Locally based, cyber company SQR has been awarded a contract with the Isle of Man Government’s Central Registry.
The five year deal is to provide an independent digital identity verification solution for beneficial owners.
Over the past year, the company has developed state-of-the-art Governance, Risk, and Compliance (GRC) technology.
SQR Growth
Last year, the cyber company launched Know Your Customer (KYC), Anti-Money Laundering (AML) and Proactive Client Monitoring solution.
Additional contracts, such as with bespoke private wealth, succession planning and asset protection experts, Charterhouse Lombard Limited have also been successfully secured.
The acquisition of SQR by UK based company, SQRx, with the largest shareholder being industry titan and market-leader in insurance, Grahame Chilton.
The company says this strategic acquisition positions it for accelerated growth, emerging opportunities and opens new avenues for innovation.
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