About Risk Rater
Creating simple compliance solutions for New Zealand businesses.
Our Mission
At Risk Rater, we believe compliance shouldn't be complicated or expensive. Our mission is to provide small and medium-sized businesses in New Zealand with affordable, user-friendly tools to meet their regulatory obligations without the stress.
Founded by a team of compliance experts and technology enthusiasts, we understand the challenges businesses face when dealing with complex regulations. That's why we've built Risk Rater to simplify AML/CFT compliance for everyone.
Understanding the Regulatory Context
New Zealand's Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (Phase 3) requires approximately 10,000 reporting entities to implement enhanced customer risk rating by June 1, 2025 [^8]. Many small businesses face challenges with this compliance:
The Challenge
- 1Lack of expertise in complex AML regulations
- 2Limited resources to implement sophisticated compliance systems
- 3High cost of traditional compliance solutions and consultants
- 4Fear of penalties for non-compliance with strict regulations
This is exactly why we built Risk Rater. Our platform bridges the gap between complex regulatory requirements and small business capabilities, providing an affordable and straightforward solution that ensures compliance without breaking the bank or requiring specialized knowledge [^7].
Our Team
Sarah Wilson
CEO
Former compliance consultant with 15 years of experience in regulatory implementation and AML/CFT policy.
Michael Taylor
CTO
Technology leader with extensive background in developing secure fintech platforms and compliance solutions.
Emma Johnson
Compliance Lead
AML/CFT expert with extensive experience designing risk assessment frameworks for various industries.
David Chen
UX Designer
Focused on creating intuitive user experiences that make complex compliance tasks simple and accessible.