Qumram

regtech

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

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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.

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

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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