Built for lean Canadian firms with real FINTRAC obligations.
BriteBase is purpose-built for one kind of business: the Canadian non-bank reporting entity with a one-to-three-person compliance team, or no compliance officer at all. Three segments share one problem: compliance has outgrown the people available to run it.
Three segments. One shared strain.
Money services businesses, early-stage fintechs, and small regulated entities all face the same gap: FINTRAC obligations that have grown faster than the team available to meet them. BriteBase closes that gap.
Money Services Businesses
Currency exchange, remittance, and money transfer firms, including foreign MSBs registered with FINTRAC. High reporting obligations, lean teams, and sharp examination anxiety since Bill C-12.
See the case studyEarly-stage fintechs
Payment service providers and fintechs scaling quickly under new and deepening obligations: tech-forward teams that need a compliance program to keep pace with the product.
See the case studySmall regulated entities
Lean firms with genuine reporting-entity obligations under the PCMLTFA, and no one internally whose job compliance actually is.
See the case studyMoney Services Businesses
A hypothetical scenario, built from the patterns we see across Canadian MSBs. It is not a description of a specific client.
A currency-exchange MSB facing its first FINTRAC examination notice
A founder-run MSB offering currency exchange and remittance, around CAD $3M in annual revenue, with one part-time staffer handling compliance. The program runs on a screening tool, spreadsheets for risk rating, and Word policies last updated two years ago.
A FINTRAC examination notice arrives. The policies are out of date, the risk assessment was never formally documented, alert dispositions live in email threads, and there is no clean audit trail. A part-time staffer cannot carry an examination, and hiring a full-time CAMLO would take months and six figures the firm hadn't budgeted.
BriteBase steps in under Managed AML. A fractional CAMLO is appointed, the five program pillars are rebuilt and documented, and screening and case work move onto the AML Operating Platform. Examination Readiness produces the workpapers and an evidence pack, and BriteBase responds alongside the founder.
The MSB walks into the examination with a documented, current program and a clean audit trail. The founder stops managing compliance between sales calls, and the whole program now sits on one predictable annual number.
Early-stage fintechs
A hypothetical scenario, built from the patterns we see across early-stage payment service providers. It is not a description of a specific client.
A payment service provider scaling faster than its compliance program
A 14-person fintech offering payment services, growing fast after a seed round. There is no compliance officer. The COO has been handling FINTRAC obligations on the side, and the obligations on payment service providers keep deepening.
A banking partner asks the PSP to evidence its AML program before renewing. The COO cannot produce a current risk assessment or a defensible customer risk-rating methodology. Onboarding is slowing, false positives pile up, and engineers are pulled off the product to firefight compliance. A full compliance hire is not yet in the budget.
BriteBase comes in at Platform+ first. The AML Operating Platform takes over onboarding, screening, and risk rating with documented methodology, and a practitioner is on call for dispositions. As obligations deepen, the firm steps up to Managed AML with a fractional CAMLO, moving up the ladder as it grows.
The PSP hands its banking partner a clean, documented program. Onboarding speeds back up, the product team goes back to building, and compliance becomes a known line item that scales with the company instead of a recurring fire drill.
Small regulated entities
A hypothetical scenario, built from the patterns we see across small Canadian reporting entities. It is not a description of a specific client.
A small regulated firm with real obligations and no one to hand them to
A small regulated business with a handful of staff and genuine reporting-entity obligations under the PCMLTFA. The owner is the compliance officer by default, on top of running the company, and recent compliance turnover has left a gap.
The owner knows the program has drifted. Training records are incomplete, the effectiveness review is overdue, and recent regulatory changes have not been absorbed. There is no one internally to own it, and the cost and complexity of enterprise AML tools are out of reach.
BriteBase takes the program on under Managed AML. A fractional CAMLO becomes the named, accountable officer; the five pillars are brought current; training and the effectiveness review are delivered on schedule; and regulatory change management keeps the policies from drifting again. The platform keeps day-to-day work and evidence in one place.
The owner is no longer the compliance officer. The program is current, evidenced, and examination-ready every day, for one predictable annual cost the firm can plan around.
See your own firm in one of these? Let's talk.
Tell us where your program stands today. We'll walk you through how BriteBase would take it on, and what it costs, scaled to your firm. No retainers. No hourly rates.