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Wynyard bags GCC Exchange anti-money laundering deal

Wynyard Group has won a multi-year contract with Gulf Cooperation Council Exchange for its anti-money laundering software subscription. (Image source: David Loong/Flickr)

Crime analytics software company Wynyard Group, has won a multi-year contract with UAE-based Gulf Cooperation Council (GCC) Exchange for its anti-money laundering software subscription

GCC Exchange general manager, Mukesh Himatlal, said that the UAE is amongst the leading countries seeking strict compliance of strong Anti-Money Laundering systems in an effort to protect against the possibility of money laundering and terrorist financing.

?By partnering with Wynyard we are armed with the top tools in the industry to best protect our business and customers from financial crime. Wynyard will help us meet worldwide compliance and regulatory standards so we can focus on growing our business and delivering excellent customer service.?

Wynyard Group managing director, Craig Richardson, said that the New Zealand-based company is delighted to be working with GCC Exchange and helping it meet regulations imposed to better monitor cash flows through the UAE financial system.

?Wynyard is experiencing growing demand for its advanced crime analytics SaaS solution, particularly in the United Kingdom, the Middle East and New Zealand,? he said.