SONABS is one of the few specialised service providers, with wide professional compliance expertise, based on over 150 implementations of different solutions for leading suppliers (with over 75% global market share) of various finance and insurance institutions.
In collaboration with top vendors, international consulting companies and reputable customers from the finance sector, SONABS consulting method has become a gold standard, implementing projects efficiently, while saving considerably resources and expenses.
Our main focus lies on supporting our customers to achieve the highest level of effectiveness and efficiency. This is why our projects aim less to sell a large number of employees with many person-days to our customers, but more to a high level of productivity.
We support our customers to optimize the technical and organizational measures without starting unnecessary activities and incurring costs. We believe that the open exchange of experience, methods and views achieves a maximum level of effectiveness and efficiency, generating sustainable results for our clients. Let’s talk about this.
SONABS management team
Bo Fota, Managing Partner
Bo Fota began his professional experience in product development and marketing before graduating from economic studies with focus on market research. Over time, he has specialized in customer and user behaviour analysis, and in organisation and innovation management. In 2008 he completed successfully an Executive MBA Program at TU Munich. Involved in long-term projects in Europe he was in charge with the business development and branches start up alongside with the structuring methods of new markets and business solutions for international enterprises. Furthermore, he was co-initiator of a large development project, carried out by prestigious German institutes of applied research, whereas the project results have been partly implemented in the SONABS GRC software and in the 5-Steps-Method.
Torsten Schreiber, Head of AFC Compliance Department
Succeeding his professional banking training and workplace in a bank branch, Torsten Schreiber studied business administration at the University Frankfurt am Main. As a counsellor for a British consulting firm, he took part in various international projects run by financial institutions. He began his very first AML project with a German major bank, as a result of the events from September 11, 2001. Thereafter he has developed multiple compliance solutions for well-known providers, such as Norkom (now BAE Systems), Tonbeller (now FICO) and NICE Actimize. Thanks to his great experience with long-lasting, global AML and KYC projects, he is one of the few pragmatic experts, who perfectly knows and masters special requirements and functional coverage for AML, Watchlist Filtering and KYC-CDD.