Oct 2015

Verafin Founders Recognized by EY for Their Outstanding Leadership

St. John's, NEWFOUNDLAND - Jamie King, Raymond Pretty and Brendan Brothers, founders of Verafin, the cloud-based financial crime detection software company, are the winners of the EY Entrepreneur of The Year™ 2015 Atlantic award in the category of information technology.

This award honours outstanding Canadians who have turned their unique business vision into successful reality, by evaluating criteria including personal integrity and influence, financial performance, leadership, innovation, and vision.

President and CEO, Jamie King said they consider it an honour to be considered among the other nominees in this category.

“Brendan, Raymond and myself may have started the company, but our success is a direct result of the overwhelming support of family, friends, and our larger Verafin family. We want to share this recognition with all our supporters, most importantly our employees who work hard everyday striving to make the business better.”

With a focus on caring, teamwork, and continuous improvement, Verafin is driving innovation in the financial technology market. An industry leader in cross-institutional financial crime collaboration software, Verafin is changing the way financial institutions across North America fight financial crimes, such as terrorist financing, drug dealing, elder financial abuse and human trafficking.

“In the past 13 years we have made amazing progress in fraud detection and anti-money laundering technology,” says Brendan Brothers, co-founder, “and we are more excited than ever about what the future holds for Verafin.”

About Verafin

Verafin is a leader in cloud-based, cross-institutional Fraud Detection and Anti-Money Laundering (FRAMLx) collaboration software with a customer base of over 1300 financial institutions across North America, and is the exclusive provider of fraud detection and BSA/AML software for the California Bankers Association, Florida Bankers Association, Illinois Bankers Association, Massachusetts Bankers Association, CUNA Strategic Services, a preferred service provider of the Independent Community Bankers of America, and has industry endorsements in 44 states across the U.S.