Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


AML experts Fortytwo Data expand operations by opening Ukraine office

Global banking and finance news 28
  • UK’s leading AML and Big Data firm Fortytwo Data opens Kiev office
  • High quality of Ukrainian tech sector was driving factor behind firms first move beyond City of London

Fortytwo Data, the UK’s leading Anti-Money Laundering and Big Data firm, has opened its first overseas office in Ukraine.

The new location in the country’s capital, Kiev, is the first time the company has expanded beyond its headquarters in the City of London.

The satellite office will be a base of operations for the development and testing of its AI screening systems.

After an extensive Europe-wide search, Fortytwo Data recognised that the strength of the Ukrainian tech scene and high quality of computer science and engineering candidates in Kiev made the city the perfect fit.

The Kiev-based team will be comprised entirely of local talent, who will be trained extensively on the Fortytwo Data model and the complexities of its approach. The Kiev office will continue to expand as the firm’s operations grow.

Ukraine has fast become a hotbed for tech expertise, with 18 companies operating in the country making it onto this year’s list of the best outsourced tech firms in the world, the Global Outsourcing 100, compiled by the International Association of Outsourcing Professionals.[i]

Julian Dixon, CEO of Fortytwo Data, comments: “It’s thrilling to be able to take our first step outside the City of London and plant a flag in one of Europe’s most up-and-coming tech scenes. Our expansion to Kiev reflects both our ongoing success and need for more hands on deck.

“We considered a number of different locations for our new office but Kiev was by far the best fit. It has quickly become a tried and tested region for tech expertise and there is a large number of really high quality personnel who will greatly enhance what we are doing as a company.

“The team in Ukraine will be focused purely on development, enabling our London office to continue exploring opportunities to expand the business and grow our client base in the knowledge that they now have the strongest possible technical support.”



Recent Post

Global Banking & Finance Review® is a leading financial portal and Print Magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management. Copyright © 2010-2021 GBAF Publications Ltd - All Rights Reserved.