Themis Launches New Financial Crime Prevention Cloud Service in Saudi Arabia
Jeddah, Saudi Arabia - Themis, a leading financial crime technology firm, has announced the launch of its new risk management cloud service, specifically designed for the Middle Eastern market and hosted in Jeddah, Saudi Arabia. The newest Themis service is tailored to the region’s demands, complies with local regulatory requirements, and ensures data sovereignty for all clients.
Expanding Themis’s Reach in Saudi Arabia
“We are excited to expand our Financial Crime platform to Saudi Arabia,” said Dickon Johnstone, CEO at Themis. _ “This move reaffirms our dedication to offering the region the most advanced tools and infrastructure to combat financial crime effectively—in line with Saudi Arabia’s Vision 2030.”
Key Features of Themis’s New Service
Advanced AI-based Financial Crime Prevention Technology
- State-of-the-art tools safeguard businesses from potential financial crimes.
- AI capabilities help businesses identify and mitigate risks.
Stringent Security Protocols
- Adheres to highest safety standards.
- Employs advanced security measures to protect client data.
Compliance-driven Infrastructure
- Meets and exceeds industry regulations.
- Shields businesses from potential compliance breaches.
High-speed, Low-latency Connectivity
- Strategically located data centre ensures exceptional data access.
- Businesses can efficiently access critical information and applications.
Quote from Themis CTO Matthew Deacon
“Our goal is to deploy our Themis Search technology anywhere our customers require it, making it the first global financial crime prevention platform that operates with the flexibility necessary to overcome even the most stringent regulation,” says Matthew Deacon, CTO at Themis.
Milestone in Themis’s Mission
The launch of Themis’s data centre in Saudi Arabia represents a significant milestone in the company’s mission to empower businesses worldwide with groundbreaking solutions. By offering enhanced capabilities to detect, prevent, and minimize the global impact of financial crimes, Themis will significantly contribute to the Kingdom’s efforts to diversify its economy, foster entrepreneurship, and fortify its already robust financial sector.
Saudi Arabia’s Digital Transformation
“As Themis’s technology can host data in various locations, it can adapt to any jurisdictional regulatory requirements,” says Francis Bignell, Themis’s lead correspondent for LatAm. _
Saudi Arabia’s digital transformation brings ample opportunities for collaboration between public and private sectors to tackle financial crime effectively and innovatively. Themis is poised to provide the necessary tools for this joint undertaking.
About Themis and Francis Bignell
Themis is a leading financial crime technology firm dedicated to offering innovative solutions to help businesses combat financial crime effectively. Francis Bignell is a journalist and Themis’s lead correspondent for LatAm. He holds a BA in Classical Civilization and has a particular interest in North and South America.