTech in 2013 after seeing a need for cost effective compliance solutions for the financial services industry and decided to put his combine his compliance, AML and technology background to create Catalyst.