Amrit Satpathy
Ecosystem Manager
NayaOne is excited for our recent collaboration with SQA Consulting, two industry-leading organisations at the forefront of financial services innovation. This collaboration aims to leverage the expertise and data provided by SQA Consulting to enhance NayaOne’s synthetic data, digital sandbox offerings and provide even greater value to our clients in the financial services industry.
SQA Consulting, with its deep knowledge and experience in risk management, compliance, and cybersecurity, has integrated their industry leading AML data with NayaOne’s data marketplace. This data will support banks and other financial institutions in their AML use case innovation, enabling us to deliver more robust and tailored solutions for AML technologies. By integrating the insights and intelligence from SQA Consulting’s data, NayaOne will be better equipped to help financial institutions identify and mitigate risks, streamline their compliance processes, and drive digital transformation. The collaboration will empower our clients to make informed decisions, navigate regulatory complexities, and stay ahead in an ever-evolving industry landscape.
AML is crucial for financial institutions’ product innovation journey. Technologies like advanced analytics and blockchain can enhance detection, prevention, and transparency in combating money laundering. However, challenges such as false positives, cybersecurity, and the need for human expertise must be addressed to ensure the effectiveness and security of AML processes. With access to synthetic data and a digital sandbox to discover, evaluate and scale third party technologies to production, financial institutions can strike a balance between innovation and regulatory compliance to build trust and safeguard against illicit activities.
At NayaOne, we firmly believe in the power of collaboration and partnership for innovation to build the future of finance. Working hand in hand with SQA Consulting allows us to combine our respective strengths and deliver comprehensive solutions that address the unique challenges faced by financial services organisations through NayaOne’s Digital Transformation Platform.
SQA Consulting solutions include:
- AML Compliance – Our AML compliance services and products can provide the assurance & operations of financial crime systems. All of our services can be tailored to your own risk & circumstances.
We are thrilled and inspired to support NayaOne to drive innovation with the usage of the financial services data. NayaOne's ability to integrate the insights and intelligence from SQA Consulting's data seamlessly is commendable. We support NayaOne’s mission to enable Bank Fintech partnerships via its Digital Transformation Platform.
Ewan O’Reilly
Data Analyst, SQA Consulting
We at NayaOne are pleased to announce SQA Consulting’s contribution in providing valuable financial services industry data to us and it has been instrumental in enhancing our platform's capabilities, and our marketplace.
Oli Platt
Product and Marketplace Manager, NayaOne
SQA Consulting provides AML compliance services that are based upon our financial crime products where we use those products on your behalf to deliver reports with recommendations for improvements. Some of our services provide operational support for your business, such as processing alert spikes. We also provide bespoke consultancy services to cover all many of KYC, transaction monitoring, risk assessment, section 166 requirements. All this is based upon a team of experienced AML professionals.
