Navigating the FATF Travel Rule for FINRA and SEC Firms

Navigating the FATF Travel Rule for FINRA and SEC Firms

Meet James—a compliance officer at a FINRA-regulated firm managing security tokens and tokenized funds. James is used to navigating complex regulations, but the FATF Travel Rule has added a new layer of pressure.

It starts with a client transferring cryptoassets to another platform. James knows the Travel Rule requires his firm to collect and share key information—names, wallet addresses, and account details—every step of the way. But the process quickly becomes overwhelming.

  • First issue: His team is manually verifying transaction details across different tools.
  • Next challenge: There’s no standard way to securely share data with other platforms.
  • Final complication: International transfers bring inconsistent rules that make compliance feel like guesswork.

By the end of the day, James feels more like a crisis manager than a compliance leader.

Now imagine a different scenario—where compliance with the Travel Rule is frictionless, thanks to iComply’s integrated compliance platform.


Simplifying the Travel Rule with iComply

With iComply, James’ compliance process transforms from reactive to proactive. When a client initiates a tokenized fund transfer, the system automatically collects and verifies all required data.

  • Automated Data Collection: Instead of juggling spreadsheets, iComply pulls client data, validates it, and attaches it to the transaction in real time.
  • Secure, Seamless Transmission: Information is shared through secure APIs, ensuring encrypted, standardized communication across platforms.
  • Regulatory Intelligence: iComply stays updated on regulatory changes globally, helping James’ firm remain compliant across jurisdictions.

The result? No more manual checks, last-minute fixes, or uncertainty during audits.


Turning the Travel Rule Into a Competitive Edge

The FATF Travel Rule is a reality for SEC and FINRA-regulated firms—and non-compliance isn’t an option. But firms that adopt smart solutions like iComply can:

  • Enhance data security: Protect sensitive client information with automated, encrypted verification.
  • Simplify workflows: Replace manual steps with streamlined processes that save time and reduce costs.
  • Build trust: Show clients and regulators that your firm is proactive, not reactive, about compliance.

James no longer spends his day scrambling to keep up with regulatory demands. Instead, he has confidence that his compliance framework is future-proofed and built to scale.

The Travel Rule doesn’t have to be a burden—it can be a chance to lead. With iComply, your firm can turn complexity into confidence. Ready to make compliance a competitive advantage? Let’s talk.

iComply Now Listed in the FINRA Compliance Vendor Directory

iComply Now Listed in the FINRA Compliance Vendor Directory

Vancouver, B.C. – July 28, 2020 – iComply Investor Services (“iComply”), a leading regtech software provider, is pleased to announce its listing in the Financial Industry Regulatory Authority (FINRA) Compliance Vendor Directory, which features vendors offering products, solutions, and services to firms overseen by the US regulator. 

“iComply is dedicated to making the financial markets more robust, secure, and efficient,” said Matthew Unger, CEO and Founder of iComply Investor Services. “This listing in the FINRA Compliance Vendor Directory is an exciting moment in the company’s history as we continue to expand our client base and work with US firms to digitize their back office.”

iComply’s compliance management solutions offer institutional-grade identification and risk mitigation tools that support the complete AML compliance lifecycle for clients in industries ranging from professional services to online banking, capital markets, payment processing, trading platforms, virtual assets, as well as government and enterprise.

FINRA is an independent, government-authorized, not-for-profit organization that oversees U.S. broker-dealers. FINRA works under the supervision of the Securities and Exchange Commission (SEC) and writes and enforces rules, examines firms for compliance, fosters market transparency, and educates investors.

The Compliance Vendor Directory features companies specializing in: compliance consulting, cybersecurity, data management, information archiving, exam prep & firm CE, insurance brokers, monitoring & surveillance, PCAOB registered accountants, and registration services.

About iComply Investor Services Inc.
iComply Investor Services Inc. (“iComply”) is a Regtech company that provides fully-digital KYC and AML compliance solutions for non-face-to-face financial and legal interactions. iComply enables financial services providers to reduce costs, risk, and complexity and improve staff capacity, effectiveness, and customer experience. By partnering with multinational technology vendors such as Microsoft, DocuSign, Thomson Reuters, and Refinitiv, iComply is bringing compliance teams into the digital age. Learn more: www.icomplyis.com

2025 Outlook: Data Privacy and Security in KYB, KYC, AML Compliance
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Navigating the FATF Travel Rule for FINRA and SEC Firms
Navigating the FATF Travel Rule for FINRA and SEC Firms

Navigating the FATF Travel Rule with Ease

Simplify compliance with the FATF Travel Rule using iComply’s integrated platform. Automate data collection, ensure secure information sharing, and stay ahead of regulatory changes.

A Quick Start Guide to Beneficial Ownership Reviews
A Quick Start Guide to Beneficial Ownership Reviews

Simplify Beneficial Ownership Reviews with iComply

Streamline your due diligence process with automated data collection, verification, and reporting. Enhance compliance and reduce risk with iComply’s comprehensive solution.

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The Future of Document Verification: From Frustration to Simplicity

Transforming Identity Document Verification: A Seamless Customer Experience

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iComply “Most Forward-Thinking Work Being Done” Related to Blockchain Settlement

iComply “Most Forward-Thinking Work Being Done” Related to Blockchain Settlement

Chicago, Il. — FIA announced that iComply Investor Services Inc. (“iComply”) is one of 15 companies chosen to exhibit in the Innovators Pavilion at the 34th Annual FIA Expo in Chicago October 16 – 18. Innovators Pavilion showcases startup companies providing forward-thinking solutions for the futures, options and cleared swaps industry.

iComply was chosen from a competitive pool of applicants to showcase its offerings to more than 4,500 attendees at the largest gathering of derivatives industry professionals in the world. The Innovators Pavilion provides each FIA Innovator with a Tech Pod on the Expo show floor that can be used to display its services. iComply will also be featured in the official conference guide, the FIA’s service provider directory, and the event app. In addition, five FIA Innovators will be chosen to take part in a Meet the Innovators competition in which each company will have five minutes to pitch its services to Expo attendees. Following the competition, a panel of judges will select one company as the FIA Innovator of the Year and award that firm a prize of cash and other resources valued at more than $20,000.   

This year’s Innovators Pavilion is sponsored by Amazon Web Services and supported by several fintech organizations and angel investor groups, including Fintech Sandbox, FinTEx, Hyde Park AngelsRise New York and Seismic Foundry.

“I’m proud to announce that iComply was chosen to be featured in the 2018 class of FIA Innovators,” said Matt Haraburda of XR Trading, chairman of the Innovators Pavilion selection committee and executive committee member of the FIA Principal Traders Group (FIA PTG). “iComply…represents some of the most progressive and forward-thinking work being done in fintech related to cleared derivatives. I’m looking forward to seeing their work showcased at Expo.”

With more than 4,500 people attending each year, the FIA Expo is the largest gathering of derivatives industry professionals in the world. Attendees include senior executives from brokerage firms, exchanges, trading firms, and service providers, and the exhibit hall typically attracts more than a hundred firms as exhibitors.

iComply and other Innovators were selected on the basis of applications that were submitted and reviewed by a committee of industry experts assembled by FIA.  

View the full list of FIA Innovators here.  

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About FIA
FIA is the leading global trade organization for the futures, options and centrally cleared derivatives markets, with offices in London, Singapore and Washington, D.C. FIA’s membership includes clearing firms, exchanges, clearinghouses, trading firms and commodities specialists from more than 48 countries as well as technology vendors, lawyers and other professionals serving the industry. FIA’s mission is to support open, transparent and competitive markets, protect and enhance the integrity of the financial system, and promote high standards of professional conduct. As the principal members of derivatives clearinghouses worldwide, FIA’s member firms play a critical role in the reduction of systemic risk in global financial markets.

About iComply Investor Services Inc.
iComply Investor Services Inc. (iComply) is an award-winning software company focused on reducing regulatory friction in the capital markets. With powerful data, verification, tokenization solutions, iComply helps companies overcome the cost and complexity of multi-jurisdictional compliance to effectively access new markets. Learn more: iComplyIS.com

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Navigating the FATF Travel Rule for FINRA and SEC Firms

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A Quick Start Guide to Beneficial Ownership Reviews

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Vaidyanathan Chandrashekhar

Vaidyanathan Chandrashekhar

Advisors

“Chandy,” is a technology and risk expert with executive experience at Boston Consulting Group, Citi, and PwC. With over two decades in financial services, digital transformation, and enterprise risk, he advises iComply on scalable compliance infrastructure for global markets.
Thomas Linder

Thomas Linder

Advisors

Thomas is a global tax and compliance expert with deep specialization in digital assets, blockchain, and tokenization. As a partner at MME Legal | Tax | Compliance, he advises iComply on regulatory strategy, cross-border compliance, and digital finance innovation.
Thomas Hardjono

Thomas Hardjono

Advisors

Thomas is a renowned identity and cybersecurity expert, serving as CTO of Connection Science at MIT. With deep expertise in decentralized identity, zero trust, and secure data exchange, he advises iComply on cutting-edge technology and privacy-first compliance architecture.
Rodney Dobson

Rodney Dobson

Advisors

Rodney is the former President of ADP Canada and international executive with over two decades of leadership in global HR and enterprise technology. He advises iComply with deep expertise in international service delivery, M&A, and scaling high-growth operations across regulated markets.
Praveen Mandal

Praveen Mandal

Advisors

Praveen is a serial entrepreneur and technology innovator, known for leadership roles at Lucent Bell Labs, ChargePoint, and the Stanford Linear Accelerator. He advises iComply on advanced computing, scalable infrastructure, and the intersection of AI, energy, and compliance tech.
Paul Childerhose

Paul Childerhose

Advisors

Paul is a Canadian RegTech leader and founder of Maple Peak Group, with extensive experience in financial services compliance, AML, and digital transformation. He advises iComply on regulatory alignment, operational strategy, and scaling compliance programs in complex markets.
John Engle

John Engle

Advisors

John is a seasoned business executive with senior leadership experience at CIBC, UBS, and Accenture. With deep expertise in investment banking, private equity, and digital transformation, he advises iComply on strategic growth, partnerships, and global market expansion.
Jeff Bandman

Jeff Bandman

Advisors

Jeff is a former CFTC official and globally recognized expert in financial regulation, fintech, and digital assets. As founder of Bandman Advisors, he brings deep insight into regulatory policy, market infrastructure, and innovation to guide iComply’s global compliance strategy.
Greg Pearlman

Greg Pearlman

Advisors

Greg is a seasoned investment banker with over 35 years of experience, including leadership roles at BMO Capital Markets, Morgan Stanley, and Citigroup. Greg brings deep expertise in financial strategy and growth to support iComply's expansion in the RegTech sector.
Deven Sharma

Deven Sharma

Advisors

Deven is the former President of S&P and a globally respected authority in risk, data, and capital markets. With decades of leadership across financial services and tech, he advises iComply on strategic growth, governance, and the future of trusted data in AML compliance.