Financial Crime World

Themis’ New Risk Management Cloud Service: Fortifying Financial Crime Prevention in Saudi Arabia

Jeddah, Saudi Arabia - Leading financial crime tech firm, Themis, has announced the launch of its new state-of-the-art risk management cloud service in Saudi Arabia. Designed specifically for the Saudi Arabian market, this service aims to address unique regional needs and uphold data sovereignty regulations.

Themis’ Commitment to Combating Financial Crime in Saudi Arabia

  • Themis CEO, Dickon Johnstone, highlights the company’s dedication to providing advanced tools and infrastructure for the region.
  • This expansion aligns with Saudi Arabia’s Vision 2030 and Themis’ commitment to innovative solutions against financial crime.

Key Features of Themis’ New Risk Management Cloud Service

  1. Advanced AI-based financial crime prevention technology:
    • Safeguards against financial crimes using state-of-the-art tools.
  2. Stringent security protocols:
    • Robust security measures, including continuous surveillance and advanced security systems.
    • Protection of valuable data.
  3. Compliance-driven infrastructure:
    • Adherence to the highest compliance standards.
    • Helps firms avoid potential regulatory breaches.
  4. High-speed, low-latency connectivity:
    • Seamless access to critical data and applications for businesses in the region.

Empowering Global Businesses

The launch of Themis’ new data center in Saudi Arabia is a significant milestone in the global fight against financial crimes. This expansion enables businesses to:

  • Detect, prevent, and mitigate the global impact of financial crimes.
  • Foster collaborative initiatives across the public and private sectors.
  • Strengthen the financial sector in line with Vision 2030’s objectives.

Quote from Matthew Deacon, Themis CTO

“Our strategy of ‘build once, deploy anywhere’ comes to life with our latest deployment of Themis Search having instances running in the UK, the UAE, and now Saudi Arabia. We can set up new instances anywhere our customers are, even within their own data centers. This makes us uniquely positioned to overcome even the most stringent regulations in the market.”

The expansion of Themis’ services in Saudi Arabia further underscores its commitment to equipping businesses with the tools they need to safeguard against financial crimes, a vital aspect of the country’s ongoing progression towards Vision 2030.