Toronto, July 3, 2025 – In a move to expand its regulatory compliance and financial technology capabilities, Deloitte Canada has acquired Allevar, a Toronto-based firm specializing in risk management, data enablement, and financial crime prevention. Allevar brings deep expertise in Fraud Management, Anti-Money Laundering (AML), Know Your Customer (KYC), and Payment Systems, strengthening Deloitte’s offering in the evolving landscape of digital finance and AI-powered compliance.
“This acquisition represents a strategic expansion of our capabilities for clients in financial services and beyond,” said Anthony Viel, CEO of Deloitte Canada and Chile. “By integrating Allevar’s experience, we ensure our clients can scale with confidence, backed by robust compliance and operational excellence.”
Allevar’s leadership team—including Dan Wood, Dave Whyte, and Maureen Binder Kotopski—will join Deloitte’s Regulatory & Risk practice, part of its Strategy, Risk & Transactions (SR&T) business. Their addition enhances Deloitte’s ability to serve Canadian banks, insurers, and fintechs navigating complex regulatory environments while protecting consumers from financial crime.
Allevar has earned a strong reputation for building data-driven compliance solutions and maintaining deep relationships with industry executives. The acquisition comes at a pivotal time, as Canada’s financial institutions face rising regulatory scrutiny and increasing cyber and fraud risks.
“This is a milestone moment for us,” said Dan Wood, CEO of Allevar. “Partnering with Deloitte Canada allows us to scale our impact while staying true to our mission of protecting clients and communities through technology-driven risk management.”
The acquisition reinforces Deloitte’s leadership in financial services transformation, further enabling innovation, trust, and growth across Canada’s digital economy.
