SAUDI ARABIA TAKES A LEAP FORWARD IN FINANCIAL CRIME PREVENTION WITH THEMIS CLOUD SERVICE LAUNCH
A Major Boost to Combat Financial Crime
In a significant move towards combating financial crime, Themis, a leading financial crime tech firm, has launched its new risk management cloud service in Saudi Arabia. This cutting-edge platform is hosted in Jeddah and has been tailored to meet the specific needs of the region.
A Commitment to Combating Financial Crime
The launch reflects Themis’ commitment to providing the most advanced tools and infrastructure to help organisations prevent financial crime effectively in line with the Kingdom’s Vision 2030. According to Dickon Johnstone, CEO at Themis:
“We are thrilled to be expanding our Financial Crime platform to Saudi Arabia. This initiative reflects our unwavering commitment to providing the region with the most advanced tools and infrastructure to combat financial crime.”
Key Features of Themis’ Cloud Service
Themis’ cloud service boasts a range of key features, including:
- Advanced AI-based financial crime prevention technology: State-of-the-art tools to safeguard operations
- Stringent security protocols: Cutting-edge security measures for data integrity
- Compliance-driven infrastructure: Designed to meet and exceed industry regulations
A Flexible Approach to Financial Crime Prevention
Themis’ CTO Matthew Deacon highlighted the company’s strategy of “build once, deploy anywhere,” which has allowed it to stand up new instances of the service in various locations, including Saudi Arabia. This flexibility enables Themis to overcome regulatory barriers that may hinder other suppliers.
A Significant Step Towards Empowering Businesses
The launch is a significant step towards empowering businesses globally with innovative solutions to detect, prevent, and reduce the global impacts of financial crime. With its focus on tackling financial crime, Saudi Arabia has made anti-financial crime efforts and innovation a key part of progress towards its Vision 2030.
A Commitment to Fighting Financial Crime
Themis’ technology allows data to be hosted anywhere in the world, enabling it to adhere to any jurisdictional regulatory requirements. The company is poised to provide the tools necessary for the public and private sectors to fight financial crime effectively and creatively.
Conclusion
Themis’ cloud service launch in Saudi Arabia marks a significant milestone in the country’s efforts to combat financial crime. With its cutting-edge technology and compliance-driven infrastructure, Themis is well-positioned to help organisations in the region prevent financial crime and achieve their goals in line with Vision 2030.