--- title: "News Release: AML RightSource" description: AML RightSource, the leading firm focused on fighting financial crime, is pleased to announce that it has acquired Blue Umbrella Limited. image: https://www.blueumbrella.com/hubfs/Feature-image---Blog-Feb-21.png --- [![BU Primary Logo_1. Triangle Main](https://www.blueumbrella.com/hubfs/00_Redesign2022/Blue%20Umbrella%20Branding/BU%20Primary%20Logo_1.%20Triangle%20Main.png "BU Primary Logo_1. Triangle Main")](https://www.blueumbrella.com/) [![BU-Primary White Logo](https://www.blueumbrella.com/hubfs/00_Redesign2022/Blue%20Umbrella%20Branding/BU-Primary%20White%20Logo.png "BU-Primary White Logo")](https://www.blueumbrella.com/) #### products Blue Umbrella delivers a potent combination of powerful risk management tools, innovative technology and research excellence. [Explore all products](https://www.blueumbrella.com/products) [Status](https://www.blueumbrella.com/status) For large enterprises with tens of thousands of business relationships, Status integrates all information and workflows to run a global compliance program. [Research](https://www.blueumbrella.com/research) Blue Umbrella offers tailored third-party risk intelligence reports, safeguarding organizations from regulatory or reputational risk. News ## News Release: AML RightSource ![AMLRS and BU ](https://www.blueumbrella.com/hubfs/AMLRS%20and%20BU%20.png) [AML RightSource Expands into Corporate Compliance Technology with Acquisition of Blue Umbrella](https://f.hubspotusercontent20.net/hubfs/5164326/AMLRS%20Public%20Press%20Release%20(GC)%20CLEAN.pdf) CLEVELAND, OH, July 6, 2021 – AML RightSource (“AMLRS”), the leading firm focused on fighting financial crime for our clients and the world, is pleased to announce that it has acquired Blue Umbrella Limited (“Blue Umbrella”), increasing the breadth of compliance services and technology solutions available to corporates and financial institutions. Founded in 2009, Blue Umbrella offers third-party compliance technology and due diligence services using custom automated workflows to corporate clients across a range of industries, including technology, food and agriculture, life sciences, and financial services. Blue Umbrella’s differentiated technology platform and 200 team members support clients across Asia, Latin America, Europe, and North America Allan Matheson, CEO of Blue Umbrella, stated, “We’re delighted to be joining forces with AML RightSource to integrate our technology offerings and custom due diligence processes into their suite of client-centered compliance solutions. Together, we can provide end-to- end solutions to corporate and financial service clients around the world, better supporting their compliance activities and efforts to reinforce ethical corporate and individual behavior.” Allan will continue to lead strategy for Blue Umbrella as Vice Chairman and contribute to strategic initiatives across the AML RightSource group. “We are very excited to bring Allan and the Blue Umbrella team onboard. Their sophistication, innovation, and commitment to high-quality service sets them apart in the compliance technology industry,” stated Frank Ewing, Chief Executive Officer at AMLRS, “With our collective capabilities and footprint, we are now able to address and support a broader range of our clients’ governance, risk and compliance needs around the globe.” AML RightSource is backed by Gridiron Capital, LLC (“Gridiron Capital”), a leading investment firm focused on partnering with founders, entrepreneurs, and management teams. ## About AML RightSource, LLC AML RightSource is the leading firm focused on fighting financial crime for our clients and the world. AMLRS provides custom solutions to financial institutions, FinTechs, money service businesses, and corporations. Using a blend of highly-trained anti-financial crime professionals, cutting edge technology tools, and industry leading consultants, AML RightSource assists clients with their Anti-Money Laundering (AML)/Bank Secrecy Act (BSA), transaction monitoring, client onboarding (KYC), enhanced due diligence (EDD), and risk management needs. We support clients in meeting day-to-day compliance tasks, urgent projects, and strategic changes. Our global staff of more than 2,000 highly trained analysts and subject matter experts is the industry's largest team of full-time compliance professionals. AML RightSource is headquartered in Cleveland, Ohio. For more information, visit: [amlrightsource.com](https://www.amlrightsource.com) ## About Gridiron Capital Gridiron Capital is an investment firm focused on partnering with founders, entrepreneurs, and management teams, and creating value by building middle-market companies into industry-leaders in branded consumer, B2B and B2C services, and niche industrial segments in the United States and Canada. We help transform growing companies by winning together through hard work, partnerships grounded in shared values and a unique culture that comes from hands-on experience building and running businesses. As a team led by former operators and entrepreneurs, we know what it takes to run successful businesses on a day- to-day basis. Additional information is available on the firm’s website: [gridironcapital.com](https://gridironcapital.com/) [News](https://www.blueumbrella.com/insights/tag/news) ![Blue Umbrella](https://www.blueumbrella.com/hubfs/00_Redesign2022/Blue%20Umbrella%20Branding/favicon.ico) ### [Blue Umbrella](https://www.blueumbrella.com/insights/author/blue-umbrella) Blue Umbrella is a leading provider of due diligence research and innovative third-party compliance technologies. Combining global research excellence with disruptive RegTech SaaS solutions, Blue Umbrella serves multinational corporations working in technology, manufacturing, life sciences, defense/aerospace, agriculture, energy, finance, and consumer goods as well as top-tier investment banks. With a global presence and local focus, Blue Umbrella helps compliance teams increase automation and efficiency, reduce costs, and gain critical understanding of their clients and third parties. [**](https://www.facebook.com/blueumbrellagrc) [** ](https://www.linkedin.com/company/blue-umbrella-limited/) [** ](https://twitter.com/blueumbrellagrc) ## Share post - [**](http://www.facebook.com/share.php?u=https://www.blueumbrella.com/insights/news-release-aml-rightsource/) - [**](http://www.linkedin.com/shareArticle?mini=true&url=https://www.blueumbrella.com/insights/news-release-aml-rightsource/&summary=&source=BlueUmbrella) - [**](https://twitter.com/share?url=https://www.blueumbrella.com/insights/news-release-aml-rightsource/) ## Subscribe for Insights ### We'll let you know when we've published something cool. ### Other resources you might like [![](https://www.blueumbrella.com/hubfs/bu/Videos%202020/Blue%20Umbrella%20-%20Video%202%20Status%20-%20animation_1080p-thumb-1.jpeg) ](https://www.blueumbrella.com/insights/how-can-the-pharmaceutical-industry-improve-its-compliance-processes) Posts #### [How can the pharmaceutical industry improve its compliance processes?](https://www.blueumbrella.com/insights/how-can-the-pharmaceutical-industry-improve-its-compliance-processes) Regulated industries are always under scrutiny and any missteps in their processes seem to be magnified. They are also at the mercy of rapidly changing regulations which can vary among jurisdictions.... [![](https://www.blueumbrella.com/hubfs/life%20sciences%20-%20iStock-1327426565.jpg) ](https://www.blueumbrella.com/insights/what-are-the-top-5-considerations-of-life-sciences-compliance) Posts #### [What are the top 5 considerations of life sciences compliance?](https://www.blueumbrella.com/insights/what-are-the-top-5-considerations-of-life-sciences-compliance) Life sciences are under increased scrutiny from regulators and, due to COVID, have faced unprecedented challenges. This has increased pressure to remain innovative with their technology remaining... [![](https://www.blueumbrella.com/hubfs/bu/BRAND%20ASSETS-2019/Illustrations/Animation%20Placeholders/Blue%20Umbrella%20Tree_Animation%20Static%20Preview.jpeg) ](https://www.blueumbrella.com/insights/five-best-practices-for-adverse-media-monitoring) [Third-Party Compliance](https://www.blueumbrella.com/insights/tag/third-party-compliance) #### [Five Best Practices for Adverse Media Monitoring](https://www.blueumbrella.com/insights/five-best-practices-for-adverse-media-monitoring) Enterprises need to be aware of all degrees of risk that their clients and third parties may bring, ranging from a bribery allegation, to association with a sanctioned entity. Therefore, [Adverse...](https://www.blueumbrella.com/adverse-media-monitoring) ## Get Started Today! ### Blue Umbrella GRC Modular Blue Umbrella GRC software streamlines how mid-size organizations identify and communicate risk. [GET A DEMO](https://www.blueumbrella.com/grc?hs_preview=uFnmTDES-20572011632#form-scroll) ### Status For large enterprises with thousands of business relationships, Status simplifies global compliance programs. [GET A DEMO](https://www.blueumbrella.com/status?hs_preview=iYngjorY-20458594126#form-scroll) [### About ](https://www.blueumbrella.com/about) Blue Umbrella is shaking up compliance and risk management through industry-leading research, advanced technology and trailblazing software. [Learn more](https://www.blueumbrella.com/about) [Careers](https://www.blueumbrella.com/careers)   [### Products ](https://www.blueumbrella.com/products) - Client Login - [Blue Umbrella GRC](https://grc.blueumbrella.com) - [Status](https://status.eu.bluedd.com/)     - Connect - [* *](https://www.linkedin.com/company/blue-umbrella-limited) - [* *](https://twitter.com/blueumbrellagrc) ### Get started on compliance transformation. [get a Demo](https://www.blueumbrella.com/status#form-scroll) © Blue Umbrella Limited. All Rights Reserved. [Privacy Policy](https://www.blueumbrella.com/privacy-policy)[Cookie Policy](https://www.blueumbrella.com/cookie-policy) [Accessibility](https://www.blueumbrella.com/blue-umbrella-accessibility) Cookie Settings Please ensure Javascript is enabled for purposes of [website accessibility](https://userway.org)