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Cygnus Compliance Launches Open Compliance Suite

Mahesh Viswanathan , Co-Founder of Cygnus Compliance

Rukmini Pappu , Co-Founder of Cygnus

Open Compliance Suite logo

The AI-Powered, Expert-Built Platform Cutting Through the Noise in Financial Crime Compliance

We asked ourselves – does the world really need another compliance product? We weren’t certain at first. But the more we listened to our clients, the clearer it became.”
— Mahesh Viswanathan
JERSEY CITY, NJ, UNITED STATES, September 16, 2025 /EINPresswire.com/ -- Cygnus Compliance, a regulatory technology and advisory firm with deep experience working with domestic and international financial institutions, proudly announces the launch of the Open Compliance Suite (OCS) – a modular, AI-powered platform redefining how compliance teams investigate alerts, govern models, and scale their program.

More than just another RegTech entrant, OCS was designed by seasoned industry professionals from the ground up to address a stubborn truth: compliance teams are still grappling with the same problems they faced a decade ago. OCS delivers what other platforms promise, but rarely achieve: clarity, speed, efficiency and confidence at scale.

“We asked ourselves – does the world really need another compliance product?” said Mahesh Viswanathan , Co-Founder of Cygnus Compliance. “We weren’t certain at first. But the more we listened to our clients, the clearer it became: the real need wasn’t just another detection tool. It was a solution that lowers the cost of compliance and modernizes compliance operations. Something practical. Enabling. Purpose-built. Grounded in experience. That’s what Open Compliance delivers.”

Unveiled at a private event in New York City on June 25th, OCS debuted to a select group of financial crime experts, industry leaders, and banking partners, all of whom helped shape the platform’s core mission: cut through noise, unify operations, and power faster, smarter decisions.

What Sets OCS Apart from Other Solutions
While many platforms offer point solutions, Open Compliance Suite is built as a purpose-driven compliance ecosystem. Here’s how it stands out:

- Real-World Banking DNA – Cygnus was founded by seasoned professionals who’ve run AML programs, validated models for banks under intense regulatory scrutiny, and guided institutions through regulatory crises. This lived experience is embedded in every feature of OCS.
- AI Where It Matters Most – OCS leverages AI where it drives real results: from Delphi, the AI-powered command center, to machine learning-powered signal detection, auto-drafted SAR narratives, and adaptive model tuning.
- Modular & Scalable Architecture – Other tools force a one-size-fits-all approach. OCS integrates with your existing technology stack and offers a modular system that scales with your institution – start with what you need, expand as you grow.
- Investigation-Grade Visualizations – Cutting-edge dashboards, entity maps, and transaction flow tools built for analysts, offering instant clarity, not just more data.
- End-to-End Governance Built In – From tuning to validation and regulatory documentation, OCS embeds governance and auditability into every interaction.

Built for the Challenges of Modern Compliance
Compliance teams today face more alerts, more scrutiny, and less room for error. OCS addresses four critical pain points:
- Alert Fatigue: AI-guided triage and NLP-enhanced narratives reduce review times and false positives.
- Data Silos: Unified workbench integrates investigations, model tuning, and governance workflows.
- Legacy Systems: Modern, API-first infrastructure ensures seamless integration with your current ecosystem.
- Reporting and Auditability: Integrated program documentation, activity tracking, and audit trails keep teams audit-ready at all times.

“Open Compliance was engineered from the ground up to help compliance teams do more with less,” said Rukmini Pappu , Co-Founder of Cygnus. “It’s designed to reduce manual effort, streamline oversight, and give institutions the tools they need to stay ahead of risk.”

Leadership for the Next Phase of Growth
The launch of OCS marks another significant milestone for Cygnus – the appointment of Sanjay Agarwal as Chief Financial and Operating Officer (CFO/COO). Sanjay brings more than 25 years of global leadership in finance and operations, spanning industries such as Information Technology, Consulting, Financial Services, Audit, SaaS, Healthcare, Retail, and Manufacturing.

Throughout his career, he has steered both multi-billion-dollar enterprises and VC/PE-backed growth companies, equipping him with a rare ability to navigate diverse organizational cultures while balancing profitable growth with long-term stability. His deep experience with venture capital and scaling growth-stage firms positions him uniquely to drive OCS’s expansion and amplify its impact.

“Having worked across global corporations and venture-backed innovators, I’ve seen the pitfalls of over-engineered technology and the promise of truly transformative solutions,” said Agarwal. “Open Compliance hits the sweet spot: regulator-ready, built for scale, and designed to solve real problems compliance officers face every day. I’m thrilled to join Cygnus at such a pivotal moment.”

More Than a Product. A Platform With Purpose.
This launch marks the result of years of effort – not just in development, but in conversation with those on the front lines of compliance.

“This journey has been personal,” said Viswanathan. “We’ve listened to our clients, compliance officers and other compliance professionals, reflected on our own time in the trenches, and poured everything we’ve learned into this platform. None of this would be possible without the developers, product thinkers, delivery teams, and client partners who brought it to life.”

What’s Next
With strong early momentum, Cygnus has launched an Early Adopters Program, inviting select financial institutions and industry leaders to help shape the roadmap. Participants receive early access to features, dedicated implementation support, and the opportunity to co-create future functionality.

Demos of Open Compliance Suite are now available. If you’re interested in learning more about becoming an early adopter or to learn how Open Compliance Suite can support your institution with clarity, control, and real-time intelligence, visit www.opencompliance.com or contact the Cygnus team for a personalized walkthrough.

About Open Compliance Suite
Open Compliance Suite (OCS) is a modular, AI-powered platform purpose-built to modernize financial crime compliance. Designed by industry veterans, OCS empowers institutions with smarter investigations, intelligent model governance, and end-to-end regulatory visibility. Its integrated capabilities – ranging from AI-assisted triage and auto-generated SARs to adaptive tuning and real-time visualizations – bring clarity, speed, and control to compliance teams navigating today’s most complex risk environments. OCS is scalable, configurable, and engineered to evolve with the institutions it serves.

Deana Mary
The Mary Group Consulting LLC
+1 410-925-4546
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