Themis Unveils New Risk Management Cloud Service in Saudi Arabia

Themis, a leading financial crime technology firm, has announced the launch of its new risk management cloud service in Saudi Arabia. This expansion marks a significant milestone for Themis in the Middle Eastern market.

Jeddah Data Center - A Commitment to the Middle East

The newly-established Jeddah Data Center represents Themis’ commitment to safeguarding Middle Eastern businesses against financial crime. With its strategic location in Jeddah, the data center ensures:

• Regional data sovereignty
• Processing all customer data within Saudi Arabia’s borders

“We are committed to equipping the region with cutting-edge tools for effective financial crime prevention, as part of Saudi Arabia’s Vision 2030 strategy.” - Dickon Johnstone, Themis CEO

Key Features and Benefits

The new risk management cloud service offers several advantages to its clients in Saudi Arabia:

1. Advanced AI-based financial crime prevention technology: The service provides state-of-the-art AI-based tools to protect clients from financial crimes.
2. Stringent security protocols: The service prioritizes security, employing the latest security measures including continuous surveillance and robust security systems.
3. Compliance-driven infrastructure: Themis boasts a compliance-driven infrastructure designed to meet and exceed industry regulations.
4. High-speed, low-latency connectivity: The strategic location of the service guarantees seamless and efficient connectivity for businesses.

“Our strategy has always been to build once and deploy anywhere. We have instances running in the UK, the UAE, and now, Saudi Arabia, enabling us to cater to the diverse regulations in the market.” - Matthew Deacon, Themis CTO

Empowering the Region with Innovative Solutions

The Jeddah Data Center’s launch signifies a significant step forward for Themis in providing innovative financial crime prevention solutions. By enhancing the ability of Saudi Arabian companies to detect, prevent, and minimize the impacts of financial crimes, Themis plays a crucial role in the country’s economic diversification through Vision 2030.

In the rapidly-digitalizing public and private sectors of Saudi Arabia, there is a growing need for effective financial crime prevention mechanisms. Themis is well-positioned to provide the necessary tools, allowing the sector to fight financial crimes creatively and collaboratively.

“Given Themis’ ability to adapt its technology to fit within different jurisdictional regulatory requirements, it will be pivotal in addressing the evolving financial crime landscape of Saudi Arabia.” - Francis Bignell, Themis Journalist