Deloitte Canada has acquired Toronto-based financial technology firm Allevar in a move to strengthen its regulatory compliance and risk technology capabilities. Founded in 2005 by Dan Wood, Allevar evolved from a business architecture consultancy into a provider of solutions for fraud management, anti-money laundering, payment systems, and know-your-customer processes.
Allevar’s leadership, including Wood, Dave Whyte, and Maureen Binder Kotopski, will join Deloitte’s Regulatory & Risk practice. “This acquisition represents a significant milestone,” Wood said, citing shared values and vision. Deloitte CEO Anthony Viel emphasized the deal’s strategic importance for helping clients achieve growth anchored in compliance and operational efficiency.
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