Shivam

Patel

Senior Associate

Dubai

English

What our clients say

Expertise

Advisory

Anti-Money Laundering & Sanctions

Bribery and Corruption

Data & Technology

Investigations

Complex Data Solutions

Cryptocurrency

Controls Testing, Enhancement, and Implementation

Forensic Data Analytics

Fraud

Governance, Risk Management and Compliance Enhancement

Internal Investigations

Regulatory Investigations

Risk Assessments

Shivam is a Senior Associate in the Forensic Technology team. Initially commencing his journey with FRA in the London office, he has since relocated to the firm’s Dubai office. He has experience designing, developing, and implementing solutions and creating reports pertaining to financial crime, fraud, compliance, and risk.

His expertise lies in data collection and integration, handling unstructured data, data cleansing, and report writing. He has managed multi-region projects, delivered data modelling and visualisation solutions, and developed AML and transaction monitoring dashboards as well as sanctions screening frameworks for global clients. He has actively engaged in multiple projects involving trading, cybersecurity, chemicals distribution, financial services, and logistics firms, as well as contributing to document review investigations.

In recent years, Shivam has also worked extensively on crypto and digital asset matters, including contributing across three work streams of a high-profile monitorship of one of the world’s largest crypto exchanges, as well as multiple forensic tracing investigations.

The majority of his experience was gained specialising in end-to-end fraud, financial crime detection and prevention, and utilising data analytics and strategy to drive change. His broader portfolio includes crafting white papers on risk scoring, leading regulatory engagements with the Financial Conduct Authority (FCA) and Dubai Financial Services Authority (DFSA), and delivering actionable insights to C-suite stakeholders.

He has collaborated with the New York City Bar Association (NYCBA), contributing to a report exploring the application of Artificial Intelligence and Machine Learning in Technology, Cybersecurity, and Data Privacy. Shivam has also supported thought leadership pieces, such as sharing insights on the pivotal role of data analytics during monitorships for a Global Investigations Review (GIR) publication. His pro bono participation includes anti-fraud training sessions to members of the International Federation of the Red Cross (IFRC).

Prior to joining FRA, Shivam managed operational and financial crime teams at a fintech start-up.

He holds the Chainalysis Reactor Certification (CRC).

Cryptocurrency Exchange: Currently supporting a multi-year US compliance monitorship of a global cryptocurrency exchange.
Chemicals Distributor: Supported a chemicals distributor with operations in 150+ countries with an internal investigation across multiple high-risk jurisdictions, as well as the design and implementation of a global sanctions and ABAC compliance program.
ABB: Supported Swedish-Swiss multinational ABB in reviewing and enhancing its internal controls as part of remediation discussions with the DOJ.
Financial Institution: Assisting the Board of Audit Committee of a financial institution with a time-sensitive investigation into allegations of fraud and misconduct, which included conducting interviews with the key stakeholders on-site, performing a review of the data, and preparing a detailed report of the findings to be presented to the Board.
Cybersecurity Company: Performed a global ABAC risk assessment covering over 60 entities across more than 45 countries, tailored to the requirements of the Sapin II law and the Agence Française Anticorruption (AFA), and supported the gain calculation.
Financial Services Company: Supported an ability to pay analysis related to a US DOJ investigation involving PPP loans.
Multinational Engineering Company: Conducted a multi-faceted risk assessment of the acquired company’s projects, joint ventures, and countries of operation to target the areas posing the greatest bribery and corruption risk, the results of which, together with the due diligence plan, were presented to the US DOJ and World Bank.
Global Telecommunications Company: Conducted an assessment of the company's sanctions and export controls program to ensure compliance related to its cloud services agreement with a software provider.
Cryptocurrency Exchange: Supported the court-appointed liquidators of a bankrupt cryptocurrency exchange, which included conducting a forensic lookback to identify suspicious fund flows indicating insider knowledge.