The Palm Beach Hedge Fund Association announces a collaboration with anti-money laundering technology solution, SILO.
Aug 26, 2023
The Palm Beach Hedge Fund Association (PBHFA) announces a strategic partnership with SILO Compliance Systems (SILO).
West Palm Beach-Ft. Pierce, FL, Florida, United States - August 26, 2023 —
The Palm Beach Hedge Fund Association (PBHFA) announces a strategic partnership with SILO Compliance Systems (SILO).
Headquartered in the Cayman Islands, SILO is a leading anti-money laundering (“AML”) regulatory technology and presenter of the popular AML Grey Matters webinar series with an audience from over 150 countries. Founded not by a technology company but a former compliance officer, SILO automates much of the workflow required to meet regulatory requirements and works closely with their customers ensuring their solution is up-to-date to meet increased regulatory expectations.
The collaboration between PBHFA and SILO will ensure that PBHFA members will have access to information and educational opportunities relating to AML regulatory obligations, best practices and pitfalls in compliance, and financial crime trends.
David S. Goodboy, Founder PBHFA, stated, “We are thrilled to share SILO’s AML compliance solution with our hedge fund, RIA, financial firms and institutional money manager members. In today’s highly monitored environment, proper AML regulatory compliance is critical to every fund and financial firm. I look forward to working with SILO to educate our members on this critical topic.”
Kimberly Smith, Co-Founder of SILO added, “The regulatory environment is indeed getting more stringent because securing our financial services systems against crime and corruption is now more essential than ever. We are pleased that PBFHA has included us as a partner to serve and educate its members on this matter. It allows us to demonstrate that innovative technologies can help meet regulatory obligations and enhance and strengthen relationships with legitimate clients.”
About SILO Compliance
SILO Compliance System is an innovative due diligence management and AML compliance solution designed by experienced compliance professionals. The solution automates risk assessments and sanctions screening and notifies staff when clients need review. Useful dashboards provide crucial analytics for management. And with emerging technologies constantly being developed, SILO seeks out new tools to integrate to ensure efficiency and effectiveness as regulatory obligations continue to increase. Visit www.silocompliance.com to learn more about SILO or sign-up for future AML Grey Matters broadcasts. For media inquiries, contact Kimberly Smith at [email protected]
About The Palm Beach Hedge Fund Association:
The Palm Beach Hedge Fund Association is the leading South Florida trade organization for investors and financial professionals. Its members consist of active hedge fund managers/ professionals, ultra-high net worth investors, family offices, financial traders, investment bankers, academics, financial institutions, FOF’s, foundations, allocators, as well as the world’s top service providers, including third-party marketers, data providers, prime brokers, administrators, auditors, lawyers, risk managers, and fintech firms. Since launching in the autumn of 2013 with an original core of five members, the association has exponentially grown to become the voice of the South Florida financial community. To learn more visit www.pbhfa.org
News Source: Pinion Newswire
Contact Info:
Name: David S. Goodboy
Email: Send Email
Organization: The Palm Beach Hedge Fund Association
Website: https://pbhfa.org/
Release ID: 89105883
If there are any errors, inconsistencies, or queries arising from the content contained within this press release that require attention or if you need assistance with a press release takedown, we kindly request that you inform us immediately by contacting [email protected]. Our reliable team will be available to promptly respond within 8 hours, taking proactive measures to rectify any identified issues or providing guidance on the removal process. Ensuring accurate and dependable information is our top priority.
More News
How to Style like Sofia Coppola, Chloé Zhao, Greta Gerwig and Emerald Fennell
These celebrated female filmmakers have been owning the spotlight of late with their distinctive fashion choices – Sofia Coppola’s understated minimalism and Greta Gerwig’s smartly tailored ensembles haven’t gone unnoticed. Read on to explore the personal style of four of Hollywood’s best-dressed women directors. Sofia Coppola Rabanne skirt The Row T-shirt Chanel necklace Cartier watch Max Mara shoes (HK$5,990) Chloé Zhao Toteme jumper Malo shirt Phoebe Philo trousers Hermès...
How procrastination can harm your physical and mental health, and practical tips to stop it
“Have you made that doctor’s appointment about the lump on your back yet?” your spouse asks. You sheepishly mumble that you have not. Walking past a packed wardrobe – a daily reminder of a decluttering project put off for months – you settle onto the sofa to finish binge-watching that new Netflix series. Sound familiar? Procrastination is no big deal; everyone puts off tasks they don’t want to do, right? Wrong, according to Fuschia Sirois, a professor of social and health psychology at Durham...
Inside NBA star Trae Young’s US$700,000 watch collection, from Rolex to Hublot
Four-time NBA All-Star Trae Young has a watch collection as impressive as his basketball career. The 28-year-old, who signed a four-year US$212 million deal with the Washington Wizards in June this year, sat down with Robertino Altieri, CEO and founder of second-hand luxury watch dealers, WatchGuys, in an exclusive episode of Altieri’s video series, My Collection, to talk about his stunning watch rotation valued at around US$700,000. Young’s love for timepieces started when he was only 10,...
Meet Wicker star Marli Siu, who was born in Hong Kong
One of the most highly anticipated films of 2026 is Alex Huston Fischer and Eleanor Wilson’s Wicker. Starring Olivia Colman and Alexander Skarsgård, it follows a lonely fisherwoman who commissions a weaver to make her a husband out of wicker, only for the creation to come to life, sparking an enviable romance. The cast includes Peter Dinklage as the Basket Weaver, Elizabeth Debicki as the Tailor’s Wife and Marli Siu as the Bottle-Washer’s Wife. View this post on...
"You’d Best Get The Hell Out Of This Town": 34 Really, Really, Really, REALLY Disturbing Small Town Stories That Will Make You Stay Home For The Rest Of Your Life
"We reversed out of there as quickly as we could, screaming and certain that we just stumbled upon something we shouldn’t have." View Entire Post ›
People Are Revealing Which Vacation Destinations Scream MAGA Versus Democrat
I mean... there is some truth to this. View Entire Post ›
40 Travel Products Under $20 That Are Worth Every Penny
These silicone bottle covers and these clear waterproof shoe bags are things you get yourself now so you can thank yourself later. View Entire Post ›
After decades of false starts, the 1914 Hotel Clark finally reopens in downtown L.A.
Since the 1990s, the Beaux-Arts hotel has been called 'zombie building' because of its idleness. But with the Olympics coming and changes happening downtown, its owner believes now is the time to welcome guests in again.
31 Versatile Travel Products You’ll Genuinely Want To Use For Dozens Of Different Trips
Once you make it through one trip with this pill organizer, it'll become your new travel buddy. View Entire Post ›
Get Ready To Be Called "Mary Poppins" — 27 Teensy Tiny Travel-Sized Items That'll Fit In Your Purse
You’re always gonna be prepared. View Entire Post ›
These 33 Handy Travel Products Won’t Dig Into Your Vacation Budget, But They *Will* Make The Journey Way Easier
This handheld luggage scale will def save you come weigh in at the airport. View Entire Post ›
If You Can Pass This Geography Trivia Quiz, You Belong In The Knowledge Hall Of Fame
Test your knowledge of geography! View Entire Post ›
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.