Cynopsis Solutions is proud to announce the opening of our office in Abu Dhabi. Cynopsis’ mission is to be the regulatory technology provider of choice around the globe for KYC/KYB and AML, helping companies keep pace with regulatory change while minimising undue compliance costs to their business. We combine our deep regulatory expertise with the latest functional technologies, our innovative software provides cost-effective, secure and scalable solutions.
The opening of our new office in Abu Dhabi is the first step in our planned expansion in the Gulf Cooperation Council (GCC) and wider MENA region. It will allow Cynopsis to better serve its existing clients in the region and act as a platform for further growth and partnership opportunities. By establishing a physical presence in the MENA region, we believe that this will be an excellent opportunity for us to grow our brand and visibility within the regulated sectors in the region.
“The strategic desire of many countries within the GCC to diversify away from natural resources is driving innovation particularly in the financial services sector. This combined with the youthful and growing demographic of the region is seeing a significant increase in demand for digital financial service offerings. These market dynamics represent a very exciting opportunity for Cynopsis. We look forward to working closely with clients, regulators and authorities across the region to support that innovation. Abu Dhabi being the first country in the region to license a digital bank made it a natural choice to open our first office in MENA.” noted Mr. Avere Hill, Co-founder & CEO (EMEA) of Cynopsis Solutions.
Our new office will be located at:
WeWork Hub 71
Al Khatem Tower
16th Floor #118 – 010
ADGM Square, Al Maryah Island
United Arab Emirates
About Cynopsis Solutions
Founded in 2014 and headquartered in Singapore, Cynopsis Solutions offers RegTech solutions designed to digitise and automate Compliance and regulatory processes, in particular know-your-customer, anti-money laundering, and counter-terrorism financing. Cynopsis Solutions’ accolades include MAS FinTech Awards (2018), RegTech100 (2018, 2019) and Financial Times Top 50 High Growth Companies in Asia-Pacific.
Our end-to-end KYC/AML solutions are designed according to the global FATF recommendations, applicable to more than 180 jurisdictions and is already helping more than a thousand B2B customers in the Banking, Financial Services, FinTech and Cryptocurrency, Professional Services and Gaming sectors globally.