About Us

We have been on the inside. Now we build it better.

We're a specialist compliance-software company for BaFin-supervised institutions. Built by AML and payments-infrastructure operators, we turn the regulatory obligations a firm can't afford to get wrong into accountable outcomes: run, reviewed, and defensible under audit and deadline pressure, for the compliance leaders who personally carry the risk.

Why we started

We were done working around the problem.

Between us, we have spent over 30 years building the compliance and regulatory platforms that banks and funds run on. We have seen how this work really gets done. Some of it was great. A lot of it was not.

We watched vendors sell bloated systems that looked good in procurement but fell apart in production. We sat through 18-month projects that shipped the wrong thing. We saw compliance teams scrambling to patch platforms that nobody designed with regulators in mind.

And the people answerable when the regulator calls got the worst of it: spreadsheets held together by hand, advisors who bill by the hour, and platforms built for someone else's problem. We knew it didn't have to be this way. So we started WBP.

Mohan Paranthaman

Mohan Paranthaman

Co-founder

Ex-Citi · Ex-BNP Paribas · Ex-Akbank

20+ years navigating deep finance and regulatory code. Led product management for KYC/AML platforms at Citi and BNP Paribas, VP of Product at Akbank AŞ. Expert in BaFin compliance, legacy modernization, and audit-ready platform design.

Karthik Iyengar

Karthik Iyengar

Co-founder

Ex-Shopify · Ex-Klarna

Karthik is the principal architect behind WBP's platforms. He led the end-to-end design and build of a full AML compliance platform for a regulated client, owning everything from the architecture and data model to the security controls, regulatory workflows, and product experience. Across a fintech career spanning payments, credit, and alternative asset management, he has built products that are technically robust and made for real-world adoption.

Why we're good at this

Knowing the regulation is one thing. Building software that stands up to it is another. Regulation moves and gets interpreted, so we don't try to freeze it in code. We build software that's resilient when it matters, flexible as the rules change, and auditable down to every decision. That standard holds whether it's a filing, a risk model, or an audit trail.

We build the hard parts fast

We build the hard parts fast

What takes incumbents and Big-Four projects years, we've delivered in 10 months, through a period of shifting German regulation.

Audit-defensible by design

Audit-defensible by design

Evidence, rationale, and approvals aren't a report we generate at the end. They accumulate as the work happens. When an examiner asks why, the answer already exists.

Held to an advisor's standard

Held to an advisor's standard

The obligations that matter have always gone to a trusted advisor. We hold ourselves to that same bar: answerable for the result, not just the advice. And we deliver it as software you own and rely on.

So your team can focus on the work that matters — and defend everything they do.

A 30-minute demo, configured for your institution type. We walk through the compliance workflow end to end.

Book a Demo