CybersecurityDeals

A new joint venture company will create 75 jobs in Manchester and 100 in the Balkans.

Manchester-based听SQA Consulting,听a听financial crime prevention听firm,听is听working with ABC TECH Group听to create a centre of excellence 鈥 named听SQA听Consulting SEE听鈥 for software development.听

The organisation will subsume ABC TECH鈥檚 software development division in Bosnia and Herzegovina, as well as its hubs in Kosovo and Croatia 鈥撎in excess of听50 technology professionals. Total investment from both parties will exceed听3 million in the next two years.

Combined, SQA鈥檚 international market presence and ABC TECH鈥檚 software engineering capabilities in the region will drive recruitment听in excess of a further 100 engineers in the Balkans, and 75 cybersecurity, cloud migration engineers, intelligent business process automation specialists and management roles in its Manchester-based headquarters.听

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鈥淥ur听anti-money听laundering and听terrorist听financing products and services are deployed for most account holders in the United Kingdom and Ireland, and this partnership underpins the strong international growth we have seen over the last few years,鈥 said听Jeremy Round, managing director at SQA Consulting.

AML & TF is one of the听worlds听biggest financial concerns with an estimated cost to the UK听government alone of 拢100 billion a year (UK National Crime Agency).听

Technology is an essential part of the fight against this financial crime and SQA Consulting is proud to work with banks to form national and international defences.鈥

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Steve Ruston, chief transformation officer听at听SQA Consulting,added: 鈥淭he new joint venture will allow us to further scale our transformation consulting and product engineering capabilities to keep pace with the needs of cyber security in the global banking and financial services sector, allowing us to grow SQA Consulting in line with the demand we are seeing for our transformation services and software.听

It鈥檚 an exciting time and we鈥檙e already planning further expansion and acquisitions in the UK, Europe and further afield.鈥