Wynyard Group named Asia Pacific Category Winner in 2014

Media release

Wynyard Group named Asia Pacific Category Winner in 2014 RiskTech100® report by Chartis

Auckland, 16 December 2013 - Wynyard Group, the specialists in critical threat assessment and advanced crime analytics software, has been named the Asia Pacific Category Winner in the latest RiskTech100® report. The report by Chartis is acknowledged globally as the most comprehensive and prestigious study of risk technology vendors.
Craig Richardson, Managing Director Wynyard Group, is delighted with Wynyard winning the Asia Pacific sector ahead of some of the world’s best known technology companies. He said spending in Wynyard’s target markets is set to continue at double digit growth in 2014.
"Wynyard has a clear strategy of leading the critical threat assessment and advanced crime analytics market.  Chartis estimated the value of the Asia Pacific operational and financial crime risk management market at US$1.03 billion for 2015 and we are pleased to have been recognised as the leader in this important growth region."

On target to deliver revenue growth of more than 60% this year, Wynyard Group has over 400 customers globally with more than 50 reporting entities in Asia Pacific using its Financial Crime software-as-a-service (SaaS) and organisations such as Queensland Rail, Singapore Stock Exchange and Malaysian Stock Exchange using Wynyard’s risk management solution.

“Organisations are looking to take advantage of link analysis, predictive modelling, artificial intelligence and real-time tools,” commented Peyman Mestchian, Managing Partner at Chartis. “Wynyard’s focus on smart tools for operational risk, anti-money laundering and anti-fraud management position it as an emerging leader in this space.”

Chartis noted artificial intelligence or intelligent machines for detecting and protecting companies from risk and crime is expected to have the highest rate of future adoption. Wynyard Group’s Crime Science Research Centre is working closely with the University College of London (UCL) to continue developing these approaches.

The RiskTech100 report is available for free download at www.risktech-forum.com.

ENDS

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