The Executive Office for Combating Money Laundering and Terrorism Financing is the first federal entity in the country to adopt the G42 . cloud

The Executive Office for Combating Money Laundering and Terrorism Financing signed a cooperation agreement with G42 to become the first federal entity in the country to adopt the “BIC” cloud system in order to place all its data and digital operations on the G42 Cloud.

The highly-tooled and secure infrastructure of the G42 cloud, along with its parent company's advanced AI capabilities, brings a wide range of benefits to the AML/CFT Executive Office, including complete data sovereignty, flexibility and application deployment turnaround times, accelerating the digital transformation of the Executive Office. And enhances its progress in the journey of innovation and competitiveness.

By adopting cloud computing, the Executive Office will also be able to benefit from best-in-class cybersecurity solutions to protect critical data, prevent information leakage, and mitigate risks.

Head of the Information Technology Department at the Executive Office for Combating Money Laundering and Terrorism Financing, Omar Al Shamsi, said that this strategic initiative is in line with the UAE government's vision of digital transformation, which reflects the far-sightedness of our wise leadership in shaping the future of the government sector to anticipate global challenges that require change and successfully overcome them.

And so that we can implement digital systems and protocols in accordance with the best international standards.” This agreement is based on the strategic objectives of the Executive Office to adapt advanced technologies to support the vision and mission of combating money laundering and terrorist financing in the UAE, and supporting national cadres in the field of cloud computing.

For his part, Talal Al-Qaisi, CEO of G42 Cloud, said: “The G42 Cloud team is proud to partner with the Executive Office to Combat Money Laundering and Terrorist Financing in this initiative and to have a role in supporting the UAE’s progress on its journey towards digital transformation. We are grateful to have been assigned by a government authority. A prestigious federal office, supporting the implementation of its very important mission and protecting the state from money laundering and terrorist financing. G42 solutions are based on the principles of flexibility and innovation, data security, establishment, and sovereignty.”

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