ZIGRAM Joins Hands with Dolma to Strengthen Nepal's AML Systems

As regulatory oversight becomes increasingly global in nature, ZIGRAM, the world's premier RegTech solutions provider for AML, has partnered with Dolma Consulting, Nepal's top financial advisory business, to enhance Anti-Money Laundering (AML) and Financial Crime Compliance (FCC) in Nepal's banking, financial services, and insurance sectors.

The partnership arrives at the right moment, with Nepal under increasing scrutiny by international monitors like the Financial Action Task Force (FATF) to update its regulatory systems. The partnership will give Nepalese institutions access to ZIGRAM's 'Complete AML System', fueled by its 'Integrated RegTech Stack'. Dolma Consulting will leverage its ground-level knowledge and intimate familiarity with Nepal's financial ecosystem to aid implementation and customization.

Key Highlights-

• ZIGRAM partners with Dolma Consulting to enhance AML and FCC in Nepal
• Nepalese institutions to access ZIGRAM’s Complete AML System powered by RegTech
• Collaboration aims to support banks, insurers, PSPs, and capital markets in regulatory readiness

Joseph Silvanus, Managing Director of Dolma Consulting said, “We are happy to collaborate with ZIGRAM, whose end-to-end RegTech offerings are cutting-edge and synchronic with Nepal's changing regulatory requirements. As the nation's financial industry matures, embracing international best practices in AML and compliance becomes imperative.”

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Abhishek Bali, CEO & Co-founder at ZIGRAM, said, "Our collaboration with Dolma is indicative of our focus on achieving local impact through AML technology innovation. Our partnership is directed towards enabling institutions with more intelligent, scalable solutions that address both regulatory requirements and operational needs."

The project is likely to assist Nepalese financial institutions, comprising banks, insurers, PSPs, PSOs, and players in the capital markets in strengthening their risk management systems in anticipation of further integration with the world's financial systems.