Financial Crime World

Themis Empowers Saudi Arabia’s Financial Sector with Advanced Financial Crime Prevention Technology in New Jeddah Data Center

Themis Expands Offerings in Saudi Arabia

Jeddah, Saudi Arabia - Themis, a leading financial crime tech firm, has announced the launch of its new risk management cloud service in Saudi Arabia, marking a significant expansion of its offerings in the region. The service, housed in a state-of-the-art data center in Jeddah, is designed to cater specifically to the demands of the Saudi Arabian market and comply with local regulatory requirements.

Advanced Technology and Security in Jeddah Data Center

Themis’ new service brings advanced financial crime prevention technology, robust security measures, and compliance features to Saudi Arabia. These key features include:

Advanced Financial Crime Prevention Technology

  • Cutting-edge AI-based financial crime prevention technology
  • Safeguarding operations against financial criminal activities

Stringent Security Protocols

  • Continuous surveillance
  • Robust security systems
  • Data integrity

Compliance-driven Infrastructure

  • Industry regulations compliance
  • Shielding institutions from compliance breaches

High-speed, Low-latency Connectivity

  • Seamless and efficient access to critical data and applications
  • Strategic data center location

Global Mission to Combat Financial Crime

Themis’ expansion into Saudi Arabia is part of its global mission to combat financial crime. By providing innovative solutions, Themis aims to enhance businesses’ ability to detect, prevent, and ultimately reduce the impacts of financial crime on a global scale.

Quote from Dickon Johnstone, CEO of Themis:

We are thrilled to bring our Financial Crime platform to Saudi Arabia as part of our commitment to equipping the region with the most advanced tools to combat financial crime.

Flexible Deployment and Regulatory Compliance

Themis’ deployment strategy, described as the “build-once, deploy-anywhere” approach, allows them to set up new instances of their service anywhere their customers reside even within their own data centers, making it easier for them to navigate stringent regulations.

Quote from Matthew Deacon, CTO of Themis:

With instances already running in the UK and the UAE, Themis can set up new instances of its service anywhere its customers reside, even within their own data centers.

Increased Coordination and Collaboration in Combating Financial Crime

With the digital transformation underway in the region, the public and private sectors in Saudi Arabia have an opportunity for increased coordination in their efforts to combat financial crime. Themis is uniquely positioned to provide the tools necessary for this collaboration, further strengthening the Kingdom’s financial sector and promoting entrepreneurship and economic diversification.

Quote from Francis Bignell, Themis’ lead LatAm correspondent:

I look forward to reporting on the ongoing developments and impact of this groundbreaking technology on the Kingdom and the global financial landscape.