MEET Don Lee, Founder and Chief Executive Officer at FinWebTech. An Advisory Level member of the FSDA.

We are speaking today with Don Lee.

Don, please tell us a little bit about yourself.

I attended college at Florida International University for my Bachelor’s degree in Business Administration focused in management information systems; and Nova Southeastern University for my Master’s degree in Business Administration. I have served as Chief Compliance Officer, Chief Operations Officer, Anti Money Laundering Officer for several broker dealers and registered investment advisors, before starting my FinTech company FinWebTech to develop our flagship software application Catalyst in 2013.

FinWebTech was founded based on my need at the time serving as a Chief Compliance Officer and AML Compliance Officer, to find a cost-effective automated compliance solution to meet the demanding and ever-changing compliance and regulatory needs. Catalyst was born out of this need, and designed based on my compliance and AML background and experience. Catalyst provides firms with cost effective automated compliance solution including transaction monitoring for AML, sales practice (trading), and risk. Catalyst also provides customer risk rating services as well as supervisory controls.

Why is it important for FinWebTech, to be a member of the FSDA?

I believe that in today’s demanding regulatory world, technology plays a major role in compliance. As a result, I believe FinWebTech being a member of the FSDA, will provide a unique technological perspective to the group, while providing valuable insight into the technology requirements and needs of the industry.

I also believe in giving back to the community and am particularly interested in the outreach committees. We currently participate in several charities including the collection of schools supplies to underprivileged children in the Caribbean.

Don, thanks for taking time to speak with us today.