Enforcio - Helping clients fulfil their anti-money laundering obligations

Enforcio is an online platform designed for professionals looking to fulfil their anti-money laundering obligations. Today we meet founder Peter Griffiths to hear more about their exciting new product.

Enforcio - Helping clients fulfil their anti-money laundering obligations

Welcome to NEXUS Startup Diaries, the number one place to discover the hottest and most inspiring startups and founders.

Today we're excited to meet NEXUS member Peter Griffiths of Enforcio...

So Peter, tell us more about Enforcio

Enforcio is an online platform designed for professionals regulated and operating in the United Kingdom to enable them to service their clients in fulfilling their anti-money laundering obligations.

The platform consists of a proprietary algorithm that carries out an automated risk assessment once the customer completes an online onboarding form which takes a few minutes.

Enforcio allows the professional to assign different rights to users and to keep a full audit of all the risk assessments carried out, approved and rejected. The system also allows the uploading of due diligence documents and also integration with international databases on subject persons and their ongoing monitoring.

How did you come up with the business idea and what problem are you looking to solve?

Anti-Money Laundering is an area of growth and also concern for professionals, since through industry experience in it clear that several professionals are not keeping abreast with their legal obligations.

Enforcio is there to create a very simple and easy solution to this problem and in a very price-conscious manner, also assisting smaller firms and sole practitioners in their day-to-day operations.

What made you want to start your own business?

I have been running my own business in Malta for more than twenty years in financial services, and have extensive industry experience in Europe and the UK.

This new step of setting up a UK business comes from identifying a niche in the market and also an area of growth that is needed for professionals in general.

What stage is your business currently at?

Development is in the final stages, with the product being launched in the next few weeks. The priorities now are marketing and getting industry awareness of the product that we've developed.

What do you love most about being an entrepreneur?

Solving challenges and reacting to the dynamic changes that happen in life and business in general.

What is the number one business tip you've learned that you'd like to share with fellow budding entrepreneurs?

Listen to clients and employees. And react accordingly!

Who are your startup heroes?

Walt Disney. He took a passion to a new reality, and also created a niche that became a staple for all people young and old.

Is there a favourite podcast, book or series you'd like to share with the world?

Millennial Investing by The Investor’s Podcast Network hosted by Shawn O’Malley.

Where can people find you online?

Please add me on LinkedIn

It's been really great to chat today Peter! Good luck in the future with your business and we look forward to catching up with you soon.


If you're interested in starting, running or scaling your own business, then why not enquire about NEXUS membership here

...and if you're interested in featuring your own entrepreneurial journey on the NEXUS Startup Diaries blog, then get in touch and let's share that story with the world!