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Partnership With Mekdam

We are very excited to announce a strategic partnership between Cynopsis Solutions and Mekdam Emerging Technologies aimed at revolutionising compliance solutions in Qatar and beyond.




As a leading provider of innovative compliance solutions, Cynopsis Solutions is dedicated to empowering businesses with state-of-the-art tools to mitigate risk, combat financial crime, and ensure regulatory compliance. With our award-winning products and extensive expertise in the field, we are committed to delivering unparalleled value to our clients worldwide. Mekdam, a renowned technology leader in Qatar, brings a wealth of local expertise and a strong track record of delivering tailored Compliance technology solutions to meet the unique needs and regulatory requirements of regulated financial services clients in Qatar. Their deep understanding of the local market dynamics and robust technology capabilities make them the perfect partner to help us expand our footprint in Qatar. Our partnership will enable us to deliver an unmatched customer experience, with seamless implementation, comprehensive support, and ongoing collaboration to ensure our clients' success. Together, Cynopsis Solutions and Mekdam Software Services / Mekdam Emerging Technologies will work hand in hand to deploy our suite of compliance solutions in Qatar, empowering businesses to streamline their compliance processes, enhance risk management capabilities, and achieve sustainable growth in a rapidly evolving regulatory landscape.

Mr Chionh Chye Kit on the partnership with Mekdam

Mr. Chionh Chye Kit, CEO & Co-Founder of Cynopsis Solutions, shared his excitement about the partnership: "Partnering with Mekdam represents a significant milestone for Cynopsis Solutions as we expand our presence in Qatar. With Mekdam's local expertise and our cutting-edge technology, we are well-positioned to deliver tailored compliance solutions that address the unique needs of businesses in Qatar."

Mr Bara Sami on the partnership with Cynopsis Solutions
More of Mr Bara Sami's thoughts on the partnership with Cynopsis Solutions

Mekdam is proud to announce a strategic partnership with Cynopsis Solutions, a leading provider of regulatory technology services. This collaboration is set to revolutionise the compliance landscape by integrating Mekdam’s robust infrastructure with Cynopsis Solutions’ cutting-edge KYC, KYB, and AML products. Together, we aim to streamline compliance procedures, enhance risk management, and ensure adherence to regulatory standards across various industries. Our combined expertise will empower businesses to navigate the complexities of financial crime risks with greater ease and efficiency. We are committed to delivering a comprehensive solution that not only meets but exceeds the expectations of our clients in terms of operational excellence and compliance assurance “ as per Mr. Bara Sami, Group General Manager of Mekdam Holding. Mr. Wael Ahmed, Business Unit Head of Mekdam Emerging Technologies, expressed that the alliance with Cynopsis Solutions is a pivotal development in their mission to innovate the regulatory compliance sector. This strategic partnership is poised to reshape the compliance framework, setting a new standard of excellence and efficiency.


 

About Cynopsis Solutions   

Cynopsis Logo

Cynopsis Solutions specialises in utilising advanced technologies to digitise and simplify complex compliance processes, with a particular focus on KYC, KYB, AML, & CFT. Our comprehensive solutions are meticulously designed in accordance with global FATF recommendations and are applicable in over 180 jurisdictions.

Cynopsis Solutions has received several prestigious accolades, including the MAS FinTech Awards, RegTech100 recognition, and a place in the Financial Times Top 50 High Growth Companies in APAC.

We have effectively assisted hundreds of organisations across a wide range of sectors, including Banking and Financial Services, FinTech, Blockchain, and Designated Non-Financial Businesses and Professions.

About Mekdam


Mekdam Holding Group fully homegrown and has emerged as a frontrunner in multiple industries, contributing significantly to Qatar’s status as one of the world’s most rapidly advancing nations. Its areas of expertise span Information Technology & Communication, Emerging Technologies, Cloud & AI, Engineering, Procurement & Construction (EPC), Consultancy Services, the Oil & Gas sector, Commercial Trading, Logistics, and Mechanical, Electrical, and Plumbing (MEP) solutions.


 

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