SQA Consulting, the business and technological transformation and financial crime prevention (anti-money laundering) software company, in collaboration with ABC TECH Group, has created a joint venture, SQA Consulting SEE in Bosnia and Herzegovina . The new company will create 75 new jobs in the UK.
The organization will be a center of excellence for software development and will encompass ABC TECH’s software development division in Bosnia and Herzegovina, as well as its centers in Kosovo and Croatia – more than 50 tech professionals. The total investment of both parties will exceed 3 million euros over the next two years.
Combined, SQA’s international market presence and ABC TECH’s software engineering capabilities in the region will drive the recruitment of over 100 additional engineers in the Balkans, as well as 75 cybersecurity engineers, migrating to the cloud. , specialists in the automation of intelligent business processes and leadership positions in its Manchester-head office. With year-over-year growth, the new company will further expand its capacity for global transformation and product engineering delivery.
Jeremy Round, Managing Director of SQA Consulting, said: âOur anti-money laundering and anti-terrorist financing products and services are deployed for most account holders in the UK and Ireland, and this partnership underpins the strong international growth we have seen in recent years. . AML & TF is one of the biggest financial concerns in the world with an estimated cost to the UK government alone of Â£ 100 billion per year (UK National Crime Agency). 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 defenses.
Steve Ruston, Director of Transformation of SQA Consulting, said: âThe new joint venture will allow us to further expand our transformation consulting and product engineering capabilities to keep pace with cybersecurity needs in the global services industry. banking and finance, which will allow us to develop SQA Consulting based on the demand we see for our transformation software and services. It is an exciting time and we are already planning further expansions and acquisitions in the UK, Europe and beyond. ”
For ABC TECH Group, this means completing the final step in the transformation process into a product-based banking technology company. She will continue to trade with a focus on her banking products and solutions, but like SQA Consulting, she will use the development department of the new company – SQA Consulting SEE to design new products.
Goran BosankiÄ, CEO of ABC TECH Group, adds: âThrough this collaboration, our employees will be able to further showcase their expertise while providing services to large international companies from various sectors, making this new company a one-stop shop. for high-end digital. transformation services, attracting both new clients and top talent. “
Matt Field, British Ambassador to Bosnia and Herzegovina, said: âI am delighted to welcome SQA Consulting to our growing family of British technology investors in Bosnia and Herzegovina. COVID19 has caused widespread disruption in businesses around the world, but has also opened up new and exciting opportunities for global digital transformation.
âI am happy that SQA and its partner ABC TECH quickly seized the opportunities in the region. This company is poised to create more jobs for talented and inspiring people for this country and I look forward to seeing them grow over the next few years.