By PAUL O’DONOGHUE, Senior Correspondent
NTT DATA UK&I has formed a new partnership with Brighter Consultancy to expand anti-financial crime services for UK financial institutions.
The partnership combines NTT DATA’s digital capabilities with Brighter’s expertise in financial crime compliance.
NTT DATA is one of the world’s largest IT and consulting companies, with $30 billion in global revenue. Brighter Consultancy is a prominent professional services firm, headquartered in the UK.
Together, NTT DATA and Brighter will offer services including sanctions screening, transaction monitoring, compliance reviews, remediation, governance upgrades, and outsourced support. The goal is to provide “an end-to-end financial crime offering” to banks, insurers, and payment firms, the companies said in a statement.
David Brooks, Head of Insurance at NTT DATA UK&I, said the firm is “delighted to partner with such an innovative and forward-thinking consultancy.” He also added that the deal “provides a broader and deeper offering” for clients in both banking and insurance.
NTT DATA and Brighter consultancy offering
Brighter CEO Dean Manning described the partnership as “an exciting opportunity to provide clients with a comprehensive set of solutions.” He said NTT DATA’s advanced technology, such as cloud solutions and generative artificial intelligence, will enable Brighter to meet even the most complex client needs.
Chairman Simon Davis also said the two firms had already worked together for two years. This formal agreement, he said, marks the “next stage” in delivering “best-in-class anti-financial crime solutions.”
Andy Nelson, Head of Banking & Financial Markets at NTT DATA UK&I, added: “We’re excited to grow our work with Brighter and expand our presence among Europe’s largest banks.”
The move comes amid rising regulatory pressure. Around 100 new sanctions are issued globally each month. At the same time, the UK’s Financial Conduct Authority watchdog is increasing scrutiny, particularly of specialty insurance providers. These firms must carry out extensive client checks, including beneficial ownership and sanctions compliance. Any weakness can result in serious financial or regulatory consequences.
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