Qumram

regtech

STATUS: Acquired/Merged
FOUNDING YEAR: 2011
LOCATION: Switzerland
Last Update: 08/09/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive WhatsApp community where you can engage in discussions with global industry experts!

About

Imagine being able to record everything your customers and employees do when interacting via your digital channels, and see everything exactly as they saw it, when watching a movie-like replay.Imagine storing these recordings in highly compressed, compliant form, and making them available for your Compliance team or Regulators to view, at a moments notice. Imagine de-risking your business, with your forensics team receiving alerts, whenever suspicious or potentially fraudulent digital behavior is detected, across all digital channels.Imagine going beyond compliance, utilizing the same data for customer insight, to analyze user behavior, improve customer experience, reduce costs, and increase profitability. That is the innovation of QumramQumram provides a fully-compliant digital audit trail, recording every digital interaction (web, social, mobile), securely and transparently, in accordance with global regulatory requirements. Big data collected and retained for compliance purposes can be converted into smart data that delivers deep customer insights.Visit www.qumram.com or call us:+41 44 300 2020 (Switzerland+44 7899 778 116 (UK)+1 212 835 1599 (USA)

MEDICI Analysis

Qumram provides a fully-compliant and transparent digital audit trail of all online, mobile, and social interactions. It enables financial services organisations to retain digital records, securely and reliably, in a fully accessible form, in accordance with global regulatory requirements: SEC, FTC, FINRA, ESMA, MIFID-II, FFSA, and more. Qumram also facilitates fraud detection, call centre enquiry handling, and customer behaviour analytics. Qumram was one of the 5 winning firms of The Swisscom Startup Challenge 2016.

Focus

PRODUCTS & SERVICES

Q-Suite applications that records the entire communication and is retained for compliance purpose. Critical content gets automatically detected. They record the fine details such as fluid mouse movement, keystrokes, button click. etc. It provides compliance support foor digital transactions of the employees. Q-suite products include: Q-Web, Q-Mobile, Q-Social.

MAIN CLIENTS

Some of the clients UBS

Kantonalbank of Zurich

Kantonalbank of Lucerne

Kantonalbank of Basel

etc.

EXISTING PARTNERSHIPS

IBM

T-Systems

Crealogix

Avaloq

Airlock / ergon

Nevis / AdNovum

People

FOUNDERS

Simon Scheurer

BOARD MEMBERS AND ADVISORS

Peter Nachbur

NUMBER OF EMPLOYEES

11-50

INVESTORS:

3wVentures

Ariel Lüdi

Peter Stalder

Zirkonia

KEY EMPLOYEES:

Patrick Barnert (CEO); Simon Scheurer (CTO); Simone Junod (CFO)

Momentum

FUNDED

NO

TOTAL FUNDING

$3.6 M

DATE OF LAST FUNDING

Feb 2017

SEED & PRIOR FUNDING

$3.6 M

SEED CLOSED ON

Feb 2017

LISTED

NO

Join the exclusive global FinTech community

Be a part of the global FinTech community on WhatsApp

Qumram

About

Qumram provides a fully-compliant and transparent digital audit trail of all online, mobile, and social interactions. It enables financial services organisations to retain digital records, securely and reliably, in a fully accessible form, in accordance with global regulatory requirements: SEC, FTC, FINRA, ESMA, MIFID-II, FFSA, and more. Qumram also facilitates fraud detection, call centre enquiry handling, and customer behaviour analytics. Qumram was one of the 5 winning firms of The Swisscom Startup Challenge 2016.

Focus

PRODUCTS & SERVICES

Q-Suite applications that records the entire communication and is retained for compliance purpose. Critical content gets automatically detected. They record the fine details such as fluid mouse movement, keystrokes, button click. etc. It provides compliance support foor digital transactions of the employees. Q-suite products include: Q-Web, Q-Mobile, Q-Social.

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

Traction

LIVE USERS/TRANSACTIONS:

No live users/transaction yet

People

NUMBER OF EMPLOYEES

11-50

KEY EMPLOYEES:

employee: Patrick Barnert

employee: Patrick Barnert

employee: Patrick Barnert

BOARD MEMBERS AND ADVISORS:

Peter Nachbur

INVESTORS:

3wVentures

Ariel Lüdi

Peter Stalder

Zirkonia

Momentum

FUNDED

YES

FUNDING COMPLETED

NO

LISTED

NO