SQA Consulting, the anti-money laundering software company, working with ABC TECH Group has established a joint venture company, SQA Consulting SEE in Bosnia and Herzegovina.
The new company will create 75 new Manchester-based tech jobs.
The new organisation will be a ‘centre of excellence’ for software development and will subsume ABC TECH’s software development division in Bosnia and Herzegovina, as well as its hubs in Kosovo and Croatia – in excess of 50 technology professionals.
Combined, SQA’s international market presence and ABC TECH’s software engineering capabilities in the region will drive recruitment in excess of a further 100 engineers in the Balkans, and 75 cyber security, cloud migration engineers, intelligent business process automation specialists and management roles in its Ancoats-based headquarters.
Steve Ruston, chief transformation officer, SQA Consulting said: “The new joint venture will allow us to further scale our transformation consulting and product engineering capabilities to keep pace with the needs of cyber security in the global banking and financial services sector, allowing us to grow SQA Consulting in line with the demand we are seeing for our transformation services and software.
“It’s an exciting time and we’re already planning further expansion and acquisitions in the UK, Europe and further afield.”
For ABC TECH Group it means that it completes the final step in the transformation process into a product-based banking technology company. It will continue to trade concentrating on its banking products and solutions, but like SQA Consulting, it will consume development service from the new company – SQA Consulting SEE to engineer new products.
Matt Field, British Ambassador to Bosnia & Herzegovina added: “I am glad that SQA and partner ABC TECH were quick to seize the opportunities in the region. This venture is set to create more jobs for talented and inspiring people for this country and I look forward to seeing them grow over the coming years.”
