Deloitte Canada Acquires Allevar to Strengthen Financial Crime and Compliance Solutions for Financial Services Organizations

Toronto, July 3, 2025 – Deloitte Canada is pleased to announce the acquisition of Allevar, a Toronto-based financial services technology & data enablement firm, offering expertise in key risk & compliance areas such as Fraud Management, Anti-Money Laundering (AML), Payment systems, and Know Your Customer (KYC).

“The acquisition of Allevar represents a strategic expansion of our capabilities in regulatory compliance and technology solutions for industries including financial services, and others preparing for the growth opportunities in the digital and AI age” says Anthony Viel, Chief Executive Officer, Deloitte Canada and Chile. “By integrating Allevar’s expertise, particularly in, Anti-Money Laundering, Fraud, Payments, and KYC we are poised to offer unparalleled value to our clients by ensuring they remain on their growth trajectory enabled by a solid foundation of regulatory compliance and operational efficiency.”

Allevar's team brings extensive experience in technology and data driven solutions for managing risks related to Financial Crime, Fraud, AML, Know Your Customer, and Payments. These capabilities are strategically important for Canadian banks and Financial Services industry at large for protecting the public and consumers against bad actors, meeting regulatory expectations, and enabling growth.

Allevar's growth has been driven by robust relationships with key executives and a commitment to meeting the increasing demands of banking, finance, and insurance sectors in Canada. Along with the Allevar's team, the company’s C-suite executives Dan Wood, Dave Whyte and Maureen Binder Kotopski will be joining Deloitte Canada’s Regulatory & Risk practice.

"We are thrilled to announce that Allevar is joining forces with Deloitte Canada, marking a significant milestone in our growth journey,” says Dan Wood, CEO of Allevar. “This strategic decision is made with a focus on our people, clients, and the future, aligning with our core values and vision. By partnering with Deloitte, we are poised to enhance our capabilities and continue delivering exceptional service.”

This acquisition underscores Deloitte's commitment to delivering industry-leading solutions and insights, reinforcing its position as a leader in the financial services technology and compliance landscape.

The integration of Allevar into Deloitte's Strategy, Risk & Transactions (SR&T) business, specifically within Regulatory and Risk, will significantly enhance Deloitte’s ability to deliver comprehensive financial crime, AML & compliance solutions.

Press Contact:

Ryan Sebastain
Deloitte Canada
Tel: 647-507-9992
rsebastain@deloitte.ca