themis

Company Overview

Themis

Themis is a leading entity in the governance, risk, and compliance (GRC) sector, recognized for its Next Generation GRC Software Tools. The company's platform aims to accelerate partnerships with vendors, banks, and fintech enterprises by offering a sophisticated collaborative environment. Renowned for transforming compliance processes, Themis provides solutions across sectors such as banking, payments, lending, and cryptocurrency.

Key features of Themis include:

• A multi-platform approach enabling seamless communication and collaboration.

• Real-time data sharing enhancing compliance and risk management efficiencies.

• Proven productivity improvements; for instance, Hatch Bank reduced fintech partner onboarding time by 40%, and NBKC Bank saved 50% in managing approvals.

• Enhanced operational efficiencies are reported by clients like Greenlight Financial Technology and Continental Bank.

The recognition as the Winner of Banking Tech of the Year at the US FinTech Awards highlights Themis's innovative capabilities in the compliance sector.

Leadership Team

• Dickon Johnstone - CEO & Founder: As the CEO, Dickon focuses on innovative solutions and growth within the fintech compliance realm. He is strategic in cultivating value-driven relationships with stakeholders.

• Carel Van Randwyck - Chief Growth Officer: Carel directs Themis's marketing, growth strategies, and impact agenda, ensuring the company's leadership in compliance innovation.

• James Wightman - CFO & Managing Director, MENA: With over 17 years in financial management, James oversees Themis’s fiscal strategies, particularly in the MENA region, aligning them with the company's compliance goals.

• Matthew Deacon - CTO: Responsible for driving technological advancements at Themis, Matthew ensures their software tools are secure and innovative.

• Robin Morris-Weston - CISO: Robin is pivotal in maintaining robust cybersecurity measures, essential for safeguarding Themis's data integrity and operations.

Market Position and Product Offering

Themis offers a distinctive Compliance Collaboration Tool, aiding clients in the banking and fintech sectors to meet regulatory demands and enhance due diligence processes. Utilizing predictive analytics and real-time compliance data, Themis asserts its leadership in the GRC industry. Organizations like Evergreen and Continental Bank have experienced considerable productivity improvements, showcasing Themis's ability to deliver tailored solutions across sectors, including DeFi, BaaS, and cryptocurrencies.

Customer Impact and Testimonials

• Hatch Bank saw a 40% reduction in fintech partner onboarding time.

• NBKC Bank reduced its headcount by 50% with improved approval management.

• Greenlight Financial Technology increased productivity threefold.

• Evergreen achieved a 60% reduction in diligence completion time.

These testimonials highlight the value Themis provides through a comprehensive compliance framework for contemporary financial institutions.

Key Competitors Overview

1. Ncontracts

• Industry Presence: Serving over 5,000 financial entities in the U.S with integrated risk and compliance management solutions.

• Core Offerings: Risk, compliance, and vendor management tools, cybersecurity assessments, and fair lending compliance software.

• Growth and Recognition: Consistently part of the Inc. 5000 list for six years.

• Headquarters: Brentwood, Tennessee, USA.

• Leadership: Michael Berman, Founder & CEO, backed by a specialized leadership team.

2. Mopso

• Industry Focus: European provider of advanced AML and machine learning solutions for financial services.

• Technology: Employs open-source intelligence and composable architecture for comprehensive AML capabilities.

• Market: Strong presence in Milan and Luxembourg, supported by partnership with CRIF.

3. Sanction Scanner

• Operations: Offers AML solutions to 500+ clients globally, providing AI-based screening and fraud detection.

• Competence: Effective regulatory solution for customer onboarding and AML processes.

• Headquarters: London, UK, and Istanbul, Turkey.

4. Hawk AI

• Specialization: AI-powered fraud detection and AML technology enhancing risk coverage.

• Strategic Focus: Integrates transaction monitoring and customer risk assessment on a scalable platform.

• Market Recognition: Noted for significant improvements in AML processes.

5. Coginov

• Technology: Leader in semantic and information management technologies, specializing in NLP for compliance and email monitoring.

• Global Presence: Operating out of Montreal with offices in major cities like New York and London.

Analysis and Insights

Understanding Themis’s competitive landscape is crucial for strategic positioning. Ncontracts excels with a comprehensive compliance suite serving a large U.S. client base. Mopso and Sanction Scanner innovate in AML, with Mopso gaining traction in Europe through strategic alliances. Hawk AI's use of AI in AML highlights a trend towards enhanced compliance solutions. Coginov’s semantic technology offers unique advantages in information and compliance management. These insights emphasize the role of advanced technology in regulatory compliance and operational efficiency enhancements.